Citizenship by descent clarified: parental or grandparental Indian citizenship qualifies under FEMA rules for immovable property acquisition. The 2009 Second Amendment revises regulation 2(c)(ii) of the 2000 Regulations to state that an eligible person for acquisition of immovable property includes one who, or either of whose father or mother or whose grandfather or grandmother, was a citizen of India by virtue of the Constitution or the Citizenship Act, 1955; the amendment takes effect on publication in the Official Gazette.
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Citizenship by descent clarified: parental or grandparental Indian citizenship qualifies under FEMA rules for immovable property acquisition.
The 2009 Second Amendment revises regulation 2(c)(ii) of the 2000 Regulations to state that an eligible person for acquisition of immovable property includes one who, or either of whose father or mother or whose grandfather or grandmother, was a citizen of India by virtue of the Constitution or the Citizenship Act, 1955; the amendment takes effect on publication in the Official Gazette.
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