Q.1242 No obligation to sell Indian property after taking foreign

citizenship

Question: Hi there, Pls advise. I bought property in India in 1998. Moved to Singapore in 2000. Now Singapore permanent. do i need to sell my property in india to accept singapore citizenship? Iam planning to apply for that. Thanks in advance Answer: There is no compulsory requirement to sell off property legally held in India after become a non-resident of India or becoming a foreign citizen.
NRI Information for OCIs - PIOs on PAN Cards, OCI, Visas, Property, Immigration, Customs Duties & more
Information by Virendar Chand
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
Previous Next Page N RI Information

NRI - OCI - PIO Guide & Information

NriInformation Questions &Answers
Read Disclaimer at bottom of page
N
RI Information
Informing educating and connecting Indians across the globe
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
next next

Q.1242 No obligation to sell

Indian property after taking

foreign citizenship

Question: Hi there, Pls advise. I bought property in India in 1998. Moved to Singapore in 2000. Now Singapore permanent. do i need to sell my property in india to accept singapore citizenship? Iam planning to apply for that. Thanks in advance Answer: There is no compulsory requirement to sell off property legally held in India after become a non-resident of India or becoming a foreign citizen.
previous previous
NriInformation FAQ
Read Disclaimer at bottom of page