From whom can a non-resident person inherit immovable property?

Property Handling
2016-08-02 12:42

A person resident outside India (i.e. NRI or PIO or OCI or foreign national of non-Indian origin) can inherit immovable property from I)              A person resident in India II)             A person resident outside India However, the person from whom the property is inherited should have acquired the same in accordance with the foreign exchange law in force or FEMA regulations, applicable at the time of acquisition of the property.

Tags: NRI's
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