Our Legal partner, Wolf von Teichman, has over 40 years experience in Asset Management for foreign owners of Canadian real estate. Together with our legal associates, Tom Sheppard and Chris Anderson, Montik seeks to provide access to the best legal professionals in the Canadian real estate industry, and non resident tax law.
Our accounting team prepares quarterly receipts and disbursements reports, and manages all annual returns and tax filings for non residents, including NR 4 and NR 6 non resident filings.
As Owners of both foreign and domestic real-estate portfolios, we understand the difficulties of international real estate ownership, and seek to provide local representation. With a constant focus on our clients interests and investment goals, Montik seeks to deliver the best long term market returns and hassle free ownership, for non resident real estate owners.
Acting as our clients eyes and ears in Canada, and doing so as owners ourselves, allows our clients peace of mind that their interests in Canada are being watched at all times.
With cumulative experience of 130 years of managing Canadian real estate for European clients, our Asset Management Plans include monthly withholding tax remittance and filling, Acting as an agent for nonresident NR6 and NR4 filings, as well as Section 116 deemed dispositions and sales of property assets.
Having resident representation provides tax benefits for foreign owners. Montik ensures your Canadian tax account is up to date and all required paperwork complete for our clients domestic tax returns, and allows for NR payments to filed on Net Income instead of Gross Income.
From Medical Centers to Luxury Retail, and Residential to Suburban Office, Montik has completed, or is currently planning, projects ranging from a few thousand sqf to over 250,000.
Montik specializes in concept creation, through Site Plan approval to unlock unrealized value, on a schedule that meets your investment goals.
Taking the guesswork out of international acquisitions, Montik offers off market solicitation for location specific investments in Canada, or we partner with a network of brokers in commercial, industrial and retail to search, contract, conduct due diligence and close for owners not able to travel to Canada, or wishing local legal and tax representation.
After consultation with our clients, and working with your domestic personal and tax lawyers, we assist our clients in planning the most tax advantageous transfer or sale of their properties. Utilizing thoughtful structure and optimal timing to ensure your Canadian Portfolio is planning ahead to take advantage of opportunities within the tax code, that exist in Canada, Europe and China.