Foreign Investment Policies & Procedures

Foreign Investment Opportunities

The Central Okanagan has one of the brightest futures for growth in British Columbia and Kelowna has the most favorable environment to attract foreign investors. The city is expanding fast and serves a 450,000 trading area. That makes buying Kelowna real estate, or finding investment opportunities an exciting prospect in a robust, stable economy, according to economic development experts.

Okanagan real estate has brought stellar investment returns for several years. And the concentration of manufacturing, high tech and health care sector infrastructure development is attracting a wide spectrum of new businesses for investments. It is creating a variety of housing options for buying in the Kelowna real estate market.

Foreign Investors take notice. Kelowna has been identified as the least costly place to conduct business in the Pacific Region of North America, according to a KPMG study of 121 cities in 11 countries

Business Profile

Kelowna's business outlook is strong and diverse. High inflows of inter-provincial migration have seen the area population double in the last 25 years and that is continuing to provide a steady labor market. This growth provides ready investment opportunities, particularly for astute foreign investors who recognize the attractive potentials of Okanagan real estate.

The Central Okanagan has about 10,000 firms, about one-third occupied in the service industry. An emerging wine industry with incorporated real estate development, vibrant tourism and agriculture, high tech and health care are all hot prospects for investment and plenty of assistance resources are available.

Take the Next Step

Canada is one of the world's most open economies. Foreign investment is welcomed and encouraged with few restrictions. Acquisitions are generally not reviewable unless the asset values of the Canadian business exceed very high thresholds. Complete guidelines for foreign investors are available. When it comes to buying Kelowna real estate you have already found the best resource in the Okanagan real estate market right here!

Sources

• Invest British Columbia provides a comprehensive detail on doing business in B.C.
  
• Strategis is a federal government site designed as a gateway to a wide selection of resources on foreign investment and other subjects.
  
• Economic Development Commission of the Central Okanagan is your first stop for assessing Kelowna investment opportunities.
  
• The City of Kelowna offers links to community facts and resources.
  
• B.C. Statistics to help you focus your investment search.
  
• Canadian Economy Search Directory offers economic forecasts and analysis.