Canada's Foreign Buyer Ban | KT CONFIDENTIAL EP209 | The Real Estate Podcast

Non-Canadians will be prohibited from buying real estate across Canada for two years starting January 1st 2023. Adrian and Ariel talk about the Foreign Buyer Ban and share their opinions on the effect on the housing market, the exceptions, and more in today's episode.

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0:20 – Intro
0:41 – Foreign Buyer Ban begins on January 1st, 2023
2:10 – Exceptions to the Foreign Buyer Ban
5:40– Increased taxes on home sellers
9:57 – Foreign buyers mostly buy in major cities
15:08 – Recap/Outro

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After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.