How To Avoid Foreign Buyer Tax Ontario?

How To Avoid Foreign Buyer Tax Ontario?

Foreign buyer tax Ontario, also called the non-resident speculation tax (NRST), is a provincial charge that applies to foreign nationals. Along with the land transfer tax (LTT), it can significantly increase your total house closing costs. This may make you wonder if...
How To Avoid Land Transfer Tax Ontario?

How To Avoid Land Transfer Tax Ontario?

Land transfer tax (LTT) is a house closing expense that a buyer has to face when registering a new property in Ontario. It is legally mandatory to pay this tax, but there are ways to reduce its value or avoid paying it in some cases. If you’re already overwhelmed by...
How Much Is Land Transfer Tax In Ontario?

How Much Is Land Transfer Tax In Ontario?

Buying a home in Ontario is a significant financial investment that you must make wisely. One of the factors that can impact your closing costs and overall real estate investment is the land transfer tax in the province. The tax is payable whenever you buy a new...