NON RESIDENT BUYERS

          There is no restriction in Alberta respecting people from other countries  buying property in Alberta EXCEPT FOR the local areas of Deadman's Flats, Harvie Heights and Exshaw.  In these areas, you must be a resident of Canada.  Click Here to read more about this issue.

          There is no issue when buying in Canmore or Banff.

          If you are a Non Resident Buyer AND you are deriving revenues from the property, then you will have annual reporting requirements to the Canada Revenue Agency.

          I will have more to say on this later, however I would highly recommend you contact a Canadian Accountant to provide you with advice on your obligations.

"Residents" who already own the area!!