Home Buyers Plan Non Resident (2024)

Even if you are a non-resident now, you might plan to return to Canada. To use the HBP upon your return, you must qualify as a "first-time buyer." This means that in the four-year period before your withdrawal, you did not occupy a home that you or your current spouse/common-law partner owned. Your time spent abroad as a non-resident counts toward this four-year window. Summary of Risks

To participate in the HBP, you must meet specific residency requirements at two critical stages: home buyers plan non resident

You must be a resident of Canada.

You must remain a resident of Canada until the home is bought or built. Even if you are a non-resident now, you