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nirjhar18

Full Member
Apr 2, 2019
32
9
Hi,

I am planning to purchase a property in Toronto. We are new PR residents and are in Canada for the last 30 days. Do I have to pay NRST (15% tax) on the purchase price or we are exempted from it as we already are PR residents?

I read somewhere that you will have to pay NRST if you have not lived in Canada for more than 183 in the last 12 months.

Thank you.
 
I assume you do not need to, but you may wanna confirm with any mortgage expert in the bank or broker.