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Investment abroad

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

Regards
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Ajay Mishra

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Ajay Mishra (Expert)
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
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smitha varma

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smitha varma (Querist)
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.
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Ajay Mishra

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Ajay Mishra (Expert)
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.
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smitha varma

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smitha varma (Querist)
06 February 2013 ya in RBI FAQ i saw the limit as USD 200,000/-
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smitha varma

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smitha varma (Querist)
06 February 2013 Sir

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

regards
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Ajay Mishra

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Ajay Mishra (Expert)
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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