Re: [Goanet] Foreigners buying a house in Goa
--- http://www.GOANET.org --- 5th Annual Konkan Fruit Fest Promenade, D B Bandodkar Road, Panaji, Goa 16-18, May 2008 http://lists.goanet.org/pipermail/goanet-goanet.org/2008-May/073789.html --- Non-Indian passport holders who are persons of Indian Origin were always exempted of permission from the Reserve Bank of India if they want to buy property in Goa or India. There is absolutely no requirement for a person of Indian Origin to have a PIO card or to have OCI in order for them to buy property in India. As long as they can prove they are of Indian origin, even if they do not have a PIO card or OCI, they are exempted from the need to request permission to the Reserve Bank of India and are fully entitled to buy property in India as foreign tourists even if they just go for a 1 week holiday to Goa. But remember, you may need to prove you are of Indian Origin. In most cases, a declaration from your lawyer is enough. Best regards Paulo Colaco Dias. > -Original Message- > From: [EMAIL PROTECTED] [mailto:goanet- > [EMAIL PROTECTED] On Behalf Of Mario Goveia > Sent: 18 May 2008 16:41 > To: goanet@lists.goanet.org > Subject: Re: [Goanet] Foreigners buying a house in Goa > > - > > Date: Sun, 18 May 2008 06:23:19 -0400 > From: "Joe Lobo" <[EMAIL PROTECTED]> > > > What about Goans with foreign nationalities and > foreign passports? ...they are still goans > at heart! I thought , a couple of years , ago the > Centre in Delhi was mooting the idea of a card > called Person of Indian Origin (PIO)...which > would give them similar rights to the OCI you > mention. Many foreign nations allow one to have > dual nationalities. > > > Mario responds: > > > a) I don't think these rules care about what's in your > heart - only about what's in your Passport:-)) > > > b) PIO's have a limit of six months at a time in > India. OCI's have no such limit. > > > Here is a detailed comparison between the PIO and the > OCI: > > > http://triangledesi.com/2007/09/10/pio-vs-oci/ > > > Here is more information about the OCI and how to > apply. > > > http://www.indiacgny.org/php/showContent.php?linkid=174
Re: [Goanet] Foreigners buying a house in Goa
--- http://www.GOANET.org --- 5th Annual Konkan Fruit Fest Promenade, D B Bandodkar Road, Panaji, Goa 16-18, May 2008 http://lists.goanet.org/pipermail/goanet-goanet.org/2008-May/073789.html --- Date: Sun, 18 May 2008 06:23:19 -0400 From: "Joe Lobo" <[EMAIL PROTECTED]> > What about Goans with foreign nationalities and foreign passports? ...they are still goans at heart! I thought , a couple of years , ago the Centre in Delhi was mooting the idea of a card called Person of Indian Origin (PIO)...which would give them similar rights to the OCI you mention. Many foreign nations allow one to have dual nationalities. > Mario responds: > a) I don't think these rules care about what's in your heart - only about what's in your Passport:-)) > b) PIO's have a limit of six months at a time in India. OCI's have no such limit. > Here is a detailed comparison between the PIO and the OCI: > http://triangledesi.com/2007/09/10/pio-vs-oci/ > Here is more information about the OCI and how to apply. > http://www.indiacgny.org/php/showContent.php?linkid=174 >
Re: [Goanet] Foreigners buying a house in Goa
---
http://www.GOANET.org
---
5th Annual Konkan Fruit Fest
Promenade, D B Bandodkar Road, Panaji, Goa
16-18, May 2008
http://lists.goanet.org/pipermail/goanet-goanet.org/2008-May/073789.html
---
Mario
What about Goans with foreign nationalities and foreign passports
? ...they are still goans at heart !
I thought , a couple of years , ago the Centre in Delhi was mooting
the idea of a card called Person of Indian Origin (PIO)
which would give them similar rights to the OCI you mention. Many foreign
nations allow one to have dual nationalities.
- Original Message -
From: "Mario Goveia" <[EMAIL PROTECTED]>
To:
Sent: Saturday, May 17, 2008 12:41 PM
Subject: [Goanet] Foreigners buying a house in Goa
---
http://www.GOANET.org
---
5th Annual Konkan Fruit Fest
Promenade, D B Bandodkar Road, Panaji, Goa
16-18, May 2008
http://lists.goanet.org/pipermail/goanet-goanet.org/2008-May/073789.html
---
Date: Sat, 17 May 2008 07:44:13 +0530
From: Ana Maria de souza-Goswami
What about Goans who have foreign nationalities? They
are also buying flats/houses in Goa. There are
foreigners who are given one year visa at a time and
have bought flats.
Mario suggests:
Those Goans who have foreign nationalities should
apply for the Overseas Citizen of India
[OCI]classification which would give them the same
financial rights in India as Non Resident Indians, as
well as limitless stays in India.
No more applying for visas, no more restrictions on
how long you can stay in India.
The only rights an OCI is denied is voting in Indian
elections and owning farmland in India.
[Goanet] Foreigners buying a house in Goa
--- http://www.GOANET.org --- 5th Annual Konkan Fruit Fest Promenade, D B Bandodkar Road, Panaji, Goa 16-18, May 2008 http://lists.goanet.org/pipermail/goanet-goanet.org/2008-May/073789.html --- Date: Sat, 17 May 2008 07:44:13 +0530 From: Ana Maria de souza-Goswami > What about Goans who have foreign nationalities? They are also buying flats/houses in Goa. There are foreigners who are given one year visa at a time and have bought flats. > Mario suggests: > Those Goans who have foreign nationalities should apply for the Overseas Citizen of India [OCI]classification which would give them the same financial rights in India as Non Resident Indians, as well as limitless stays in India. > No more applying for visas, no more restrictions on how long you can stay in India. > The only rights an OCI is denied is voting in Indian elections and owning farmland in India. >
[Goanet] Foreigners buying a house in Goa
---
http://www.GOANET.org
---
5th Annual Konkan Fruit Fest
Promenade, D B Bandodkar Road, Panaji, Goa
16-18, May 2008
http://lists.goanet.org/pipermail/goanet-goanet.org/2008-May/073789.html
---
Hi Gillian,
I know a lot of foreigners (white skins) who have bought Goan houses (there
are NO PORTUGUESE HOUSES), and have restored them magnificantly. If you
comply with all the RBI rules, there is no problem in buying a house. What
about Goans who have foreign nationalities? They are also buying
flats/houses in Goa. There are foreigners who are given one year visa at a
time and have bought flats.
Ana Maria de Souza-Goswami
