ARTICLES AND RESOURCES

Read expert articles by Dan Merriam sharing his insights on entrepreneurship, real estate investing, investment migration, and living and investing internationally.

Foreign Buyers Tax, Ontario, Canada, Non Resident, Investing Dan Merriam Foreign Buyers Tax, Ontario, Canada, Non Resident, Investing Dan Merriam

Understanding Non-Resident Speculation Tax in Ontario

Navigating the complexities of the Non-Resident Speculation Tax in Ontario (NRST) also referred to as the Foreign Buyers Tax can seem daunting, especially if you're not a Canadian citizen or permanent resident eyeing a slice of the property market. Since April 21, 2017, the NRST has been a key player in Ontario's real estate landscape, with a hefty 25% tax on residential property purchases by non-residents. This had an immediate impact on the market.

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