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Tag: exemptions non-canadians

Tag: exemptions non-canadians

Foreign National Spousal Exemptions to Purchase Real Estate in Ontario under the Prohibition Act and the Non-Resident Speculation Tax

In Ontario you have 2 things to consider: The prohibition act, which the exemption you can reply on is in section 4(2)(c) "...

Amendments to the foreign buyer ban on purchasing residential real estate in Canada

Earlier in January, 2023 came into effect the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the "Ban").  Almost three months later near the...