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The Economic Times

Economy / The Economic Times

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Buying property abroad? 7-point FEMA guide for you

Indian investors acquiring Dubai properties without proper outward remittances are facing Directorate of Enforcement scrutiny. Violations of FEMA, including illegal money transfers and misdeclarations under the LRS, can lead to penalties and attached Indian assets. Proper documentation and compliance with both Indian and foreign regulations are crucial to avoid issues.

23 Feb 2026 6:30 am