- 416-613-8866
- info@paradigmmanagement.net
- 102 - 270 Wellington St. W. Toronto, ON, M5V 3P5
NON-RESIDENT OWNER’S
NON-RESIDENT OWNERS & LANDLORDS
Complete Property Management and Tax Compliance for Canadian Property Owners Living Abroad
Owning Canadian property while living abroad comes with unique tax obligations, reporting requirements, and operational challenges. Our team manages your property end-to-end—while also ensuring you remain fully compliant with all non-resident tax rules. We act as your on-the-ground representatives, protecting your investment and maximizing your returns.
Non-Resident Tax & Compliance Services
Withholding Tax Management
Non-resident landlords are required to remit 25% of gross monthly rent to the CRA unless an approved NR6 form is on file. We are a Canada Revenue Agency authorized withholding agent and can handle the entire process:
Calculating and withholding the required amounts
Submitting monthly remittances to the CRA
Coordinating directly with your accountant if needed
You stay compliant without worrying about missed deadlines or incorrect submissions.
Why Non-Resident Owners Choose Us
We specialize in managing properties for clients who live outside Canada—whether you’re away long-term, working abroad, or holding Canadian real estate purely as an investment. Our service model is built for non-residents: transparent reporting, precise tax handling, responsive communication across time zones, and full oversight of your property.
NR6 Application Preparation & Filing
An approved NR6 allows you to remit tax based on net rental income instead of gross rent—a major cash-flow advantage. We prepare and submit the NR6 on your behalf and ensure all supporting documents align with CRA requirements.
Our team monitors approval timelines, ensures ongoing compliance, and updates filings annually.
Section 216 Annual Tax Return Support
Non-resident landlords must file a Section 216 return each year to reconcile rental income and expenses. We facilitate the entire process by:
- Providing clean, organized year-end statements
- Preparing detailed income/expense summaries
- Coordinating with your accountant to ensure accurate filing
- Ensuring CRA deadlines are met
This eliminates confusion and prevents penalties or interest charges.
Day-to-Day Management
We act as your trusted representatives in Toronto:
Monthly rent collection
All tenant communication
Repairs and maintenance
Coordinating trades and vendors
Routine inspections
Emergency response
Your property stays protected and professionally managed while you live abroad.
Full Property Management for Non-Residents
Tenant Placement & Screening
We lease your property with a strict screening process:
- Employment and income verification
- Credit analysis
- Rental history review
- Conducting showings, lease negotiation, and move-in procedures
You get reliable tenants without having to manage the process remotely.
Financial Reporting
Clear, structured reporting keeps you fully informed:
- Monthly statements
- Annual summaries
- Expense tracking
- Secure online access to documents and records
Everything is organized so your annual tax filings remain simple and audit-ready.
Time-Zone Friendly Communication
You don’t need to worry about being unavailable during Canadian business hours. We accommodate global time zones and ensure consistent, professional updates.
Who This Service Is For
Canadians temporarily working abroad
Permanent residents who have relocated
International investors with Canadian property
Owners who want compliant, hands-off management
Anyone seeking reliable CRA tax handling for rental income
Who This Service Is Why This Matters
Non-resident real estate ownership comes with complex rules. Errors can trigger audits, penalties, and unnecessary tax payments. Our service removes the risk, the paperwork, and the guesswork—while keeping your property performing at its best.
Let’s Manage Your Toronto Property Seamlessly
Speak with our team about non-resident property management, tax compliance, and full-service rental support.
We’ll help you stay compliant and secure—no matter where in the world you live.
FREQUENTLY ASK QUESTIONS
Who is considered a non-resident landlord in Canada?
A non-resident landlord is anyone who owns rental property in Canada but lives outside the country for tax purposes. Even if you are a Canadian citizen, you are considered a non-resident if your primary residence is abroad.
What taxes do non-resident landlords have to pay?
Non-resident landlords must remit 25% of the gross monthly rent to the CRA unless an NR6 form is approved. After filing a Section 216 return, you may receive a refund if your actual expenses reduce your taxable income.
What is an NR6 form and why is it important?
The NR6 allows you to remit tax on net rental income instead of gross rent. This improves cash flow and prevents over-withholding. We prepare, submit, and monitor your NR6 application each year.
What is a Section 216 tax return?
A Section 216 return is the annual tax filing for non-resident landlords. It reconciles rental income and expenses. Filing it correctly can reduce the tax you owe or generate a refund.
Do I have to file a Section 216 return every year?
Yes. Non-resident landlords must file annually if they earn rental income in Canada. Filing late or incorrectly may lead to penalties, lost refunds, or CRA reviews.
Can I own rental property in Canada if I live abroad?
Yes. Non-residents can legally own and rent out property in Canada. You must follow the CRA’s withholding and tax filing rules, which we manage on your behalf.
Do you help new investors who live outside Canada?
Yes. We work with international investors and Canadians abroad who are purchasing their first rental property. We guide you through leasing, management, and compliance.
Can I switch to your management service if I already have tenants?
Yes. We can take over management at any point. We’ll review your lease, verify compliance, update CRA filings, and ensure a smooth transition.
How much tax do non-residents pay on rental income?
By default, 25% of gross rent must be remitted monthly. With an approved NR6, tax is based on net income instead. The final tax amount is determined when you file your Section 216 return.
Can you manage monthly CRA remittances for me?
Yes. We calculate, withhold, and remit the required amounts each month and keep all records audit-ready.
Can you coordinate with my accountant?
Yes. We work directly with your accountant for NR6 filings, year-end packages, and Section 216 returns to ensure everything is accurate and compliant.
What property management services do you provide for non-residents?
We handle tenant placement, rent collection, maintenance, inspections, financial reporting, and emergency response. You receive full oversight without needing to be in Canada.
How do you communicate with owners who live in different time zones?
We offer flexible communication windows, detailed monthly updates, and fast digital response times to accommodate clients around the world.
What documents do you need to manage my property as a non-resident?
We typically require:
- Identification
- Proof of ownership
- Completed NR6 (we prepare it for you)
- Banking details for rent deposits
Contact information for your accountant, if applicable
What happens if I don’t remit non-resident tax correctly?
Incorrect or late remittances can result in penalties, interest, loss of NR6 benefits, or CRA audits. Our team ensures all filings and payments are handled properly and on time.