| |
|
|
The "Need to Reside Clause" in Banff...
Living in banff national park:
Compliance with "eligible resident" requirements.
What constitutes an "eligible resident"?
- an individual whose primary employment is the National Park
- an individual who operates a business in the National Park and whose
presence at the place of business in necessary for the day-to-day operation
of the business
- a retired individual who resides in the National Park and who for
5 consecutive years immediately prior to retirement, was employed primarily
in the National Park
- operated a business in the National Park and whose presence at the
place of business was necessary for the day-to-day operation of the
business
- a retired individual who resided in the National Park at the time
of the individual's retirement and who resided in the National Park
on July 30, 1981
- an individual who is a student in full time attendance at an educational
institution that is located within the National Park and registered
under the Income Tax Act or applicable provincial legislation relating
to education.
- An individual who is a lessee of public lands in the National Park
and who was the lessee of those public lands prior to May 19, 1911,
or
- is a descendant, by blood or adoption, of an individual who was the
lessee of those public lands prior to May 19, 1911 the spouse or a dependant
of an individual referred to paragraphs #1-#6
- A lessee who has been granted a lease of public lands…shall,
on the request of the Minister, provide to the Minister evidence, by
way of affidavit or solemn declaration, that each occupant of the leased
public lands is an eligible resident.
- For the purposes of the definition "eligible resident",
"business" means a business that is licensed under the National
Parks Business Regulations or under a by-law passed by the Corporation
of the Town of Banff.
Can I buy property in the National Park, even if I do not meet
the "eligible resident" requirement?
The answer is "yes"- however the property must then be occupied
by a renter, who meets the "eligible resident" requirements.
In other words, the restrictions apply not to the ownership of property
in the National Park, but the occupancy of it.
Could I buy a property for "vacation purposes" only-use
it myself or friends from time to time throughout the year, and leave
it vacant when not in use?
The answer is "no" to this, as "vacation" does not
constitute "eligible residency"
Do these restrictions apply to properties in Canmore, Harvie
Heights or Exshaw and Lac Des Arc as well?
Not at all. The above-mentioned restrictions apply only to the National
Park and these communities are located outside of it.

(Jessica Stoner of RE/MAX
Alpine Realty is a licensed agent in Alberta and represents
International clients purchasing real estate in Canmore)

|
|