135. Selling farm land in India by Foreigner

Q: Hi I am originally from India, I have recently become a British citizen and I am due to surrender my Indian passport. Could you please advise me on what happens to land that is already in my name - it is farm land, will I have any problems selling? Regards Jay Akre A. One does not automatically loose their property by changing their citizenship status. You can sell your farm land only to a person resident in India who is a citizen of India. You cannot sell to an NRI or foreign national.
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. © Copyright 2006 Nriinformation.com
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135. Selling farm land in India

by Foreigner

Q: Hi I am originally from India, I have recently become a British citizen and I am due to surrender my Indian passport. Could you please advise me on what happens to land that is already in my name - it is farm land, will I have any problems selling? Regards Jay Akre A. One does not automatically loose their property by changing their citizenship status. You can sell your farm land only to a person resident in India who is a citizen of India. You cannot sell to an NRI or foreign national.
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. © Copyright 2006 Nriinformation.com
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