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Nri investment

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2014 1. Can an NRI purchase an agricultural land in India. What is the maximum monetary limit which he can invest in it?

2. Can an NRI invest in a Indian Company or in real Estate and what is the ceiling limit of investment.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
13 May 2014 cannot invest in agriculture land. Investment in companies is allowed subject to RBI restrictions. advised that you go through RBI FEMA circulars to ensure proper compliance.
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