Many Vancouver condo buyers are non Canadian. What are the top reasons for buying real estate in Vancouver as a second home? I found a report by Cinco Dias who reported that the millionaires surveyed for the present edition of the Wealth Report were also asked what the most important factors are that influence their decision to purchase a second home in a particular country. The majority of them, 67%, placed more importance on lifestyle, rather than the possibilities of investment, education or tax incentives.
Where Do the World’s Millionaires Come From?
In the five years property consultants Knight Frank and the City Private Bank have been producing the Wealth Report ( a report on the investment trends of the largest fortunes in the world) London, New York, Beijing, Paris, Shanghai and Singapore are the cities considered by the richest as the most attractive investment destinations, as well as the major centres of economic and political power both now and during the next 10 years. The UK, United States and China remain the most important countries for millionaires.
Why Buy a Second Home in Vancouver?
We fit into the lifestyle category! Offering a waterfront lifestyle as well as recreation in the mountains, excellent schools, world class restaurants, sports, entertainment and a good investment!
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