Investment abroad

This query is : Resolved 

06 February 2013 Can any one please explain the procedures for an Indian Resident to invest in immovable properties abroad.

Regards

06 February 2013 Hi

Go to the following regulations regulations, it may help you:

Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) Regulations, 2000

06 February 2013 Thank you Sir
Circualr doeas not talk about any limit, is there any limit up to which the Indian resident can invest.

06 February 2013 Please check any latest circular issued by RBI on this Regulation. I think, limit should be mentioned, because in this case huge out flow will be involve.

06 February 2013 ya in RBI FAQ i saw the limit as USD 200,000/-

06 February 2013 Sir

What if a corportae wishes to invest in Singapore in agriculture.

regards

06 February 2013 Hi

Please check what the RBI will permit the company to invest in agriculture.Check in regulation the purpose of investment.


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