https://www.taxtmi.com/manuals?id=2890 Residents require prior RBI permission to acquire or transfer immovable property outside India, subject to exceptions for nationals of the foreign State, pre 1947 acquisitions with RBI permission, short leases, and specific permitted modes of acquisition (inheritance, gift, purchase from compliant residents, RFC funds, LRS remittances, joint acquisition with non resident relatives, or out of permitted overseas income/sale proceeds). Indian entities with overseas offices may acquire property for staff/business per RBI directions. Transfers and charges are allowed only where the initial acquisition was permitted. AD banks oversee remittance ceilings for such acquisitions. en-us Sat, 17 Jun 2023 13:57:00 +0530 Tue, 24 Sep 2024 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2890 Residents require prior RBI permission to acquire or transfer immovable property outside India, subject to exceptions for nationals of the foreign State, pre 1947 acquisitions with RBI permission, short leases, and specific permitted modes of acquisition (inheritance, gift, purchase from compliant residents, RFC funds, LRS remittances, joint acquisition with non resident relatives, or out of permitted overseas income/sale proceeds). Indian entities with overseas offices may acquire property for staff/business per RBI directions. Transfers and charges are allowed only where the initial acquisition was permitted. AD banks oversee remittance ceilings for such acquisitions. Manuals FEMA Sat, 17 Jun 2023 13:57:00 +0530 https://www.taxtmi.com/manuals?id=2890