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

Edited by Admin
Hi there  - I am an agent working in preconstruction condo sales.  I just read this article in the Globe & Mail:
 
 
about sales of Toronto condos happening in China for Chinese citizens who never even step foot in Canada.  I am wondering - do these investors have to pay HST?  And, can they somehow qualify for an HST Rebate from CRA?
 
 

Answers

By HST Relief
Yes, 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 file for the HST Rebate.  Call u for more details and to help file your HST Rebate; 1.866.832.1990

First Canadian Place • 100 King Street West • Suite 5700 • Toronto, ON • M5X 1C7

jack-wong Tridel-logo SR_Logo-BlackRed-stacked-short Team-Lemos-image Del-condo-rentals-LOGO
Powered by RWARDZ