How foreigner can buy real estate in India

Purchasing a property in India is a fairly simple process, unless you are an NRI or foreign national. According to the rules and regulations in India, a foreign national cannot buy an immovable property in India. Any foreign national cannot own a property in India unless they satisfy few requirements. They need to have a residency requirement of 183 days in India in a financial year. Also, irrespective of their residential status, a non resident Indian or foreign national cannot, without prior permission of the Reserve Bank, acquire or transfer immovable property in India, other than on lease, not exceeding five years. The rules further vary for kew countries like for citizens of Citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, Bhutan, Macau or Hong Kong.

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