Legal Question in Real Estate Law in California

Re: question

There are no restrictions on a Canadian citizen buying property in California. Just complete the CAR form like you would for any other buyer. There may be tax issues and withholding requirements when your client later goes to sell the property, but it won't affect his ownership of the property.

I had a foreign client who did not want to establish residency in the U.S., so we formed a California corporation to own the property. That may be desirable depending on your client's tax status, but is not required. Holding the property in a California entity will make it easier when it comes time to sell it.

Re: question

Absolutely...the Palm Springs area has been inundated with Canadian buyers taking advantage of our lessened property prices and the favorable exchange rate.