Buying House on Work Permit

[sagarmallik]

Hi,
Can I buy a house while I am on work permit? Is it true that its not allowed for foreign nationals? What's the requirement?

 

[Naturgrl]

Hi,
Can I buy a house while I am on work permit? Is it true that its not allowed for foreign nationals? What's the requirement?

No, you cannot buy a home.

https://www.cmhc-schl.gc.ca/en/professionals/housing-markets-data-and-research/housing-research/consultations/prohibition-purchase-residential-property-non-canadians-act