banner_ad

Foreign Investment in Property

This query is : Open 
Profile Image

Profile Image

(Querist)
30 May 2022 My client has made investment in Dubai property
25% down payment and rest 75% to be paid in 6 years
This means liability in respect of foreign investment
Whether this arrangement is allowed under FEMA
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
30 May 2022 Yes it's allowed.
An Indian citizen can utilise the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India to invest in property abroad. The LRS permits free remittance of up to $250,000 per individual per financial year
Profile Image

MAKARAND DAMLE

Profile Image

MAKARAND DAMLE (Querist)
30 May 2022 Means liability can be created and property can be purchased on mortgage or payment scheme ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details