While typically Canadian’s don’t refer to our ski areas as “fields” – we do have a lot of Australian investors that are buying up property in Canadian ski resorts.
What makes Sun Peaks real estate such an attractive opportunity for Australian Investors?
Our proximity of the resort homes to the central village and the ability to spend the day on the ski slopes – allowing homeowners ski-in, ski-out access is one of the many reasons we see Australian’s continuing to purchase property in Sun Peaks. Three mountains with 4,270 acres of skiable terrain, the Sun Peaks ski fields offer 12 lifts and 135 trails with 16 gladed areas. Over 37 km of groomed and track set Nordic trails and over 2,000 hours of sunshine annually make Sun Peaks a seasonal home to many Australian Investors coming from down under.
Increasing numbers of Australians are choosing Sun Peaks as the location for their second home, attracted by its spectacular scenery and laid-back lifestyle. Easier travel and increasing coverage by low-cost airlines are also considerations.
Canada has few restrictions on foreign ownership of real estate, and what limits do exist are at the provincial level. Australian Investors who plan on spending less than six months a year in Canada can keep a home here without having to apply for residency. Those who buy a property and plan on living in it longer than that have to immigrate to the country and apply for permanent residency.