It's easy to purchase property in Canada. Just don't expect to visit it any time you want. My wife and I purchase a 400M home in Ontario that we liked. We researched the rules and found we would be considered "Seasonal Residents".
How we tried to find out what rights we would have. YOU HAVE NONE!!. There is no source to find out how long you are allowed to stay each year. You will get the answer of 6 months on internet answer sites but no where on Canadian Immigration sites. There are well defined custom rules for Seasonal Residents but none for length of stay. We tried to talk to Immigration about this and you can't. You will find this hard to believe but they will not talk to you only refer you to there web site that has no information. The only place you can talk to Immigration is at the border entry. There they can't tell you any place that you can find where the Canadian Gov spelled out these rules. One day crossing the border at the Peace Bridge we were asked to prove we were not living in Canada. After showing them proof of ownership and utility bills from our home in the US we were asked to leave the Country with no answer if we could ever return. We were treated like criminals. You are entirely at the mercy of the agent at the border, if he had a bad day you are screwed. I would advise against buying a home in Canada.
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Yes, provided that they have enough income and do are not a burden on the health system. Canada has many US retirees.
Yes. The length of time you may remain in Canada is based on immigration law, but US citizens can buy or rent property in Canada.
No, they're different. There's a US passport and a Canadian passport.
YES
A US citizen living (or dying) anywhere in the world owes the same US taxes as any other US citizen.
starting in 2008, YES we need passports to get into Canada
If you are a US citizen, and you find yourself outside of the US, you'll need your passport to return home. So wherever you are going on a flight originating in Canada, you should have your US passport with you.