There is no doubt that the NRST (and other Ontario Government initiatives) has caused a significant drop in residential real estate sales. However, it may not have as significant an impact on many foreign nationals.
As per the executive order issued by the President of the United States on Friday, January 27, 2017, a 90–day visa suspension is in place for all travel to the United States (except for those holding diplomatic status) by nationals of the following countries: Iraq, Syria, Iran, Libya, Somalia, Sudan, and Yemen.
As explained in our earlier article, starting on March 15, 2016, visa-exempt foreign nationals travelling to Canada by air will require an Electronic Travel Authorization (eTA). Air carriers will be checking travellers and passengers who do not have an eTA or do not qualify for an exemption will not be permitted to board the aircraft. Government has now released further details about the eTA system as outlined below.