Your Canadian Path to Property Abroad

Yes. Canadians can legally own property in Mexico, the Dominican Republic, Costa Rica, Panama, Belize, Colombia, Ecuador, Puerto Rico, and most Caribbean nations. The ownership structures vary by country — Mexico uses a fideicomiso (bank trust) for coastal properties, while the DR and Costa Rica allow direct freehold title. Panama and Ecuador use USD economies with straightforward ownership.

Yes. If the total cost base of your foreign property exceeds CAD $100,000, you must file a T1135 Foreign Income Verification Statement annually with your CRA tax return. Failure to file results in penalties of $25/day up to $2,500/year. We provide guidance on Canadian tax obligations as part of our buyer support.

Yes. Using a Home Equity Line of Credit (HELOC) is the most common financing method for Canadians buying abroad. It allows you to leverage equity in your Canadian home without needing a foreign mortgage. Interest may be deductible depending on how the funds are used — consult a Canadian accountant familiar with foreign property.

A fideicomiso is a Mexican bank trust in which a licensed Mexican bank holds the title to your property on your behalf. You have all the rights of a property owner: to use, rent, sell, or pass it to heirs. It has been used safely by tens of thousands of foreign buyers since the 1970s. Major Mexican banks (HSBC, Banamex, Banorte) serve as trustees.

Fill out our buyer matching form with your destination, budget, timeline, and goals. A member of our team reviews your submission and reaches out within one business day. We then introduce you to a vetted local agent who specializes in working with Canadian buyers in your chosen market.