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What are the advantages of buying a house in Canada? What are the requirements for buying a house in Canada?
There are many advantages to buying a house and investing in Canada. Canada is a traditional developed country with the highest natural resources reserves in the world. At the same time, a large number of overseas students and immigrants from all over the world promote the development of the Canadian real estate market every year. Vancouver and Toronto, Canada's big cities, not only keep the annual property appreciation rate at 5%- 10%, but also have high and stable rental returns. Canada has a perfect welfare system; Canada has a low crime rate, a sound legal system, guaranteed personal freedom and property safety, and stable social order. Non-Canadian residents can also borrow money to buy a house in Canada (the current mortgage interest rate is between 2.5 and 4%), but banks generally require non-Canadian residents to pay more than 35% down payment.
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