Rebates
A rebate of the NRST may be available in the following situations:
- The foreign national becomes a Canadian citizen or permanent resident of Canada within four years of the date of the purchase or acquisition;
- The foreign national is a student who has been enrolled full-time for at least two years from the date of purchase or acquisition in an “approved institution”, as outlined in Ontario Regulation 70/17 of the Ministry of Training, Colleges, and Universities Act; or
- The foreign national has legally worked full-time in Ontario for a continuous period of one year since the date of purchase or acquisition.
In order to be eligible for the rebates, the foreign national must exclusively hold the property, or hold the property exclusively with his or her spouse. The property must also have been used as the foreign national’s (and if applicable their spouse’s) principal residence for the duration of the period.
The rebate will be paid with interest, calculated at the prescribed refund rate under the
Land Transfer Tax Act.
Supporting documentation will be required to substantiate all applications for rebates.
又仔细看了下退款条件：
1. 买房后四年成为加拿大永久居民或公民
2. 买家是学生，买房后，读完两年 或
3. 合法全时连续工作满一年
我怎么感觉只有1+2, 1+3 才会退款呢？ 注意，在第一条没有 OR ， 第二天有 OR. 也就是说，要退税，必须满足第一条。如果都可以退款的话，第一条也有 OR. 或者写成：one of the following situations.
