Posts By: Balaji Katlai

Non-Resident Speculation Tax

Non-Resident Speculation Tax: What Does it Mean For You?

Posted on 2018 Feb 06 by

On April 21, 2017, the Ontario government introduced a new Foreign Home Buyer Tax – otherwise known as the Non-Resident Speculation Tax (“NRST”). This tax measure is intended to limit speculative real estate investment from foreign buyers and is currently restricted to real estate within the Greater Golden Horseshoe region. Why is the government trying…

Read more »