Tag: non-resident

Levy Zavet PC Lawyer helping to navigate foreign buyers

28 Nov

Foreign National Spousal Exemptions to Purchase Real Estate in Ontario under the Prohibition Act and the Non-Resident Speculation Tax

In Ontario you have 2 things to consider: The prohibition act, which the exemption you can reply on is in section 4(2)(c) "...

2 Mar

The Income Tax Consequences for Selling Real Estate in Canada as a Non-Resident

Under section 116 of the Canadian Income Tax Act, non-resident vendors disposing of certain taxable Canadian property (partially listed below) are to notify the Canada Revenue...