Moving to PEI? Whether you are moving to PEI from another Canadian province or immigrating to PEI from anywhere in the world you will need assistance in many aspects of your move. As a Realtor I can help not only with your housing needs; but I can also help you find all the resources to aid in a smooth relocation. Finding Real Estate in PEI Most real estate transactions in PEI are handled by Realtors who are members of the Canadian Real Estate Association. As a Realtor I have access to all property that is listed on the Multiple Listing Service (MLS). This makes the process of finding a home for you very simple. You work with just one Realtor and I can show you any of the hundreds of homes on MLS whether they are listed with my company or any other real estate company. If you are considering moving to PEI I can set up a listing search for you before your arrival. This will allow you to view all the available properties that fit your criteria. I will set up a web page which contains listings specific to you. You can view, save, or decline the listings. You can also add other MLS listings to the page if you like so that you have all the information in one place. When new properties are added to the MLS system they will be added to your page if they fit your criteria. It is by far the best way to search for a home. Check out this sample search page. Before you arrive you can create a short list of homes. I can arrange to show you the homes on your short list as soon as you are ready to start your home search. Please use the contact form at the bottom of this page to send me as much information as you can about your circumstances and what you are looking for in a property. If you would prefer to send me an email directly my email address is glen.mcquaid@century21.ca . I may contact you by email for futher particulars if needed. Purchasing Real Estate in PEI Real estate purchases in PEI are subject to a Land Transfer Tax of 1% of the purchase price. The only exception to this tax would be if you have never owned a home before and the house you purchase is less than $200,000. Most house or property purchases are not subject the 5% goods and services tax (GST); however new construction and property being sold by businesses are often subject to the tax. It is important to know before you put in an offer. There are restrictions in PEI on land ownership by non residents. A non resident may purchase up to 5 acres of land or up to 165 ft. of shore frontage without special approval. Purchases over this amount would have to be approved by the Island Regulatory and Appeals Commission. The above limits are for each purchaser. For example if there are two non resident people such as a husband and wife purchasing the property they could purchase up to 10 acres or up to 330 ft. of shore front without special approval. Non residents can purchase more than these limits ; however they would have to go through the process of seeking approval. There is a fee for the process and usually would require a lawyer to file for you. You can find information on the commission's website at http://www.irac.pe.ca/ . Immigrating To PEI There are many resources available on the internet to help with your move to PEI. The provincial government website has a great deal of information for newcomers to PEI. You can view and print a Newcomers Guide which is very helpful for immigrants to PEI. The Canadian Government also has a very helpful immigration site. This link will take you to a newcomers guide to purchasing a home in Canada. It is available in several languages. |