Dubai property investments by Indian residents are regulated under FEMA and the Liberalised Remittance Scheme (LRS). Payments must be made through authorized dealer banks using tax-paid funds. Using credit cards, loans, or unofficial payment routes may result in FEMA violations. Proper documentation, LRS compliance, and bank remittance procedures are essential to ensure legal overseas property investments.
In the glitzy skyline of Dubai, dreams of luxury real estate are hitting a regulatory wall for many Indian investors. Recent reports indicate that the Enforcement Directorate (ED) has begun issuing notices to resident Indians who used international credit cards…
info@sriyaent.com
+91 9825375241