Purchase of Immovable Property - As on Apr 06, 2023

Chapters / List

1. Can a resident continue to hold immovable property outside India which was acquired by him when he was a non-resident?

   ---

2. Can a resident individual send remittances and purchase property outside India?

   ---

3. To whom do the restrictions of transferring property outside India not apply?

   ---

4. How can immovable property be acquired outside India by a resident?

   ---

5. How can a Non-resident Indian (NRI) [NRI refers to a person resident outside India who is a citizen of India] and an Overseas Citizen of India (OCI) [Overseas Citizen of India (OCI) is a person resident outside India who is registered as an Overseas Citizen of India Cardholder under Section 7(A) of the Citizenship Act, 1955.] acquire immovable property in India?

   ---

6. What are the accepted modes of payment for property acquired in India?

   ---

7. Can Foreign Embassies/ Diplomats/ Consulate Generals acquire property in India?

   ---

8. Can foreign nationals acquire property in India?

   ---

9. How can a Long Term Visa (LTV) holder acquire property in India?

   ---

10. Can a spouse of an NRI/ OCI who is not a NRI/ OCI acquire property in India?

    ---

11. Can a non-resident repatriate the sale proceeds of immovable property in India?

    ---

12. What is the meaning of transfer?

    ---