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Can an NRI buy a property in India jointly with a resident Indian spouse?

1 Answer
S
Shiv Kulkarni

Yes, NRIs and their spouses who are Indian residents can jointly purchase property in India. Depending on the needs of the NRI, either a repatriation basis or a non-repatriation basis acquisition might be made. NRIs need to ensure they abide by the guidelines set forth by the RBI and the Income Tax Act and pay any necessary taxes on the acquisition.

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