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Acquisition and Transfer of Immovable Property outside India

Regulation 5 - Regulation - FEMA - Regulation 5 - 5. :- (1) A person resident in India may acquire immovable property outside India, - (a) by way of gift or inheritance from a person referred to in sub-section (4) of Section 6 of the Act, or referred .....

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Regulations, 2015; (c) jointly with a relative who is a person resident outside India, provided there is no outflow of funds from India; (2) A person resident in India may acquire immovable property outside India, by way of inheritance or gift from a .....

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