Did last week’s election results leave you proclaiming, “I’m moving to Canada,” to anyone who’d listen? Put your money where your mouth is, and a local startup will put money back into your pocket.
Navut, a real estate tech startup and Techstars Boston alumnus, is stepping up to help Americans move to Canada. It’s offering financial incentives, as well as immigration guidance, to U.S. citizens who buy homes in Canada within the next 12 months.
The venture told us it’s giving 50 percent of its commission to Americans who buy property in Canada through its online service. So if you’re planning on joining our neighbors to the north, Navut will give you up to $20,000 back on your real estate purchase.
Marcos Carvalho, co-founder and chief revenue officer of Navut, told us, “We know immigration is important and key for economic growth… For Navut, there’s no better way to support immigrants coming from America and the Canadian economy itself than helping financially.”
The venture, which was founded in Quebec, Canada, lets people find property that fits their lifestyles when they’re relocating to a new city. Although it has since moved its headquarters to Boston, it still has an office up in Quebec and provides services in 10 cities throughout Canada. And it's hoping this foothold north of the border will allow it to help Americans looking to leave the U.S.
We have partnerships with top immigration lawyers in Canada.
“We have partnerships with top immigration lawyers in Canada, so we can refer Americans to them to help with the immigration process,” Carvalho said.
Navut noticed an uptick in organic traffic in the wake of Donald Trump's presidential win, with U.S. citizens contacting them for help. So the venture decided to do something about it and it's already generated five deals as a result of its offering.
“We crunched the numbers and found we can still generate revenue while supporting immigrants who will contribute to society and support Canadian industry,” Carvalho said. “It’s beneficial for everyone… It’s a great marketing tool but it’s also a cause we believe in. We wanted to have an impact somehow.”
