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Ole and Lena

A

Anonymous

Guest
Mike said:
Buying Property in Canada
The bottom line is that buying real estate in Canada is very easy.

From a residency point of view, if you plan to stay in Canada for 6 months or less each year, the government considers you a non-resident, which means that you can still open a bank account and buy property, etc. If you plan to live in Canada for more than 6 months per year, you must apply for immigrant status.

It is important to note, however, that while the majority of Provinces (British Columbia, Ontario, Quebec, Nova Scotia, Newfoundland, New Brunswick) have no restrictions on foreign ownership of real estate in Canada, some do limit the amount of property/land that a non-resident can purchase. On Prince Edward Island, non-resident buyers must apply to the Island Regulatory and Appeals Commission for land over 5 acres in size, or land with a shore frontage greater than 165 feet. In Manitoba, non-residents are prevented from owning farmland unless they actually plan to move there within 2 years. Non-residents may not own land over 10 acres in size in Saskatchewan, whilst in Alberta they may only own up to 2 plots of land not exceeding 20 acres in total.

Yep- kind of hard to run many cows or produce much wheat on 10 acres or less of SK.... :wink: :lol:
Just one of another of the reasons some of the most vocal in opposition to trading with Canada have been their neighbors....First they told us they didn't want us owning land up there- then they set NAFTA precedence when they told us that they didn't want our cattle up there because "ALL US CATTLE ARE DISEASED"- some of which were cattle that ran a fenceline apart...
BUT they sure wanted to be able to ship every animal that walked south to get to the higher prices.....

Kind of HYPOCRITICAL now when they whine, cry, and scream "protectionist"l when the US citizens pass a law that allows the consumer to know the country of origin of their meat they eat--when Canada/SK has been passing "protectionist" laws for years.... :wink: :lol:
 

Big Muddy rancher

Well-known member
Mike said:
We should have laws like that.......... :lol: :lol: :lol:

Your right Mike. How many times have we heard OT cry about the Californians moving to western Montana. :D

If they applied to the Farmland Security Board I think they could get exemptions if the land was close enough to the border. That's how some got land up here. Others just put a kid on the land for the "Summer".

Gee OT just think if you had adjoining land on the border the money you could make smuggling cattle south. :wink:
 
A

Anonymous

Guest
Big Muddy rancher said:
Mike said:
We should have laws like that.......... :lol: :lol: :lol:

Your right Mike. How many times have we heard OT cry about the Californians moving to western Montana. :D

If they applied to the Farmland Security Board I think they could get exemptions if the land was close enough to the border. That's how some got land up here. Others just put a kid on the land for the "Summer".

Gee OT just think if you had adjoining land on the border the money you could make smuggling cattle south. :wink:

Last I knew- Californians were still Americans (altho often I wonder :roll: )-- and maybe the US should have protectionist laws- but that hasn't been the case...

Comically in talking with some Canadians- while 40 years ago when they put the law in- they thought they were cutting a fat hog in the arse by keeping land cheap so they could buy more- now this protectionist law is biting them in the butt with the bad economic/beef times- and many getting to the age they would like to sell out- and they can get nowhere near the price of the land just south of the border....

So now Big Muddy- since you make insinuations about my character and honesty-- does that mean I should accuse you of rum running north across the border- I hear its quite lucrative :roll: SHEEEEEESH! Some kids never grow up..... :wink:
 

hypocritexposer

Well-known member
Oldtimer said:
Big Muddy rancher said:
Mike said:
We should have laws like that.......... :lol: :lol: :lol:

Your right Mike. How many times have we heard OT cry about the Californians moving to western Montana. :D

If they applied to the Farmland Security Board I think they could get exemptions if the land was close enough to the border. That's how some got land up here. Others just put a kid on the land for the "Summer".

Gee OT just think if you had adjoining land on the border the money you could make smuggling cattle south. :wink:

Last I knew- Californians were still Americans (altho often I wonder :roll: )-- and maybe the US should have protectionist laws- but that hasn't been the case...

You need to check your facts.

Unless these have been changed, they are very similar to the Sask. Regulations.

The following states, in addition to those noted below, have some sort of restriction on aliens owning land: California, Illinois, Kansas, Nevada, New Hampshire, New Jersey, New York, and North Carolina.

Iowa:

A non-resident alien, a foreign government, or business incorporated in a foreign countryor majority owned directly or indirectly by non-resident aliens, may not purchase or acquire agricultural land, with certain exceptions. Agricultural land acquired under the exceptions is subject to reporting requirements.

Minnesota:

Only US citizens, permanent resident aliens, and business entities whose stock and beneficial ownership are at least 80 per cent held by US citizens or permanent resident aliens may own agricultural land.

Missouri:

Non US citizens and businesses in which non-US citizens own a controlling interest may not own agricultural land unless the non-US citizen is a resident in the US No corporation, Missouri or out-of-state, may engage in agriculture after 1975.

North Dakota:

A non-US or non-Canadian citizen who is not a resident alien in the US may not hold agricultural land.

Pennsylvania:

Foreign governments and non-resident non US citizens may not hold more than 100 acres of agricultural land.

South Dakota:

Foreign governments and non-resident, non-US citizens may not hold more than 160 acres of agricultural land. No in or out-of-state corporation may own agricultural land.

Guam, Indiana, Oklahoma, South Carolina, Wisconsin, Wyoming Florida, Hawaii, Idaho, Kentucky, Mississippi, Montana, Oregon - These states have some limitation on the ownership of real property and preference in the access to - or ownership of land.

Guam:

Alien owned businesses may only own or rent land through Guam corporations.

Indiana:

Limits amount of land held by aliens. Resident and non-resident aliens may acquire real estate but must dispose of any land over 320 acres within five years of acquiring it, or the excess acreage will escheat to the state.

Oklahoma:

Non-US citizens may not own real estate, in the state, with certain exceptions.

South Carolina:

Non-US citizens or corporations controlled by non-US citizens may not hold more than 500 000 acres of land.

Wisconsin:

Non-US citizens not resident in the US, corporations with more than 20 per cent of their stock owned by them and non-US corporations may not hold more than 640 acres of land.

Wyoming:

A non-resident not eligible for citizenship may not hold real property except for personal use and not exceeding one acre.

Florida:

Non-immigrant visa holders do not receive a homestead exemption.

Hawaii:

Citizens and residents of Hawaii and US military war veterans receive preference in drawings from residential and agricultural leases of state lands. Residency requirements exist foraliens and stockholders of corporations and associations who wish to rent land in designated agricultural parks.

Idaho:

State land may only be sold to US citizens.

Kentucky:

Real estate owned by a non-resident alien may be escheated by the State eight years following its acquisition unless:

a) the alien becomes a US citizen,

b) they have declared their intent to become US citizens; or

c) the corporations are organised under state law

.

Mississippi:

Non-resident aliens may not hold land longer than 20 years before becoming a US citizen except that they may acquire 320 acres for industrial development and 5 acres for residential purposes. Moreover, a non-resident alien may not purchase public land, except that they may purchase 320 acres of public land for industrial purposes and 5 acres for residential purposes.

Montana:

State lands may only be sold to US citizens, those who have declared their intent to become US citizens or corporations organised under state law.

Oregon:


State lands may only be sold to US citizens or those who have declared their intent tobecome US citizens.

Montana Mining:


Montana has a reciprocity test for coal leases on state owned land. You should consult further information for your specific situation.
 
A

Anonymous

Guest
They might have the laws- but they either haven't been enforced for the past 20 years- and/or many were overturned by court/administration rulings- which was evident with a major portion of the homes/landholdings being deserted for foreclosure prior to the Bush Bust being done so by illegal immigrants....
 

hypocritexposer

Well-known member
Oldtimer said:
They might have the laws- but they either haven't been enforced for the past 20 years- and/or many were overturned by court/administration rulings- which was evident with a major portion of the homes/landholdings being deserted for foreclosure prior to the Bush Bust being done so by illegal immigrants....

Oldtimer said:
and maybe the US should have protectionist laws- but that hasn't been the case...


...so the US is just not enforcing their protectionist laws, is that your argument?
 
A

Anonymous

Guest
hypocritexposer said:
Oldtimer said:
They might have the laws- but they either haven't been enforced for the past 20 years- and/or many were overturned by court/administration rulings- which was evident with a major portion of the homes/landholdings being deserted for foreclosure prior to the Bush Bust being done so by illegal immigrants....

Oldtimer said:
and maybe the US should have protectionist laws- but that hasn't been the case...


...so the US is just not enforcing their protectionist laws, is that your argument?

If those laws are still on the books- it appears they aren't...I know SK's was...
Must not be very hard to buy land in Montana- because at one time the Japanese owned several large ranchs, wheatfarms, and elevators...

Like my partners brother used to say- toughest part of the SK law is finding an honest Canadian to give 51% ownership to..... :wink:
 

hillsdown

Well-known member
http://www.bxjonline.com/bxj/article.asp?magarticle_id=1301#

International Profile: Saskatchewan: Canada's Fastest Growing Economy
by the Saskatoon Regional Economic Development Authority and the Saskatchewan Ministry of Enterprise an
Saskatchewan has been dubbed the new “it” province in Canada's national media and BMO Nesbitt Burns describes it as “Canada's new rising star.”


Broad-based economic growth has delivered new wealth. Saskatchewan is outperforming the national average in all of the key economic indicators and, if it was a country, it would be the fifth richest per capita in the developed world.


For a century, Saskatchewan's economy has been defined by agriculture. Now, the economic champions are super-sized natural resources such as oil, gas, potash and uranium — commodities that are in high demand around the world and found in rich abundance in Saskatchewan.


Potash - Saskatchewan is the world's largest producer of potash used as fertilizer. Five years ago, $30 million was invested in exploring potash in Saskatchewan. This year, approximately $360 million will be invested.



Uranium - Saskatchewan has the world's richest deposits of uranium and the world's largest uranium mining industry, accounting for about 30 percent of world production.


Energy - Saskatchewan is the second-largest producer of crude oil in Canada, the third largest producer of natural gas and the third largest coal producer. Oil production has more than doubled in the last 16 years, and the province has one of the hottest oil plays in North America in the Bakken Formation.


Agriculture - Farming, the traditional Saskatchewan industry, is contributing to growth and enjoying the limelight as well. Exports are growing at a nation-leading rate and are predicted to set a record for total investment in Saskatchewan for the fourth consecutive year.


Saskatchewan is home to Canada's premier ag-biotechnology cluster in Saskatoon. The cluster has achieved international status with expertise in biofuels and bioproducts, crop research and nutrition, health and wellness.


Spotlight On Saskatoon


Saskatoon is the province's largest city (population over 240,000) and has been making international headlines of its own. The city has been featured in Germany's leading business newspaper Börsen-Zeitung and the country's leading real estate magazine Immobilien Manager.


In April 2007, Foreign Direct Investment magazine, published by the Financial Times Group, ranked the city among the 10 most promising small cities in North America in its “City of the Future” competition.


Industries well-suited to conducting business in Saskatoon include:


Mining – Mining has done well in this region because of the rich natural resources available including uranium and potash. The city is home to PotashCorp and Mosaic, which produce almost two-thirds of the world's potash. Cameco Corp. and Areva, the world's largest uranium producers, are also located in Saskatoon.


Manufacturing – Manufacturing in Saskatoon is a highly developed and diverse economic sector. This sector accounts for almost 10 percent of Saskatoon jobs, while Saskatoon is home to more than 35 percent of the provincial manufacturing jobs.


Saskatchewan has the lowest manufacturers' and processors' corporate tax rates west of Quebec. As well, the province has highly competitive utility and tax rates and the lowest provincial sales tax among the nine provinces levying the tax. Even with an increasing Canadian dollar and transportation costs, the Saskatoon region's manufacturing sector grew in 2007 by just less than 5 percent. The city's sector created more than 2,000 new jobs in the past five years. Eighty-five percent of Saskatoon-based manufacturing companies export their products.


Transportation – Saskatoon is widely recognized as one of the best and most cost effective locations for the warehousing and distribution of goods throughout North America and the world, particularly because of the extremely low outgoing transportation costs. Even with rising gas prices, the costs are still competitive.


Life Sciences – The life sciences sector, relatively new in the economy, is experiencing substantial growth and the Saskatoon region is reaping the benefits. With high-quality labor available and revenues growing, the life sciences sector is one of the strongest in the region. It includes companies in the bioprocessing, biotechnology, health sciences, natural health products (nutraceuticals) and pharmaceuticals industries. Companies in this sector are involved in a variety of research, development and manufacturing activities that use biological processes and techniques.


Saskatoon is home to the University of Saskatchewan, the only Canadian university to house six life science colleges. These include agriculture, dentistry, medicine, nursing, pharmacy and nutrition, and veterinary medicine, as well as a major teaching hospital on the same campus.


University research revenue has nearly tripled in the past decade. The University of Saskatchewan is a member of the “$100 Million Club,” securing more than $100 million in research funding.


A strong life sciences community provides a comfortable backdrop for easy networking and cross-research possibilities.


Technology – Saskatoon's technology community is a strong and diverse group, including companies in information technology and telecommunications with services that include satellite control, monitoring and communications, digital communications, automation and robots.


There are more than 70 companies in this sector that provide a variety of services including programming, software, systems integration, data processing, information retrieval and maintenance and repair. Saskatoon is also the home of Canada's only synchrotron, the Canadian Light Source.


Workforce


One of Saskatchewan's greatest advantages is its youthful population. Out of all Canadian provinces, Saskatchewan has the highest percentage of people less than 20 years old. This resource of young people will give the province a tangible competitive advantage in the future, and will in fact be a major part of the engine that drives the provincial economy.


On A Roll


There are unprecedented opportunities in Saskatchewan; so many that global investors now know exactly where Saskatchewan is on the map.


Saskatchewan has it all: the resources from potash and uranium to forests and abundant and productive agricultural land; the people who make up a youthful, highly skilled and energetic workforce; the competitive environment; and the economic climate.


To learn more about conducting business in Saskatchewan, visit www.sreda.com and www.ei.gov.sk.ca.
 

hypocritexposer

Well-known member
Oldtimer said:
hypocritexposer said:
Oldtimer said:
They might have the laws- but they either haven't been enforced for the past 20 years- and/or many were overturned by court/administration rulings- which was evident with a major portion of the homes/landholdings being deserted for foreclosure prior to the Bush Bust being done so by illegal immigrants....

Oldtimer said:
and maybe the US should have protectionist laws- but that hasn't been the case...


...so the US is just not enforcing their protectionist laws, is that your argument?

If those laws are still on the books- it appears they aren't...I know SK's was...
Must not be very hard to buy land in Montana- because at one time the Japanese owned several large ranchs, wheatfarms, and elevators...

Like my partners brother used to say- toughest part of the SK law is finding an honest Canadian to give 51% ownership to..... :wink:

If they are still on the books?, the ones that never were? You're talking in circles man.

And then you bring up dis-honest Canadians in the same post.

:roll: :roll:

P.S Non-citizen (Alien) residents also deserted their homes.

Like Sask., most (not all) land ownership/Real Property laws and regulations are based on residency, not citizenship. Do you see any reasoning behind them now, after watching people desert their homes?

edited to also add:

The amount of land ownership (10 or 160 ac.) reg. could be regarded as a distinction between what that regulating body determines to be a business or personal ownership
 

burnt

Well-known member
hypocritexposer said:
Oldtimer said:
hypocritexposer said:
...so the US is just not enforcing their protectionist laws, is that your argument?

If those laws are still on the books- it appears they aren't...I know SK's was...
Must not be very hard to buy land in Montana- because at one time the Japanese owned several large ranchs, wheatfarms, and elevators...

Like my partners brother used to say- toughest part of the SK law is finding an honest Canadian to give 51% ownership to..... :wink:

If they are still on the books?, the ones that never were? You're talking in circles man.

And then you bring up dis-honest Canadians in the same post.

:roll: :roll:

P.S Non-citizen (Alien) residents also deserted their homes.

Like Sask., most land ownership laws and regulations are based on residency, not citizenship. Do you see any reasoning behind them now, after watching people desert their homes?

Dis -honest Canadians!!! :lol: :lol: :lol: :lol: :lol:

And this accusation coming from the guy who loves to spin it any way he can!

ot, it doesn't matter how you try to package them, you really should quit trying to sell horse buns as bran muffins!


:lol2: :lol2: :lol2:
 

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