{"id":4634,"date":"2023-09-22T09:36:10","date_gmt":"2023-09-22T09:36:10","guid":{"rendered":"https:\/\/bdsadvisories.com\/?page_id=4634"},"modified":"2023-09-23T07:41:37","modified_gmt":"2023-09-23T07:41:37","slug":"investing-in-immovable-property","status":"publish","type":"page","link":"https:\/\/bdsadvisories.com\/index.php\/investing-in-immovable-property\/","title":{"rendered":"Investing in Immovable property"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"4634\" class=\"elementor elementor-4634\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a6368b1 e-con-full e-flex e-con e-parent\" data-id=\"a6368b1\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;,&quot;background_background&quot;:&quot;classic&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ba6a8b3 elementor-widget elementor-widget-text-editor\" data-id=\"ba6a8b3\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<h2>\u00a0<\/h2><h2 class=\"section-heading\" style=\"text-align: center;\">Investing in Immovable property<\/h2><h4 style=\"text-align: center;\">NRI Taxation\u00a0<span class=\"breadcrumbs-separator\">\/<\/span>\u00a0<span class=\"post post-page current-item\">Investing in Immovable property<\/span><\/h4><p>\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8cd16ed e-flex e-con-boxed e-con e-parent\" data-id=\"8cd16ed\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-52f15f5 elementor-widget elementor-widget-heading\" data-id=\"52f15f5\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.17.0 - 08-11-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h3 class=\"elementor-heading-title elementor-size-large\">Investing in Immovable property<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b41aceb e-con-full e-flex e-con e-parent\" data-id=\"b41aceb\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;full&quot;}\" data-core-v316-plus=\"true\">\n\t\t\t\t<div class=\"elementor-element elementor-element-174afd7 elementor-widget elementor-widget-text-editor\" data-id=\"174afd7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are allowed to purchase property in India, with the exception of agricultural land, plantation property, and farmhouses.<\/span><br \/><span style=\"color: #000000;\">Such property may either be<\/span><\/p><ul><li><span style=\"color: #000000;\">Acquired through purchase by them.<\/span><\/li><li><span style=\"color: #000000;\">Received as a gift from a resident or a relative.<\/span><\/li><li><span style=\"color: #000000;\">Inherited from either a resident or a non-resident.<\/span><\/li><\/ul><p><span style=\"color: #000000;\">The payment for property acquisition must be conducted using funds received in India through legitimate banking channels, either by means of inward remittances from outside India or through debits to their NRE\/ FCNR (B)\/ NRO accounts. NRIs and OCIs are allowed to transfer immovable property, excluding agricultural land, plantation property, or farmhouses, to:<\/span><\/p><ul><li><span style=\"color: #000000;\">An individual residing outside India who holds Indian citizenship.<\/span><\/li><li><span style=\"color: #000000;\">An individual of Indian origin residing outside India.<\/span><\/li><li><span style=\"color: #000000;\">An individual residing in India<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>\u00a0 Investing in Immovable property NRI Taxation\u00a0\/\u00a0Investing in Immovable property \u00a0 Investing in Immovable property Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) are allowed to purchase property in India, with the exception of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_canvas","meta":{"footnotes":""},"rishi__cb_customizer_meta":"","_links":{"self":[{"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/pages\/4634"}],"collection":[{"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/comments?post=4634"}],"version-history":[{"count":13,"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/pages\/4634\/revisions"}],"predecessor-version":[{"id":4966,"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/pages\/4634\/revisions\/4966"}],"wp:attachment":[{"href":"https:\/\/bdsadvisories.com\/index.php\/wp-json\/wp\/v2\/media?parent=4634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}