Announcement
21 Apr 2017
Real estate purchases by non-residents in Ontario are generally subject to a 15% tax.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Apr 2017
Revocation date:
No revocation date
Updated: 21 Apr 2017
FDI: Entry and ownership rule
In force
The Non-Resident Speculation Tax (NRST) is a 15% tax on the purchase or acquisition of an interest in residential property located in the Greater Golden Horseshoe Region – a 32,000 square kil...
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