Can NRIs invest in agricultural land?

No. NRIs are not permitted to invest in agricultural land in India unless the property is inherited from a family member.

Is rental income from property in India taxable for NRIs?

Yes. Rental income earned in India is taxable for NRIs. However, they can claim applicable deductions under Section 80C and benefits under the Double Taxation Avoidance Agreement (DTAA), subject to conditions.

Can NRIs return the full sale proceeds from a property sale?

NRIs can repatriate property sale proceeds up to the amount initially invested, subject to FEMA rules and annual repatriation limits.

NRI Investment in India: Key Facts & Real Estate Guide

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