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FAQs and issues Related to NRI Investment in Real Estate India
NRI Realty News » For NRIs-Taxes and Rules » Investment Issues Q1) Is it possible for an NRI to invest…
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FAQs Related to NRI Buying Residential or Commercial Property India
NRI Realty News » For NRIs-Taxes and Rules » Immovable Property Issues Q1) Can an NRI invest in immovable property…
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Repatriation Procedures
Earning money has been one of the vital reasons for Indians shifting base to other countries.
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What are the formalities required to be completed by foreign citizen of Indian Origin for purchasing residential immovable property in India under the general permission?
Ans: They are required to file a declaration in form IPI 7 with the Central Office of Reserve Bank at…
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After returning to India, for how long can a person hold on to the stocks and mutual funds that he has invested in abroad?
Ans: You can continue to hold stocks and mutual funds abroad so long as your status is that of a…
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How do NRIs get started once they decide to invest in the Indian stock market? Ans: Firstly they need to open a bank account and decide whether they need to trade on a repatriable or a non repatriable basis. Now those who already have bank accounts should check with their bankers to find out whether those are suitable for stock trading. Know that you can nominate only one bank account for your stock trading. Some of the leading private banks are competent in this regard and can help you open an account through the internet that can be faster. Q2). But isn’t that cumbersome paper work?
Ans: There is definitely some amount of paper work to be done. But if you download the application form from…
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Are foreign Institutional Investors (FIIs), Non-Resident Indians (NRIs), and Persons of Indian Origin (PIOs) allowed to invest in Indian companies? Ans: Yes, they are allowed to invest in the primary and secondary capital markets in India through the portfolio investment scheme (PIS). Under this scheme, FIIs/NRIs can acquire shares/debentures of Indian companies through the stock exchanges in India. Q2). What are the maximum overall investments one FII, NRI or PIO?
Ans: The upper limit for overall investment for FIIs is 24%, of the paid up capital of the Indian company,…
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FAQs Related to NRI Property Tax, Regulation and Laws
Q1) What kind of tax rules have been advised for NRIs? Ans: Tax rules for NRIs related to property transactions…
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Is there a boom of overseas Indians who are more interested in buying properties in India and is it getting easier for them?
Ans: Cheer Up!!! The Indian government now has recognized the demands of the NRI and people of Indian origin to…
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Can I acquire commercial properties in India?
Ans: As per the general permission granted by the Reserve Bank (RBI), properties other than agricultural land or Farm Houses…