New Rules for Foreign Home Buyers in Canada Now In Force: Here's What You Need to Know : vimarsana.com

On December 2, 2022, the Privy Council passed an Order in Council confirming regulations related to the Prohibition on the Purchase of Residential Property by Non-Canadians Act the Act. The Prohibition on the Purchase of Residential Property by Non-Canadians Regulations the Regulation was published on December 21, 2022, in the Canada Gazette. The Regulation will come into force on January 1, 2023, along with the Act.

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