Can new immigrants buy a house in Canada?

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Can new immigrants buy a house in Canada?

Rounding it up

  • New immigrants can buy a house in Canada without restriction.

  • Many banks offer special mortgage programs for newcomers.

  • You will need to pay a downpayment of 5 to 35% to qualify for financing.

  • The Canadian home buying process is complex, so hiring a realtor is recommended.

9 min read

Gaby Pilson
#home ownership#mortgage#newcomer#home

Gaby Pilson

Gaby Pilson is a writer, educator, travel guide, and lover of all things personal finance. She’s passionate about helping people feel empowered to take control of their financial lives by making investing, budgeting, and money-saving resources accessible to everyone.

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