Canadian Home Owners May Get to Extend their U.S. Stay
Posted by Team Donovan on
Canadians who own or lease a home may get to stay in the U.S. longer if a new federal bill becomes law. Under the “Canadian Snowbird Visa Act,” Canadians who meet certain criteria would be allowed to extend their stay an extra two months. Â
U.S. Rep. Ted Deutch of Florida, one of the bill’s sponsors, said the bipartisan measure would be good for business because Canadians who visit the Sunshine State add about $4.5 billion annually to Florida’s economy.   Â
"If our chilly neighbors to the north want to spend more time on our warm Florida beaches, we should welcome them with open arms." Deutch said in an interview for South Florida’s Sun Sentinel newspaper.Â
More international visitors come to Florida from Canada than from any other nation,…

When it comes to buying vacation homes in Orlando, there is a wide variety of properties and communities from which to choose. If you’re purchasing a home as an investment to rent out to holiday travelers, you might consider one of the resort communities such as Homestead at Reunion Resort.Â
Orlando is a popular area for real estate investors who want rental income because it’s one of the top U.S. tourist destinations and the theme park capital of the world, thanks to Walt Disney World, Universal Orlando, and Sea World. More and more holiday travelers are opting to rent vacation homes instead of staying in hotels because they are less expensive, and you often get just as good, if not better, amenities.Â
Orlando is a popular area for vacation home rentals since millions of tourists come here every year to visit attractions like Walt Disney World® and Universal Studios Florida®. If you plan to purchase a home to use as a vacation rental, you need to know how to price that property to attract guests. Price it too high, and you’ll lose business to the competition in the area. Price it too low and you may not be able to make a profit. Plus, you risk attracting people who may abuse your property as a cheap rental.
Imagine spending your next holiday in a luxury apartment within walking distance of Walt Disney World™. You don’t have to imagine when you purchase a vacation home in Lake Buena Vista. This Orlando area community is the perfect location for those who want to own a second home or are looking for investment property.Â