We bought a motorhome in Germany, but the registration and insurance is done on our behalf by the company we bought the car from. The company stores it between visits and does all the paperwork A friend bought his in Germany and had to get a friend to own it on his behalf.
We were both told that aliens can't register and insure a vehicle in Germany and I know the friend looked into it pretty deeply.
For some nationalities - Australian for instance - it is relatively easy to get some sort of permanent residency that would make ownership easier so that might apply to Canadians too
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