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Nova
Scotia - Cheap Living and Retirement in Canada's Hidden Paradise
A beautiful
and inexpensive place in North America where oceanfront and lakeside
lots can be had for as little as $10,000 (or a charming 3-bedroom home
on several acres can be yours for under $50,000). Sound like a dream?
It's not. This slice of Heaven does exist. Nestled in the North Atlantic
on Canada's east coast, Nova Scotia is a little-known paradise steeped
in Scottish, Irish and English history. For the potential expatriate
or retiree, Nova Scotia has a lot to offer...cheap real estate, a low
cost of living, unspoiled natural environment, friendly people and lifestyle
opportunities to suit virtually every taste. Coastal property prices
are among the lowest in North America and with the local government
rolling out the red carpet to newcomers, it has the potential to become
North America’s next great retirement haven.
Nova Scotia
has long been a favorite escape for savvy Canadians and Europeans, yet
few Americans live or retire in this secretive outpost. Why? Well, perhaps
it's because Nova Scotia isn't a destination you stumble across by accident.
Almost completely surrounded by water, it lies hidden between the Atlantic
Ocean, the Bay of Fundy, the Northumberland Strait, and the Gulf of
St. Lawrence.
Canada’s
second-smallest province (21,425 square miles), Nova Scotia is about
half the size of Pennsylvania with a population of just under 1 million
people. Its craggy 4,600-mile coastline is dotted with quaint fishing
villages, lighthouses and working seaports. Over 3,800 islands lie off
its shores (some are for sale); the largest being Cape Breton, which
is nearly a quarter size of mainland Nova Scotia. Most of Nova Scotia’s
population is concentrated along the coast. The largest city is the
capital, Halifax, in which about 40% of the province’s population lives
(much of the interior is heavily forested and sparsely populated). The
area's most famous part-time residents are Jack Nicholson, Demi Moore,
Paul Simon, Billy Joel, Roger Moore, and Alan Arkin, all of whom have
summer homes here.
Live the
Good Life...stress free Nova Scotia is one of those places that can
seduce you through its sheer natural beauty. The seemingly endless stretches
of picturesque coastline, a lush green countryside, the beautiful colors
of autumn, and the friendliness of its people, make it one of the most
livable places in North America. Nova Scotia has a bit of something
for everyone: old-world European architecture, everything is close to
the water, New England-style charm, great restaurants and leisure opportunities,
and slow-paced towns that haven't changed much since the 19th Century,
where fishing and enjoying the outdoors is a way of life.
The climate
is another plus. Summer temperatures range from the mid 60s to the low
80s, with the winters being much milder (with less snow) that you'd
expect to see north of the border. Like the United States, Canada has
a fully democratic system that respects individual rights and freedoms.
In fact, Canada has some of the strictest personal and financial privacy
laws in the world.
Compared
with many places in the United States, Nova Scotia enjoys a low crime
rate, with incidents of violent being remarkably low. Americans don't
need a visa to spend up to 180 days as a tourist in Canada and non-citizens
may buy property without restrictions.
Live the
good life on less than $25,000 a year. Besides the fact that there's
no such thing as a rat race in Nova Scotia, you can legally enjoy perks
that are forbidden at home (such as being able to smoke genuine Cuban
cigars). Its biggest asset is its cost of living. You’ll pay $12 a month
for cable TV and $28 a month for home telephone service (or use a public
payphone for just 20¢)...you can have fresh lobster, potato salad,
coleslaw, bread, and mouthwatering dessert at a charming local restaurant
for $17, and that includes a good bottle of local wine!
Affordable
Real Estate To give you an example of the costs in U.S. Dollars, here
are some properties on offer right now (late May 2005):
• A beautiful
private 1-acre lakefront lot (only 35 minutes from the capital) for
only $10,500, and a 3/4-acre lot with ocean views: asking price: $14,500
(just an hour from the capital), both perfect places to build your dream
home.
• A 4-bedroom
home overlooking the harbor in a charming private neighborhood for $53,750.
• A 5-acre
lot to build your dream home on in a new development right on the Atlantic
Ocean neat several country clubs for $36,400.
• A newly-renovated
ocean-view 4-bedroom home within walking distance of a golden sand beach
and the local general store (and only a 10-minute drive from one of
Canada's most picturesque historic towns) can be yours for only $105,000.
• A secluded,
yet accessible 340-acre parcel of land that includes a lake on the property
(your own private fishing and hunting reserve). The cost: $101,000.
• A fully-furnished
bachelor apartment in the city for $500 a month, which all utilities,
indoor parking, TV, microwave, bed linens, dishes and eating utensils.
Only a 10-minute walk to the ferry.
These deals
and many more make this little-known place worth investigating. Right
now is the perfect time to get into Nova Scotia on the ground floor,
before the mainstream media lets everyone in on the secret and prices
begin to soar.
For more
information about living, retiring and investing in Nova Scotia, visit:
www.nsliving.info.
Phillip
Townsend is author of Passport to Canada: The Complete Guide to Living
and Retiring in Nova Scotia. His website is http://www.nsliving.info