Are non-Canadians banned from buying a property in Canada? The short answer is yes and no, but read more about who can buy and where. It may be that your plans are completely unaffected.
Currently, you can be a remote worker in Canada on a visitor visa. But the Canadian government have plans to make the country an even more attractive place for digital nomads. And if you work in tech, they are particularly keen to have you.
We look at the exchange rate for British pounds to Canadian dollars and evaluate if now if a good time to lock it in for your property purchase. Plus, a property market update on Toronto and Vancouver.
On January 1st, Canada’s partial ban on foreign buyers purchasing property came into an effect. On March 27th, significant amendments were made to the prohibition. Fortunately, these changes make it easier for you to become a homeowner in Canada. Work permit holders and property developers – find out the good news.
