Friday, 13 March 2026

Thousands of Indians are buying property in Dubai — But most don't know this rule exists

Zee News Indians can legally buy property in Dubai but only by following strict RBI rules. You can send a maximum of USD 2,50,000 per person per year from India. Family members can pool their limits only if all are joint owners on paper. You cannot borrow from a Dubai bank to fund the purchase. Break any of these rules and FEMA penalties kick in. Talk to a lawyer before sending a single rupee abroad.   https://ift.tt/LpArxWG March 14, 2026 at 08:05AM Indians can legally buy property in Dubai but only by following strict RBI rules. You can send a maximum of USD 2,50,000 per person per year from India. Family members can pool their limits only if all are joint owners on paper. You cannot borrow from a Dubai bank to fund the purchase. Break any of these rules and FEMA penalties kick in. Talk to a lawyer before sending a single rupee abroad.  

from Zee News :Business https://ift.tt/nfBy6Ti
via IFTTT

No comments:

Post a Comment

Opinion: Why E85 and flex fuel vehicles don't make sense to me right now

Zee News Right now, the math punishes the buyer at every step: higher purchase price, worse fuel efficiency, and a running cost that's ...