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Acquisition of Real Estate by Non-Canadians

Summary by tremblantexpress.com
Since January 2023, non-Canadians have been prohibited from acquiring residential real property in Canada. Whether it is a single-family building, a triplex or a condominium, the Act provides for a penalty for offenders and third parties who have assisted them, who are liable to a fine of up to $10,000. However, there are several exceptions that allow non-Canadians to acquire residential real property in Canada.
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tremblantexpress.comtremblantexpress.com

Acquisition of Real Estate by Non-Canadians

Since January 2023, non-Canadians have been prohibited from acquiring residential real property in Canada. Whether it is a single-family building, a triplex or a condominium, the Act provides for a penalty for offenders and third parties who have assisted them, who are liable to a fine of up to $10,000. However, there are several exceptions that allow non-Canadians to acquire residential real property in Canada.

·Mont-Tremblant, Canada
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tremblantexpress.com broke the news in Mont-Tremblant, Canada on Tuesday, September 16, 2025.
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