Russian VersionForest Lakes Country Club, Nova Scotia, Canada
Frequently Asked Questions
When was the land in Nova Scotia, Canada purchased?
What is the current zoning (classification) of the land?
What is the expected capital gain?
When was the land in Nova Scotia, Canada purchased?
The land in Nova Scotia, Canada was purchased in 2007. Terra Firma, the development company had exercised extensive due diligence and optioned several potential sites in the Halifax area before deciding that the 1000+ acre site had the greatest possibility for changing the zoning and achieving planning permission to develop Forest Lakes Country Club.
What is the current zoning (classification) of the land?
Currently the site is undeveloped. The land was rezoned in June 2008 to permit a 'Resort Development' with many amenities including an 18-hole golf course, luxury boutique hotel, international conference centre plus a broad mix of residential housing on a variety of plot sizes and complimentary commercial outlets.
This rezoning provides the foundation for Terra Firma to submit a Resort Community Master Plan.
How do I buy?
Simply contact us and we'll take you through the purchase process. Please note that this offer is not available for US and Canadian tax residents.
Click here to enquire or request a call back.
What about taxes and fees?
The price of the land includes all taxes and fees.
What is the expected capital gain?
The development company confidently predicts that the securing of planning permission should increase the value of the land by up to 100-150%. This prediction is based on competitor analysis with similar recreational style developments in Atlantic Canada. Click here for our Competitor Comparison Table.
This gain is dependent on the initial price paid for the land by each investor. As with all speculative investment, the earlier the participation, the higher the returns.
What is the exit strategy?
There are multiple ways to exit the investment starting from year 2010 or soon afterwards. For more details, please click here to contact us or request a call back.
What about SIPPs?
If you are a UK resident, you can place this investment in a SIPP thus avoiding all UK Capital Gains Tax. Click here for more information on SIPPs
Population:
33,390,141 (July 2007 est)
Area (mk²):
9,984,670
Capital:
Ottawa
Languages:
English (official), French (official) and 17.5% other Religion: 42.6% Roman Catholic, 23.3% Protestant
Currency:
Canadian Dollar (CAD)
CAD 1 = £ 0.48 = 0.67 €
Dialing Code:
+1
High Season:
Peak tourist season June - September, although year-round appeal due to the outdoors lifestyle including superb skiing
CANADA FACTS
According to the 2006 report from the Institute for Public Policy Research (IPPR), almost one in ten Britons now live abroad and there are currently 600,000 expats living in Canada. It sits at number four in the top ten countries where Brits live - beaten only by USA, Spain and number one - Australia. With Canada ranking in sixth spot in the Human Development Index of well-being based on health, education and standard of living, whilst the UK cowers in 18th expats and holidaymakers alike can be sure of a superb quality of life in this Commonwealth nation
