The Act and Regulations provide exceptions for those international students who meet all the requirements:
- are enrolled in a program of authorized study at a designated learning institution
- have filed income tax returns for each of the 5 taxation years
- have been physically present in Canada for a minimum of 244 days in each of the 5 calendar years preceding the year in which the purchase was made
- purchase a property for a price not exceeding $500,000
This is not legal advice. Please seek a legal professional or clarification from the Government of Canada.