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          FEMA

          How can a Long Term Visa (LTV) holder acquire property in India?

          Purchase of Immovable Property - As on Apr 06, 2023

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          Long term visa holders' limited property acquisition rights allow residential and self employment purchases subject to applicable FEMA rule. Long Term Visa holders from Pakistan, Bangladesh or Afghanistan belonging to minority communities and residing in India may acquire one residential immovable property for self occupation and one immovable property for self employment, subject to conditions prescribed under the Foreign Exchange Management (Non Debt Instrument) Rules, 2019 and the applicable FEMA provisions.
                            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                              Provisions expressly mentioned in the judgment/order text.

                                  Long term visa holders' limited property acquisition rights allow residential and self employment purchases subject to applicable FEMA rule.

                                  Long Term Visa holders from Pakistan, Bangladesh or Afghanistan belonging to minority communities and residing in India may acquire one residential immovable property for self occupation and one immovable property for self employment, subject to conditions prescribed under the Foreign Exchange Management (Non Debt Instrument) Rules, 2019 and the applicable FEMA provisions.


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