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Can residents avail of this facility for acquiring immovable property and other assets abroad?

April 26, 2017abroad assets avail facility immovable Property residents

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Can residents avail of this facility for acquiring immovable property and other assets abroad?

2 Answers

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Yes. Individuals are free to use this Scheme to acquire and hold immovable property, shares or any other asset outside India without prior approval of RBI.

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Yes. Individuals are free to use this Scheme to acquire and hold immovable property, shares or any other asset outside India without prior approval of Reserve Bank.