3 ms·
"The foreign ban is only for high density areas." Is this correct ? Under these new laws a foreigner can still purchase farm, or ranch land or, for instance,
by rsync 4y ago
"The foreign ban is only for high density areas."
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 ...
- papercrane 4y agoThere'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/ensuring-housing-owned-canadians https://www.cmhc-schl.gc.ca/en/media-newsroom/notices/2022/e...