Buying a house in Toronto

[naharoni]

Hi,

I have been in Canada for the last 2.5 years and still waiting for my landed immigrant documents.
Since I've arrived, I paid the Canadian income taxes which were deducted from my pay slip.
I am planning to buy a condo soon and have already contributed twice for the RRSP plan and now would like to withdraw the money towards my down payment with no tax deduction.

However, I noticed that in order to take advantage of the HBP (Home Buyer Plan) benefit, I need to be a resident in Canada. Is that correct?
Is the fact that I am paying taxes and contributing to the RRSP enough to make me eligible for using this benefit?

Thanks, Naama

[SubatomicBionicNanoMan]

Isn't the Permanent Resident Card enough? What other landing documents do you need to purchase a home?

[naharoni]

I forgot to mention that I am here on a working visa status

[brianna143]

Hi,

I have been in Canada for the last 2.5 years and still waiting for my landed immigrant documents.
Since I've arrived, I paid the Canadian income taxes which were deducted from my pay slip.
I am planning to buy a condo soon and have already contributed twice for the RRSP plan and now would like to withdraw the money towards my down payment with no tax deduction.

However, I noticed that in order to take advantage of the HBP (Home Buyer Plan) benefit, I need to be a resident in Canada. Is that correct?
Is the fact that I am paying taxes and contributing to the RRSP enough to make me eligible for using this benefit?

Thanks, Naama

How is it? Do you have an answer already?