FOREIGN EXCHANGE MANAGEMENT (ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY OUTSIDE INDIA) REGULATIONS, 2000Foreign Exchange Management (Acquisition And Transfer of Immovable Property Outside India) Regulations, 2000
FOREIGN EXCHANGE MANAGEMENT (ACQUISITION AND TRANSFER OF IMMOVABLE PROPERTY OUTSIDE INDIA) REGULATIONS, 2000Foreign Exchange Management (Acquisition And Transfer of Immovable Property Outside India) Regulations, 2000
Restriction on cross-border immovable property acquisitions: residents require Reserve Bank permission before purchase or transfer. Regulation 3 prohibits a person resident in India from acquiring or transferring any immovable property situated outside India except where authorised by ... Summary
Restriction on cross-border immovable property acquisitions: residents require Reserve Bank permission before purchase or transfer.
Regulation 3 prohibits a person resident in India from acquiring or transferring any immovable property situated outside India except where authorised by the Act or these Regulations; such acquisition or transfer requires general or special permission of the Reserve Bank of India.
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