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Real Estate Law

Foreign Buyers & Investors Services

Legal Guidance for Non-Resident Real Estate Transactions in Ontario

Navigating real estate transactions as a foreign buyer or investor in Ontario can be complex. From understanding regulations to addressing tax implications, having the right legal partner ensures a smooth process and protects your investment.

At Kormans LLP, we provide tailored legal services for non-resident buyers and investors. Whether you’re purchasing property, applying for NRST rebates, or securing financing, our experienced lawyers guide you through every step. Trust Kormans LLP to deliver practical solutions that align with your goals and comply with Ontario’s regulations.

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Comprehensive Foreign Buyers & Investors Services

Kormans LLP offers a full range of legal services to support non-resident buyers and investors:

Non-Resident Real Estate Transactions
Navigate the complexities of buying and selling property in Ontario as a non-resident.

Foreign Buyer Regulations
Ensure compliance with Ontario’s regulations for foreign buyers, including the Non-Resident Speculation Tax (NRST).

Rebate Applications for NRST Payments
Apply for rebates on NRST payments with professional legal guidance to maximize your refund.

Tax Implications for Foreign Ownership
Understand and address the tax implications of owning property as a non-resident.

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Tax Implications for Foreign Ownership
Understand and address the tax implications of owning property as a non-resident.

Financing for Non-Resident Buyers
Secure financing with legal support tailored to non-resident buyers and private lenders.

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Transparent Simple Pricing

The real estate market isn’t always predictable, but your closing costs should be. Want to customize your cost estimate?
All prices are based on standard transactions and exclude HST and disbursements.

Select a service to get started.
Looking for help finding the right service?
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Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Looking for help finding the right service?
Contact Us
Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Mortgage Refinance
from $849
Change of Ownership
from $549
Close on a Purchase
from $1,179
Close on a Sale
from $1,079
Independent Legal Advice
from $595
Builder Occupancy Closing
from $549
Review APS
from $379
Draft APS
from $1,199
All prices are based on standard transactions and exclude HST and disbursements.
Looking for help finding the right service?
Contact Us
Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Looking for help finding the right service?
Contact Us
Disbursements are third-party costs that your lawyer pays on your behalf during a real estate or mortgage transaction. These may include:

  • Title Search Costs: Verifying property ownership and liens.
  • Registration Costs: Recording ownership with the government.
  • Execution Search Fees: Checking for legal claims or judgments.
  • Transaction Levy Surcharge: Regulatory fees from bodies like the law society.
  • Title Insurance: Protecting against title issues.
  • Software Transaction Fee: Costs for document preparation tools.
  • Other Disbursements: Banking charges, ID verification, and file storage.

Your lawyer will include these in your final bill for transparency.
Looking for help finding the right service?
Contact Us

Get started with Kormans

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
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

Xiao Fu

I recommend Jonathan as my lawyer. Excellent customer service + professional work. He is reliable and always quickly response my questions and emails.

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Frequently Asked Questions

What is the Non-Resident Speculation Tax (NRST)?
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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?
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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?
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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?
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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?
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Non-resident transactions involve unique regulations, taxes, and financing challenges. A lawyer ensures compliance, protects your interests, and streamlines the process.

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