Inheritance,property,Sale of property
Can an NRI inherit property in India?
Can an NRI acquire an Immovable Property in India, through Inheritance?
By  Aniket Agrawal  |  15 Mar 2016  |  Upvotes: 0  | 

1 Answer(s)

Rashi Gahlaut

An NRI is allowed to inherit a real estate property in India, from a resident Indian. Also, a NRI can inherit an immovable property in India, from a person who resides outside India. However, such a property must have been acquired in consonance with the foreign exchange law or the stipulations of the Foreign Exchange Management (Acquisition and Transfer of Immovable Property in India) Regulations, 2000.

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