I really want to live in India the rest of my life. Can I buy a land & house though I am foreigner?

Question

I have a bank account at "state bank of India" for more than 15 years.

can remit US dollars anytime.

Answer 1

NRI can also buy plot/house in India. There is also provision of NRI Home Loan if you required. For more details you can visit the website http://www.myloan24x7.com. This site will certainly solve your queries.

Answer 2

not positive but why not create a corporation and then buy.  Indians love American

corporations!

[or visit a solicitor and see what he says.

India currently still has no real estate

licensure laws]

Answer 3

This laws are changed from time to time.

So call Indian embassy and ask them to refer you to a lawyer.

The main thing will be the visa, and the laws governing staying out side your country for more then the max time, as specially if you are counting on any type of retirement like Social security, Medical aid or old age converges (USA, Canada, UK and any and many other countries).