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20.07.26 - 14:00
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Chinese immigrants emerge as pivotal players in Canada′s property market amid foreign ban (SCMP)
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Mainland Chinese immigrants were estimated to have bought as much as C$5.7 billion (US$4 billion) worth of homes in Canada last year, making them a key group of non-local investors propping up the residential property market, according to one estimate.
Ottawa barred most foreigners from purchasing homes in 2023 to cool soaring prices, initially imposing the restriction for two years before extending it until 2027.
The ban, however, exempted students, foreign workers and permanent residents.
“A......
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31.05.26 - 03:36
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Spain′s property market sees boost as Hongkongers, others, depart the UK and Canada (SCMP)
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Hong Kong families in the United Kingdom and Canada are facing deep uncertainty due to shifting immigration policies and the rising cost of living, and some are looking for alternative destinations to settle.
Property agents said Spain's Non-Lucrative Visa (NLV), designed for retirees and anyone who can support themselves without employment, had become one of their top choices.
The NLV provides a pathway for citizens outside the European Union and the European Economic Area who have enough......
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