Investment abroad
This query is : Resolved
smitha varma
(Querist)
06 February 2013
Can any one please explain the procedures for an Indian Resident to invest in immovable properties abroad.
Regards
Regards
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
Go to the following regulations regulations, it may help you:
Foreign Exchange Management (Acquisition and Transfer of Immovable Property Outside India) Regulations, 2000
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.
Circualr doeas not talk about any limit, is there any limit up to which the Indian resident can invest.
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.
smitha varma
(Querist)
06 February 2013
ya in RBI FAQ i saw the limit as USD 200,000/-
smitha varma
(Querist)
06 February 2013
Sir
What if a corportae wishes to invest in Singapore in agriculture.
regards
What if a corportae wishes to invest in Singapore in agriculture.
regards
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.
Please check what the RBI will permit the company to invest in agriculture.Check in regulation the purpose of investment.
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