Real Estate

Prohibition on the Purchase of Residential Property by Non-Canadians

The Prohibition As of January 1, 2023, the Federal Government of Canada (the “Government”) has made it harder for Foreign Nationals to purchase residential property (the “Prohibition”). The Prohibition specifically restricts non-Canadians from acquiring an interest in residential property, directly or indirectly. The Act defines a non-Canadian as “an individual Read more

By Sevgi Kuruoglu, ago
Guide to Buying and Selling Property

Guide to Buying and Selling Property

Introduction Buying or selling property is a significant financial decision with long-lasting implications. It’s crucial to arm yourself with the right information to protect your interests and ensure a favorable outcome for you and your family. This guide consolidates and paraphrases essential information on buying and selling homes, focusing on Read more

By Dr. Samin Mortazavi, ago