Overview As an Overseas Indian Citizen you may wish to sell property in India. Our previous segments, selling your property in India, or executing a power of attorney, discuss legal requirements around the ownership of property as an Overseas Indian Citizen. In...
UK citizens who are Indian by origin, also known as British Indians, maintain and inherit property as well as hold financial interests in India. It is also common for UK Indian’s to hold multiple asset interests in India. In this segment we consider the importance of...
In this segment we discuss holding an existing PAN card and how to update PAN card as an Overseas Citizen. The Indian PAN Card contrary to some understanding has been in place since 1972. Today in 2023 it plays an integral role in the financial...
There are two particular types of accounts that are frequently used by Overseas Indians for their financial transactions in India. The Non Resident Ordinary Account and the Non Resident External Account. In our previous segment we have detailed information about the...
Acquisition and transfer of immovable property in India by NRIs / PIOs / Foreign Nationals of Non-Indian Origin is regulated by the Foreign Exchange Management Act, 1999. Popularly referred to as FEMA Act. This segment continues from our last article(s) Buying Indian...
Following on from our last segment – Repatriation of sale proceeds from sold property in India. We now look at another area of property in India, specifically; buying property – as an Overseas Indian. Broadly speaking, from our previous segments on...
