Investing at large scale in Canada - Questions on Business Type

2 Replies

Hello everyone, 

I am Canadian, residing outside Canada and willing to invest in the Canadian market (probably Quebec to start with) with my partners. Our aim is long-term, large-scale investment, big portfolio in real estate investment, development, and management. We would like to have an effective organization, paying less down payments, less taxes, legally.

Does anyone have any advice/recommendation on the selection of business element (type) from the below list?





Any advice on strategies and how to correctly start?

Many thanks

Claude

Hi Claude,

I would highly recommend you consult with a lawyer and/or CPA in Quebec before making this decision as this will have a major impact on taxation and legal implications. There isn't a one size fit all answer. It all depends on your goals, personal circumstances and preferences. 

Patrick

Originally posted by @Claude Fashka :

Hello everyone, 

I am Canadian, residing outside Canada and willing to invest in the Canadian market (probably Quebec to start with) with my partners. Our aim is long-term, large-scale investment, big portfolio in real estate investment, development, and management. We would like to have an effective organization, paying less down payments, less taxes, legally.

Does anyone have any advice/recommendation on the selection of business element (type) from the below list?





Any advice on strategies and how to correctly start?

Many thanks

Claude

The last place I would come to ask this question is BiggerPockets, particularly if you are allegedly starting a large scale investment in Canada.  Spend some money on a local accountant and/or tax attorney, especially one who is versed in foreign investment requirements.