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Indians Making Big Moves in Dubai Real Estate: The Rules!

Indians Making Big Moves in Dubai Real Estate: The Rules!

Listen up, folks! Indians are making waves in Dubai real estate—huge waves! But hold your horses! You can only send up to $250,000 a year, and it’s gotta be done right. No loans from overseas, no funny stuff! Follow the rules, or face the music. It’s a big deal, believe me!

Quick rundown

  1. Indians face strict rules when buying property in Dubai.
  2. Liberalised Remittance Scheme allows $250,000 per year for property.
  3. Family members can pool LRS limits for joint property ownership.
  4. Indian residents can't use foreign loans for overseas property.
  5. Non-compliance with FEMA can lead to penalties.

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