Overview: a look at Toronto’s Vacant Home Tax (VHT) and Canada’s Foreign Buyer Ban in 2026 and beyond, including recent rule changes, important deadlines, exemptions, and more. Canada’s Prohibition on the Purchase of Residential Property by Non-Canadians Act (aka the Foreign Buyer Ban) and Toronto’s Vacant Home Tax (VHT) were…
Tag: Foreign Buyer Ban
Ontario Hikes Non-Resident Speculation Tax (NRST)
Overview: a look at Ontario’s updated Non-Resident Speculation Tax or NRST, including who it applies to, the properties it covers, and exemptions to the tax. What Is The Non-Resident Speculation Tax? The 15% tax was created to deter foreign nationals from buying up residential property in Ontario and making home…