Payment for acquisition of immovable property outside india
This query is : Resolved
14 May 2012
can payment for the purchase of a property outside india be made through a foriegn bank account directly by a resident of india??
Please reply in accordance with FEMA.
Please reply in accordance with FEMA.
bhupender soni
(Expert)
14 May 2012
yes ,through EEFAc-Exchange earned foreign account
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