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Close your transaction in four easy steps
1
Tailored Legal Advice
We customize our services to meet the specific needs of non-resident buyers and investors.
2
Comprehensive Support
From NRST rebates to financing, we handle every aspect of your transaction.
3
Proven Experience
Our lawyers have extensive knowledge in non-resident real estate transactions, ensuring your success.
4
5
Other Real-Estate Law Services
With a proven track record in residential real estate, our lawyers are known for their attention to detail and commitment to excellence.
We work closely with clients and partners alike to deliver results that exceed expectations.
What our clients say
Related Blog Posts
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Yashkaran Singh
Following in the footsteps of the Act (Prohibition on the Purchase of Residential Property by Non-Canadians Act) and the accompanying Regulations, the Amendments to the Regulations took all of us by surprise when they were introduced on March 27, 2023.
June 16, 2025
Before You Sign; Have a Lawyer Review Your Lease
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Many business owners are eager to start a new venture and part of that process often involves leasing a space from which to conduct their business (the “Premises”). Sometimes an offer to lease for the Premises will be negotiated for the general terms of a future lease for the Premises...
June 4, 2025
Pre-Construction Contracts: Why It Is Essential for a Lawyer to Review
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We often get asked by Buyers and Real Estate Agents whether it is preferable to have a Survey or Title Insurance for a residential real estate transaction.
June 4, 2025
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Frequently Asked Questions
What is the Non-Resident Speculation Tax (NRST)?
The NRST is a 25% tax applied to the purchase of residential property in Ontario by foreign buyers. It applies to certain transactions and can be eligible for rebates under specific conditions.
How can Kormans LLP help with NRST rebate applications?
We assist non-resident buyers in applying for NRST rebates by ensuring all documentation is accurate and complete, maximizing your chances of a successful refund.
What are the tax implications of owning property as a non-resident?
Non-resident property owners may face additional taxes, such as withholding taxes on rental income or capital gains taxes upon sale. We provide legal advice to address these obligations.
Can non-residents secure financing for property purchases in Ontario?
Yes, non-residents can secure financing. We provide legal guidance to help you navigate lender requirements and ensure compliance with regulations.
Why do I need legal advice for non-resident real estate transactions?
Non-resident transactions involve unique regulations, taxes, and financing challenges. A lawyer ensures compliance, protects your interests, and streamlines the process.
