You are eligible to open a FHSA if you:
- are a first-time home buyer†
- are a resident of Canada
- are between the ages of 18 and 71, and
- have a valid SIN
†Have not lived in a home that was owned by you or your spouse/common-law partner in the calendar year in which you are opening the FHSA or at any time in the preceding four (4) calendar years.