But Immigration to USA is very difficult, they are not accepting permanent residents, but Canada is.
Maybe I could live in Vancouver and work in WA? How far is it?
Maybe I could live in Vancouver and work in WA? How far is it?
Where to live in Vancouver?
- Thread starter levalencia
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I don't know why you would want to do that. The commute would be a killer. I'm sure you can find a place in Vancouver for the prices you mentioned. With the qualifications you have, employment shouldn't be a problem.
Thank you Juan, I expected to hear that, We have to be positive to make our goals.
By the way, whats the vancouver population?
By the way, whats the vancouver population?
I don't know about some of that CM. My niece lives in North Van. They have an apt. turned condo. It is 950 sq. feet and they paid over 500,000.00 for it. It's okay but it's nothing special.
Last I heard, the Vancouver population was just under 600,000 but Vancouver is surrounded by many bedroom communities so it changes.
About Vancouver
You can easily rent for that.
Wait for a few years. The housing bubble in Vancouver will burst and you'll be able to buy condos for half price.
Don't live on East Hastings or Surrey.
Wait for a few years. The housing bubble in Vancouver will burst and you'll be able to buy condos for half price.
Don't live on East Hastings or Surrey.
Thanks, I think that my migration will be on first months of 2011.
Any idea of what time of the year will be best to rent houses, get easy jobs, etc?
Any idea of what time of the year will be best to rent houses, get easy jobs, etc?
Dream on. Things are changing but not all that much and they will certainly never go to half price. There has always been a housing bubble in Vancouver. It's always been one of the most expensive places to live.
The difference in housing sales in Victoria, BC from April 08 to April 09 was about 20 houses short. Prices were down slightly. Where I live, again, prices are down slightly. My niece is curently preparing to buy a house in Kelowna. Her Dad says, it's run down, it's about 40 yrs. old, tattered carpets etc. etc. and it's over $330,000. Probably not something I would even walk into as far as the housing market goes but I guess everyone has to start somewhere.
That's understandable Chev- it's not a town most sane people would find worth knowing.
IF I want to buy a house, how much money do I need to have initially? In Colombia the banks borrows only 70% I need to have 30% before buying, how does it work there?
I know that buying houses for immigrant its difficult, I have heard that it might take up to 7 years before you can buy a house, but in 7 years there is a lot money I can save with my wife before the banks can borrow me money.
Is there a way to know how much money do we need to earn to buy a house of X amount?
Thanks
I know that buying houses for immigrant its difficult, I have heard that it might take up to 7 years before you can buy a house, but in 7 years there is a lot money I can save with my wife before the banks can borrow me money.
Is there a way to know how much money do we need to earn to buy a house of X amount?
Thanks
My daughters were lucky enough to rent 1/2 of a house in West Vancouver. You can find older farts with extra room that want to help out young people in West Van. They only paid $ 900. / month.
Now that you're giving more information, I would say you'd probably be better establishing yourselves in Kelowna. That's where Silicon Valley North is forming as we speak.
Don't forget in the province of BC, 2/3 rds of the GDP is generated in the rural areas and they don't have a lot of capacity. A computer engineer worth his / her salt in Northern BC cities may become a university instructor.
What would your wife like to do? Has she experience in health care? If she did, that would just about seal it and make rural cities very attractive.
All the Canadian Bank sites have mortgage calculators which will tell you how much you can afford.Royal Bank, Toronto Dominion Bank, The Bank of Nova Scotia, The Canadian Imperial Bank of Commerce, of The Bank of Montreal, take your pick.
Down payment requirements for a government guaranteed mortgage can be as little as 5% down. There are upward limits of value that you can use a government guaranteed mortgage for.
As for a 7 year wait, that would appear a bit harsh. I would think that you would qualify for a mortgage with 2-3 years work history and keeping a couple of credit cards current to establish payment history. Failing that, lease a car, not too expensive as I don't recomend leasing per se, but it will fast track the establishment of your credit history, so get a job and go down and lease a car.
I know this works, I had to do it myself- leased a Chevy van, 3 years later I bought a house, well actually a small holding.
Northboy
Good information for our Colombian member - interesting about Kelowna coming into its own...
I think he should rent for a while until he and his wife get some ideas about where they want to put down their stakes.
Curio
Good information for our Colombian member - interesting about Kelowna coming into its own...
I think he should rent for a while until he and his wife get some ideas about where they want to put down their stakes.
Curio