What conditions do China people need to buy a house in Canada? ...

Aker's career

1. A China citizen who has a permanent residence, permanent residence or valid residence certificate at the place where the loan bank is located, is under 65 years of age (inclusive) and has full capacity for civil conduct.

2. Have a proper occupation and stable income, have the ability to repay the loan principal and interest on schedule, have a good credit record and repayment willingness, and have no bad credit record.

3. When China people borrow money to buy a house in Canada, the bank will require lawyers to indicate the user's tax terms when registering property rights, that is, when buying a house, if the borrower still has a non-resident status, it is necessary to keep part of the house payment until the tax declaration for the sale is completed, and then decide how to dispose of the house payment.

4. Users can provide legal, effective and reliable guarantees recognized by banks, and they need to open a bank account in Canada and do a good job in the management and arrangement of Canadian bank accounts.

5. There can be a clear loan purpose, and the loan purpose is in line with relevant regulations.

6. Other conditions stipulated by the bank.