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 Act (the "Act") has come into effect as of January 1, 2023 by the Federal Government.
The Act prevents non-Canadian individuals and non-Canadian corporations from purchasing residential property in Canada for two years. The Act can be found here <> .
- Non-Canadian: An individual who is not a Canadian citizen, permanent resident, or a person registered as an Indian under the Indian Act. This also includes corporations that are not incorporated under the laws of Canada or a province within Canada.

- Residential property: A detached house, semi-detached house, rowhouse unit, townhouses, or a residential condominium unit located within the census metropolitan area (having 100,000 with 50,000 people living in the core) or a census agglomeration (having 10,000 people). Further information can be found on Statistics Canada Map <>. This Act specifically refers to residential properties. Recreational properties are not included.
Exemptions: Although the legislation primarily targets non-Canadians, there are some exceptions: 1. Temporary residents such as students and workers, foreign workers; 2. Refugees; 3. Individuals purchasing a residential property with an eligible spouse or common-law partner are exempt from the Act.


Tony Slavin

Cell: 905-767-0101
Office: (877) 721 1144
Toll Free: 1-888-430-9819
Email :

What People Say About Us


Greater Toronto Area, Oshawa, Ontario, L1H 3M3, Canada

Hello, there! We’ll be glad to hear from you. Send us your thoughts.

© All Rights Reserved. Powered by AllAboutWebServices.Com.

Disclaimer: MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.