To open an FHSA, you must be:
- 18 years or older and no less than the age of majority in the province you reside.
- A Canadian resident.
- A first-time home buyer. In the current or past four years, you did not live in a qualifying home that either:
- You own solely or jointly with a spouse or common-law partner, or
- Your spouse or common-law partner owns solely or jointly.