Re:Canada bans most foreigners from buying homes
by papercrane on Monday January 02, 2023 @08:49PM
(#34226513)
There's an exception for "any residential property found outside of a Census Metropolitan Area or Census Agglomeration as identified in Statistics Canada’s Standard Geographical Classification 2021."
I've not looked at a map to see how much area that covers, but it sounds like foreign buyers could still purchase rural properties.
https://www.cmhc-schl.gc.ca/en/media-newsroom/notices/2022/e...
Is this correct ?
Under these new laws a foreigner can still purchase farm, or ranch land or, for instance, a ski chalet in Golden ?
Asking for a friend ...