More Americans Search for Canadian Properties

Properties in CanadaDonald Trump’s successful bid for the White House signaled a modern-day exodus: people who oppose the president want to leave the U.S. by relocating to Canada.

A report showed that the number of Americans looking for properties in the neighboring country rose 329% on Nov. 9, 2016, a day after a majority of voters elected Trump. The data used online traffic as a basis for determining the year-over-year increase.

Property searches increased 210.1% a week after the elections compared to the same period in 2015, according to the report.

Moving Out

Royal LePage, which issued the report, said that inquiring about Canadian properties is relatively easy. It is the actual plan of moving out that makes it difficult, according to Royal LePage CEO Phil Soper. By planning to relocate to Canada, it opens a lot of questions such as how much a person is willing to spend to realize their plan.

Even if money will not be a problem, Soper said that those planning to exit the U.S. will still face difficulty due to Canada’s strict immigration laws.

Popular Areas

Ontario, British Columbia and Quebec are the three most popular choices among Americans that searched properties. If you are one of many people that want to live there, some companies that have experience in turnkey real estate investing can help you.

Turnkey properties are a type of real estate built specifically for sale to buyers. There are some, however, that rent out turnkey homes. This is a good option if you are not planning to live permanently in Canada.

Conclusion

While it remains to be seen whether or not people will follow through on their plan to transfer to Canada, it is wise to think carefully since it is a life-changing decision, which will involve a significant amount of money, energy and time.

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