"Foreign homebuyers" refers to individuals or investors from another country who purchase real estate properties in a different country than their own. Full definition
If you live in a market that has many foreign homebuyers or professionals with more income than financial sense, buying may not be a good idea. (marginalrevolution.com)
In early August, Clark brought in a problematic and debatably effective foreign homebuyers tax. (broadbentinstitute.ca)
The move followed the introduction of a tax on foreign homebuyers in the Vancouver region last year. (hiva.ca)