68. NRI’s Can Purchase Property in India without OCI/PIO
Q: Hello, I am born in India. I currently live in US and recently acquired US citizenship. I haven't yet applied for PIO or CIO card. Am i still treated as NRI. Can i buy property having born in India without having the PIO/CIO card and being a US citizen now? Pl advice. Best Regards, Sandeep A. Nri's do not need to have OCI or PIO visa to purchase property in India. All NRIs can freely purchase residential or commercial property in India. Purchase of agricultural land or farm houses however is not allowed.
NRI - OCI - PIO Guide & Information
68. NRI’s Can Purchase Property in
India without OCI/PIO
Q: Hello, I am born in India. I currently live in US and recently acquired US citizenship. I haven't yet applied for PIO or CIO card. Am i still treated as NRI. Can i buy property having born in India without having the PIO/CIO card and being a US citizen now? Pl advice. Best Regards, Sandeep A. Nri's do not need to have OCI or PIO visa to purchase property in India. All NRIs can freely purchase residential or commercial property in India. Purchase of agricultural land or farm houses however is not allowed.
Disclaimer: Information provided is for general knowledge only and should not be
deemed to be professional advice. For professional advice kindly consult a professional
accountant, immigration advisor or the Indian consulate. Rules and regulations do
change from time to time. Please note that in case of any variation between what has
been stated on this website and the relevant Act, Rules, Regulations, Policy Statements
etc. the latter shall prevail.
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