Can US citizens have agricultural land in India?
Under what provision Indian origin US/UK citizen forfeit his right to own ,deal, manage, sell agricultural land in India.
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Advocate By LEAD INDIA
Answered: 12 Sep 2023
Under the provisions of the Foreign Exchange Management Act, 1999 (FEMA), a non-resident Indian (NRI) or a person of Indian origin (PIO) is not allowed to own, deal, manage, or sell agricultural land in India. Contact us for further enquiry.
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