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Understanding Canada’s Ban on Foreign Property Investors: What You Should Know

Understanding Canada’s Ban on Foreign Property Investors: What You Should Know

Understanding Canada’s Ban on Foreign Property Investors: What You Should Know

Since January 2023, Canada has implemented a two-year ban on foreigners buying non-leisure residential properties, making it the most restrictive developed country for foreign buyers.  The ban was implemented to address the housing shortage and high prices due to the influx of overseas buyers and immigrants into Canada.   What is the Prohibition on the Purchase…

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