foreign invetment tax

foreign investment

A Foreign National may qualify for a rebate : NRST Tax

In 2017, the Ontario Provincial Government implemented a Non-Resident Speculation Tax ("NRST"), for foreign home buyers. Currently, the tax rate is set at 15% on a purchase or acquisition of interest in residential property located in the Greater Golden Horseshoe Region . Under certain circumstances, Foreign Nationals may be eligible for a rebate on the NRST. Generally, NRST is payable by Foreign...

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