Tag: real estate foreign buyer ban

foreign buyer ban on pre construction condos

13 Jan

Can a foreign buyer enter into a purchase for a Pre-Construction Condo that closes after the 2-year ban?

The simple answer, is no. Although not exactly clear, the language in the Prohibition on the Purchase of Residential Property by Non-Canadians Act (the "Act"), does...

3 Jan

Foreign Buyer Ban and Anti-House Flipping Laws Implemented in 2023

The Foreign Buyer Ban If you have been trying to buy a house over the last few years, you may feel it's impossible to get one...