Who qualifies as a first-time home buyer?
You are consider a first-time homw buyer if you are a resident of Canada, and you have not occupied a home you (or your spouse or common-law partner) owned as a principal place of residence during the last four full calendar years.
Can I participate in the HBP more than once?
Since 1999, you have been allowed to participate in the HBP more than once. Any amounts you received previously under the HBP must have been repaid before the beginning of the year of re-participation. In addition, you must still qualify as a first-time home buyer, as described above.
You are consider a first-time homw buyer if you are a resident of Canada, and you have not occupied a home you (or your spouse or common-law partner) owned as a principal place of residence during the last four full calendar years.
Can I participate in the HBP more than once?
Since 1999, you have been allowed to participate in the HBP more than once. Any amounts you received previously under the HBP must have been repaid before the beginning of the year of re-participation. In addition, you must still qualify as a first-time home buyer, as described above.