CANADAVISA.com Immigration Forum
January 07, 2009, 10:49:01 pm
   Home   Assessment Help Search Login Register RSS  
*
Welcome, Guest. Please login or register.
Did you miss your activation email?

 News
 
Pages: 1   Go Down
  Print  
Author Topic: Buying a house in Toronto  (Read 1682 times)
naharoni
Newbie
*
Posts: 2


« on: March 24, 2008, 04:32:44 pm »

Hi,

I have been in Canada for the last 2.5 years and still waiting for my landed immigrant documents.
Since I've arrived, I paid the Canadian income taxes which were deducted from my pay slip.
I am planning to buy a condo soon and have already contributed twice for the RRSP plan and now would like to withdraw the money towards my down payment with no tax deduction.

However, I noticed that in order to take advantage of the HBP (Home Buyer Plan) benefit, I need to be a resident in Canada. Is that correct?
Is the fact that I am paying taxes and contributing to the RRSP enough to make me eligible for using this benefit?

Thanks, Naama
Logged
SubatomicBionicNanoMan
Sr. Member
****
Posts: 96


« Reply #1 on: March 24, 2008, 06:51:36 pm »

Isn't the Permanent Resident Card enough? What other landing documents do you need to purchase a home?
Logged
naharoni
Newbie
*
Posts: 2


« Reply #2 on: March 24, 2008, 09:36:43 pm »

I forgot to mention that I am here on a working visa status
Logged
brianna143
Newbie
*
Posts: 5


« Reply #3 on: June 01, 2008, 06:43:01 am »

Hi,

I have been in Canada for the last 2.5 years and still waiting for my landed immigrant documents.
Since I've arrived, I paid the Canadian income taxes which were deducted from my pay slip.
I am planning to buy a condo soon and have already contributed twice for the RRSP plan and now would like to withdraw the money towards my down payment with no tax deduction.

However, I noticed that in order to take advantage of the HBP (Home Buyer Plan) benefit, I need to be a resident in Canada. Is that correct?
Is the fact that I am paying taxes and contributing to the RRSP enough to make me eligible for using this benefit?

Thanks, Naama


How is it? Do you have an answer already?
Logged
gtadreamhouse
Newbie
*
Posts: 2


« Reply #4 on: November 13, 2008, 12:00:04 am »

If anyone need help about real estate market as per which area is hot and which is not in GTA.

Call me for free even for 2nd opinion. I can give you an honest answer.

Team GTAdreamhouse.com

www.gtadreamhouse.com
(Omni stop for Mortgage, Investment and Real Estate Solution)
Logged
angelinadavid84
Newbie
*
Posts: 8


« Reply #5 on: December 30, 2008, 07:21:48 am »

Can you tell me its easy to buy a house in Toronto... and how about the prices....

« Last Edit: December 30, 2008, 07:23:19 am by angelinadavid84 » Logged

Pages: 1   Go Up
  Print  
 
Jump to:  

Powered by SMF 1.1.1 | SMF © 2006, Simple Machines LLC