Foreign Investors | HST Relief

My uncle in India bought a Toronto condo - How does HST work for a foreign investor?

By SupreetVManForeign InvestorsFebruary 17, 20160 comments

Hello, My uncle is in Mumbai and has bought a condo in Toronto. It's obviously an investment and I may move in. What are the HST implications? Does he have to pay it as a foreign ...AnswerForeign investors are subject to the same HST rules as Canadians - if they or an immediate family member are going to move in (excludes nephews; includes parents, siblings, spouses, children and adopted ...

Toronto condo developers to go China - What happens with HST for these foreign investors

By RealEstateDudeForeign InvestorsSeptember 8, 20150 comments

Hi there - I am an agent working in preconstruction condo sales. I just read this article in the Globe & Mail: Read the article here. about sales of Toronto condos happening ...AnswerYes, foreign investors qualify for the HST Rebate assuming they have a 1 year lease in place with a renter. Foreign investors do not need to live in Canada, be a citizen nor have a SIN number to ...

Qualifying for the HST Rebate as a foreign investor

By Peter WangForeign InvestorsAugust 17, 20150 comments

My uncle lives in China, but purchased an investment condo in Toronto that closed last year. Are there any rebates that he is eligible for? He doesn't live in Canada, is not a citizen, nor ...AnswerYes, he can still file for the HST rebate through the New Residential Rental Property Rebate program. You do not need to be a Canadian citizen, a Canadian resident nor reside in Canada nor have a ...