Agriculture Land in India for NRIs: FEMA and RBI Rules, 2026
Under the Foreign Exchange Management Act, 1999 (FEMA) and the Foreign Exchange Management (Non-Debt Instrument) Rule 2019 an NRI or OCI is permitted to acquire immovable property in India other than agricultural land, Farmhouse or plantation property. Under Rule 24(a), the Foreign Exchange Management (Non-Debt Instrument) Rule 2019 states that an NRI or OCI may […]
New RBI rules for the repatriation of sale proceeds for NRIs: A 2026 guide to managing money between India and abroad
In 2026, one of the most common problems faced by NRIs is not merely taxation or property ownership disputes but difficulties in complying with RBI documentation requirements while transferring funds. Many NRIs are surprised to learn that selling a property does not automatically mean they can immediately transfer the entire sale proceeds abroad. Banks require […]