FEMA – How it defines citizens

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FEMA – How it defines citizens: The Foreign Exchange Management Act, 1999 enables the Reserve Bank to build laws to prevent, limit or control the acquisition or transfer of immovable property in India by the NRIs. The FEMA denies buying or transfer of real estate in India by the citizens of certain countries. It mentions – No person who
NRI Legal Services is uniquely positioned as a legal management company, set up in 2000 to help overseas citizens exclusively with monitoring, supervising,representing them for both in-court and out of court work, to protect their land and properties in India.

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