Expo to feature key markets for Canadian investors

by Neil Sharma on 20 May 2021

COVID-19 has put a damper on Canadian snowbirds’ travel habits but that doesn’t mean they won’t soon have the opportunity to travel to warmer locales, and an upcoming virtual expo will showcase some of those places.

On May 26, Buying Your Piece of Paradise Virtual Expo will bring together real estate professionals from the United States and the Caribbean who will showcase investment properties for Canadian investors and share cross-border financing tips, including home insurance and taxes.

“There will be people from different real estate brokerages in the Caribbean, including the Bahamas, and from the U.S. we’ll have representatives from the Sun Belt states,” said Alain Forget, director of business development at RBC Bank, which organized the event. “We have lined up a panel of market experts mainly to represent where Canadians are buying the most.”

Canadians are particularly bullish on Florida, Nevada, Arizona and Southern California, the latter two locations favourites of British Columbia and Alberta investors. RBC’s guests will include reps from key markets, including Orlando, West Palm Beach and Fort Myers, Florida.

“If you look at the area between Arizona and the coast, like San Diego, there are hot destinations for Canadians who are coming from B.C. and Alberta, but it’s higher priced and more expensive real estate there,” said Forget, who added that there are already over 3,000 registrants for Buying Your Piece of Paradise Virtual Expo. “What we’re going to include are some of the resources RBC Bank in the U.S. has built, like cross-border legal tax experts and homeowner insurance. We want to showcase to Canadians the resources they can get through RBC’s network of external trusted partners.”

The expo, which takes place May 26 from 12:30-4:30 (ET), will also feature segments on retirement planning, individual housing markets and purchasing, insurance, taxes, and legal and immigration issues.

Post a Comment

Most Trending News

Montreal is Canada’s leading luxury market: Engel & Völkers

Montreal and Vancouver are expected to remain top destinations for international purchasers of luxury real estate because Canada’s housing supply is constricted it will create tighter market conditions.

Read More
Renovations can double the value of kitchens

Kitchen renovations can increase the value of a home by 4-6%, but it has to be done correctly. Here is what Andrew Hibbs, owner of Edmonton-based Kitch, has to say on the matter.

Read More
Mortgage professionals finding ways around refinance backlog

Good mortgage brokers leverage strong relationships with their lending partners to get their clients’ files moved to the front of the line. Here's what Certified Mortgage Brokers Toronto does.

Read More