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Are foreigners allowed to own property in Mumbai?

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When we asked expats in Mumbai if foreigners are allowed to own property, they answered...

"Yes, foreigners are allowed to own property in Mumbai. The Indian government has made it possible for foreign nationals to purchase property in India, provided they meet certain criteria. Foreigners must obtain permission from the Reserve Bank of India before they can purchase property in India. Additionally, they must have a valid visa and must provide proof of their source of income. Furthermore, they must also pay taxes on the property they purchase," said a member in Mumbai, India.

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Are foreigners allowed to own property in Mumbai?

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Flexible solutions allow you to tailor your cover to meet your needs and budget. Use Promocode: LIFE10 and get 10% off your international health insurance for life!
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