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In the attempt to dampen rising house prices the government of Ontario imposed a 15% tax on the purchase of certain residential properties, Limited to the general “Golden horseshoe” area including, of course, Toronto and its immediate neighbours. Today the province and announce this tax was is increasing to 20%, effective immediately, and applies province wide. There are transitional provisions for purchases already made but not yet closed but otherwise being a nonresident, of a certain type, comes at a cost if acquiring one, or a handful of residences. The type that is not subject to the tax are those with the official status of Canadian citizens or permanent residents. With such qualifications, the fact that a person may functionally be a nonresident of Ontario is immaterial. With such a qualification there is no tax payable. Land transfer tax is a separate tax, and remains payable regardless of residency. 
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