#NRI Legal Services India

[legalfirminindia-blog]

Expert NRI Legal Services in India - Hassle-free Solutions for NRIs

NRI Legal Services India: Expert assistance for legal matters abroad. Our team of experienced lawyers specializes in providing comprehensive legal services tailored specifically for Non-Resident Indians (NRIs) in India. Whether you need assistance with property disputes, inheritance issues, matrimonial cases, or any other legal matter, we are here to help. With in-depth knowledge of Indian laws and a strong track record of success, we offer personalized solutions to protect your rights and interests. Contact us today for reliable and efficient legal support, ensuring peace of mind for NRIs across the globe.

[filfoxsharesolutions]

Succession and Inheritance Planning In India – Filfox Share Solutions

Filfox Share Solutions offers tailored and comprehensive succession and inheritance planning in India. Our team of experts is here to help you navigate the complex legal and financial landscape to ensure your assets are protected and distributed according to your wishes. Trust us to provide you with peace of mind and security for the future.

Visit here: https://www.filfoxsharesolutions.com/

[whizlegalnoida]

Civil law firm for NRI in India | Whizlegal

For Non-Resident Indians (NRIs) navigating civil legal matters in India, the complexities of the legal system can often seem daunting. From property disputes to contractual issues, seeking resolution from abroad can present unique challenges. That’s where WhizLegal comes in as your trusted civil law firm for NRIs in India, providing expert guidance and support to help you navigate the intricacies of civil law with confidence.

Specialized Expertise in Civil Law

At WhizLegal, we understand that civil legal matters can encompass a wide range of issues, including property disputes, contract disputes, family law matters, and more. With our specialized expertise in civil law, our team of experienced attorneys is equipped to handle even the most complex cases on behalf of our NRI clients. Whether you’re involved in a land dispute, facing contractual disagreements, or dealing with issues related to inheritance or succession, you can trust us to provide you with comprehensive legal solutions tailored to your specific needs and objectives.

Strategic Legal Representation

Navigating civil law firm for NRI in india can be challenging, especially when you’re located abroad. At WhizLegal, we offer strategic legal representation designed to protect your rights and interests while advocating for a favorable resolution to your case. Whether through negotiation, mediation, or litigation, our goal is to achieve the best possible outcome for our NRI clients, ensuring that your legal rights are upheld and your interests are safeguarded throughout the process.

Personalized Approach

At WhizLegal, we take a personalized approach to every client we serve, recognizing that each case is unique and requires individualized attention. We take the time to listen to your concerns, understand your goals, and tailor our legal strategies to meet your specific needs and objectives. Whether you require legal advice, representation in court, or assistance with documentation and paperwork, our dedicated team is committed to providing you with the highest level of service and support every step of the way.

Transparent Communication

Clear and transparent communication is essential in civil legal matters, particularly for NRIs who may be located abroad. At WhizLegal, we prioritize open communication with our clients, ensuring that you are kept informed and involved throughout the entire legal process. Whether you have questions about your case, need updates on the progress of your matter, or simply want to discuss your options, our team is always accessible and responsive, ensuring that you receive the guidance and support you need, when you need it.

Trust WhizLegal for Your Civil Legal Needs

When it comes to choosing a civil law firm for NRIs in India, WhizLegal stands out as your trusted partner for expert legal guidance and support. With our specialized expertise in civil law, strategic legal representation, personalized approach, and transparent communication, we are dedicated to helping you navigate the complexities of civil legal matters with confidence and clarity.

Contact WhizLegal today to schedule a consultation and discover how we can assist you with your civil legal needs as an NRI in India. Your peace of mind is our priority, and we are committed to delivering superior legal solutions that exceed your expectations every time.

For more information visit our website: www.whizlegal.com

[whizlegal]

Law consultant for NRI in India | Whizlegal

Seeking Law consultant for NRIs in India? Look no further than Whizlegal. Our expert law consultants specialize in providing comprehensive services tailored to the unique needs of non-resident Indians. From property disputes to investment advice, trust Whizlegal for reliable solutions. Contact us today.

For more information visit our website: www.whizlegal.com

[vrassociateslawfirm]

Divorce Cases with Added Layers of Complexities

When property matters are involved the divorce process becomes challenging. For people  residing in metros get expert legal advice easily. Whereas people who reside in the NCR region or other distant areas, getting the best divorce lawyers is challenging.

Thankfully, if you belong to Gurgaon or nearby areas, then getting the right legal advice is easy. Here, VR Associates Law Firm stands out tall with proficiency and understanding, especially for those seeking divorce lawyer Gurgaon services.

Understanding the Complexities of Property in Divorce

Divorce not only ends a marriage but it also affects property rights too. It won't be wrong to state that divorce is emotionally taxing and financially complicated. One of the first hurdles is property division.

Property purchased or created post marriage is divided whereas assets which are acquired before marriage remain with the individual. Remember, the division is rarely straightforward, necessitating the intervention of skilled divorce attorneys.

At VR Associates Law Firm, we understand that every real estate asset and retirement account carries its own set of challenges in valuation and division. As the best divorce lawyers in Gurgaon, our team is highly experienced to handle such complexities.  Our team brings clarity to the valuation process, ensuring fairness and transparency.

Debt Allocation and Tax Implications

Divorce often brings the daunting task of debt division. It’s not just about splitting assets; it’s about shouldering joint financial responsibilities, from mortgages to credit card debts. The division strategy has to be equitable, considering both parties' ability to pay. Moreover, the tax implications of asset division are a critical aspect often overlooked. Without expert guidance, one might find themselves facing unexpected tax liabilities.

Our team at VR Associates is well-versed in these intricacies. We provide comprehensive counsel, from the initial asset and debt analysis to understanding the tax repercussions of each decision.

Catering to NRI Legal Services in India

For Non-Resident Indians (NRIs) grappling with divorce, the challenges are manifold. The legal landscape changes when one or both partners reside outside India. At VR Associates, we specialize in NRI legal services in India, offering tailored solutions that address cross-border legal nuances. Whether it’s dealing with property situated in India or understanding the implications of foreign divorce decrees, our expertise is comprehensive and globally informed.

The Emotional Dynamics of Divorce

Beyond the financial and legal complexities, there's an emotional dimension to divorce. Issues like custody of children and division of the family home are not just legal decisions; they are deeply personal ones. The best divorce attorney near you understands this. At VR Associates, we approach each case with sensitivity and empathy, acknowledging the emotional weight carried by our clients.

Future-Focused Legal Strategy

Divorce is not just about closing a chapter; it's about laying the groundwork for the future. Our approach is not only to navigate the present complexities but also to set our clients on a path towards a stable financial future. We consider long-term impacts, from retirement plans to future liabilities, ensuring that our clients emerge from the process with a clear road map for their new life.

Let VR Associates Law Firm, the Best Divorce Lawyer in Gurgaon Help You

Facing the complexities of divorce, especially when property matters are involved, requires deep understanding of the legal and human understanding. Here, VR Associates Law Firm stands out as a leader in this field, offering unparalleled service and expertise, particularly for those searching for 'best divorce attorney near me' or requiring NRI legal services in India. With us, you’re not just hiring a lawyer, instead,  you’re gaining a partner who will guide you through every twist and turn of your divorce journey.

[tipslegal]

Tips to select the best NRI lawyers in Mumbai

It can be hard to select the best NRI lawyers in Mumbai, but it is important to ensure that your legal matters are handed effectively. Tips Legal describes how to choose the best NRI lawyer, including information on their specializations, qualifications, types of property cases managed, costs, unique strategies, and availability to meet past clients.

How to choose the best NRI lawyers in Mumbai

Selecting the best NRI lawyers in Mumbai is a substantial option that should be mindfully considered. Consider the fees and get a clear breakdown of the costs involved, get a lawyer that specializes in the specific legal problem you require help with, look for an attorney that has experience managing property cases, select a lawyer with particular plans to manage your case, and ask if it is possible to talk to some of their past clients to better realize their experience.

Experience is the secret

One of the most vital things that you should take into consideration while choosing NRI divorce lawyers in India is experience. An attorney is more effectively able to manage our legal worries the more experience they have. Get an attorney that has won cases in the past or years of proficiency representing the clients.

Conclusion

It may be hard to select the best NRI legal service in Mumbai, but it is required to ensure that your legal matters are handed efficiently. While looking for an NRI lawyer, take into consideration the individual’s experience, area of specialization, property types, prices, unique approaches, and availability of the past clients. Finally, the result of your legal matters can be tremendously impacted by your choice of NRI lawyer. You can select the best NRI lawyer at Tips Legal to manage your legal worries efficiently and effectively by taking into consideration the advice provided here.

[mylawyeradvise]

Government Incentives, Schemes and Packages for Foreign Direct Investments (FDI) in IT and IT Enabled Services: Best FDI Attorney Advice in India

FDI promotes growth through increasing technical efficiency and, more broadly, the effectiveness of resources used in the recipient economy, in addition to the first macroeconomic stimulus mostly from real investment. The Central government and the State government has brought up many new schemes and initiatives in order to boast the IT industry.

[ksleagl]

Best Lawyers for NRI legal services in India experts in assisting, managing & resolving legal issues like property disputes, divorce, Banking & financial frauds

[vakilsearch01]

How to save income tax in India (for NRI and Resident Taxpayers)

One of the most effective ways to save on tax payments on income earned in a given year is to plan your tax payments appropriately. Income tax act allows deductions for a variety of investments, savings schemes, and expenditures. Through these major tax deduction schemes, you can save nri taxation in india.

Getting a lower TDS certificate and saving tax can be accomplished by scheduling a call with an NRI tax expert.

12 simple ways to save income tax in India

Tax savings options available under various sections of the Income Tax Act include:

1.     Investment options under Section 80C 

2.     These are the most popular tax-saving options for both NRIs (Non-Resident Indians) and local taxpayers. An investment or expense can be deducted up to Rs. 1.5 lakh under Section 80C of the Income Tax Act.

3.     Investing in tax-saver FDs allows you to get a deduction of up to 1.5 lakh rupees. It is taxable in India to earn interest on both domestic and NRO fixed deposits. Thus, NRIs who earn interest on NRO fixed deposits can also claim a deduction of up to Rs. 1,50,000. 

4.     The public provident fund (PPF) allows deductions up to Rs. 1.5 lakh u/s 80C, so you can invest in one to save income tax. Public provident funds can be accessed at most banks and post offices. It is common for PPF accounts to have a lock-in period of 15 years. 

5.     PPF accounts are not available to NRIs, but if you opened the account before becoming an NRI, you can continue to hold it until maturity.

6.     Investing in National Savings Certificates (NSC) offers many tax benefits in addition to its fixed income nature. Currently, the NSC offers a compounded interest rate of 6.8%. Tax benefits are available under Section 80C on investment amounts and interest earnings.

7.     When an NSC account holder becomes an NRI during the account's lifetime, the account can continue until maturity without being repatriated.

8.     ELSS Funds are one of the most popular ways for investors to deduct their investments from taxes. Mutual funds focusing on equity investments normally invest at least 80% of their assets in equity. India allows residents as well as foreigners to invest in ELSS funds in order to reduce their taxable income.

9.     In such cases, the returns will be subject to LTCG taxes at 10%. It is possible to claim up to a maximum deduction of Rs. 1.5 lakh per financial year. In addition to NRIs, normal residents are entitled to the tax exemption under section 80C as well. 

10.  Life insurance premiums up to Rs. 1.5 lakhs are tax deductible for the premiums of ULIPs, term insurance, and endowment policies as long as the insurance coverage exceeds 10 times the annual premium. 

11.  NPS (National Pension System): You can deduct contributions toward NPS up to Rs. 1.5 lakh from your income. The National Pension Scheme also accepts contributions from NRIs.  

12.  Contributions to Employee Provident Funds (EPF) count towards Section 80C's limit of Rs. 1.5 lakh. Repayment of housing loans can be deducted from income up to Rs. 1.5 lakh per year.

 Tax savings schemes other than Section 80C

Besides deductions under Section 80C, Section 80 of the IT Act provides a variety of deductions for saving income taxes.

Section 80D allows a deduction of up to 25,000 rupees for premiums paid for medical insurance. For senior citizens, this amount is Rs. 50,000. The deduction can be claimed by a person paying premium for himself and for his senior citizens parents up to Rs. 75,000 a year. 

Tax deduction on home loan interest: A home loan interest payment is tax deductible up to Rs. 2 lakh per annum under Section 24 of the Income Tax Act. As part of the regulations under section 80EE of the Income Tax Act, you can deduct interest on home loans up to Rs. 50,000. 

Earnings from foreign earnings deposited in NRE accounts: NRIs can deposit foreign earnings in their NRE accounts in India and earn interest on them. India taxes interest earned on NRE savings accounts and fixed deposits. Non-residents can therefore save income tax by saving funds in an NRE account. 

Those notified of charitable donations are eligible to deduct their donations. A charitable contribution cannot exceed a certain amount in terms of tax deduction. There is a limit of 50% of your donation to NGOs as well as a maximum of 10% of your adjusted household income for most donations.  

Income tax in India can be saved in a variety of ways, but understanding the tax laws can be challenging, especially for NRIs due to a complicated tax system. There is a possibility that NRIs will miss out on deductions and other benefits. We understand the struggle you are facing at SBNRI. 

The SBNRI App lets you connect with our NRI Tax Experts to learn about new TDS and TCS rules for NRIs. Our team will also assist you with the NRI tax filing process from start to finish. 

Moreover, SBNRI will assist you in obtaining a lower TDS certificate in order to reduce the tax payable. If you have any questions, you can also click the button below. More information is available on our blog and YouTube channel.

[legalfirminindia-blog]

"Facing NRI Property Disputes? Get the best legal assistance from Ahlawat & Associates, the leading NRI Legal Services India firm. Our experienced lawyers offer personalized solutions to protect your rights and assets. read blog today!"

[filfoxsharesolutions]

Filfox Share Solutions specializes in the recovery of unclaimed and lost shares in India. With our expert team and advanced technology, we can help individuals and companies track down their assets and ensure they are rightfully returned. Trust us to handle your share recovery process with professionalism and efficiency.

Visit here: https://www.filfoxsharesolutions.com/

[brand-registration]

Non-resident Indians and their deductions and exemptions

The income of NRIs can also be deducted or exempted in the same manner as that of residents. Read to know more about nri taxation in india. Here are a few that have been discussed:

Deductions under Section 80C

It is also possible for NRIs to deduct most of the expenses under Section 80. A maximum deduction of Rs 1.5 lakh is allowed under Section 80C for FY 2020-21.

Of the deductions under Section 80C, those allowed to NRIs are:

i. Premiums must be paid in the NRI's name or in the name of their spouse or any child (child may be dependent or independent, minor or major, married/unmarried). In order to qualify, the premium must be less than ten percent of the sum assured.

ii. Fees paid to schools, colleges, universities, or other educational institutions in the State of Two children may receive full-time education in India (including play school, pre-nursery, and nursery).

iii. Deduction is allowed for principal repayments on loans taken for buying or constructing residential properties. A deduction is also allowed for stamp duty, registration fees, and other expenses incurred by the NRI in transferring the property.

iv. A unit-linked insurance plan (ULIP) is sold with life insurance cover for deduction under Section 80C of the Income Tax Act. It includes contributions to the unit-linked insurance plans of mutual funds, such as the Dhanraksha 1989 plan and other UTI unit-linked insurance plans.

v. Investments in ELSS: ELSS has been the most preferred option in recent years as it allows you to claim a deduction under Section 80C up to Rs 1.5 lakh, it offers the EEE (Exempt-Exempt-Exempt) benefit As these funds invest primarily in equity markets in a diversified manner, they provide a positive tax benefit to taxpayers.

Other allowable deductions

Besides the deduction that an NRI can claim under Section 80C, they are also eligible to claim various other deductions under the income tax laws, which have been discussed here:

Deduction from house property income for NRIs

NRIs can claim all the deductions available to a resident, including parents’ insurance deductions from income from house property for a house property purchased in India. Deduction towards property tax paid and interest on home loan deduction is also allowed. You can read about house property income in detail here.

Deduction under Section 80D

NRIs are allowed to claim a deduction for the premium paid for health insurance. This deduction is available up to Rs 25,000 in the case for insurance of self, spouse, and dependent children. In addition, an NRI can also claim a deduction for parents’ insurance (father or mother or both) up to Rs 25,000.

However, the deduction limit is set up to Rs 50,000 if the insurance premium is paid for resident senior citizens (self, family and parents). Hence, insurance premium paid for senior citizen NRIs cannot be claimed under Section 80D.

Within the existing limits allowed, a deduction of up to Rs 5,000 for preventive health check-ups are also available. Moreover, medical expenditure of up to Rs 50,000 incurred for resident senior citizens can also be claimed within the existing limits of Section 80D. However, the person on whom the medical expenditure is incurred should not be covered under any health insurance policy.

Deduction under Section 80E

Under this section, NRIs can claim a deduction of interest paid on an education loan.

This loan may have been taken for higher education for the NRI, NRI’s spouse, children, or a student for whom the NRI is a legal guardian.

There is no limit on the amount which can be claimed as a deduction under this section. The deduction is available for a maximum of eight years or till the interest is paid, whichever is earlier. The deduction is not available on the principal repayment of the loan.

Deduction under Section 80G

NRIs are allowed to claim a deduction for donations for social causes under Section 80G. Here are all the donations which NRI can claim under Section 80G.

Deduction under Section 80TTA

Non-resident Indians can claim a deduction on income from interest on savings bank accounts up to a maximum of Rs 10,000 like resident Indians.

This is allowed on deposits in savings accounts (not time deposits) with a bank, co-operative society or post office and is available starting FY 2012-13.

Deductions not allowed to NRIs

Some investments under Section 80C:

Investment in PPF is not allowed (NRIs are not allowed to open new PPF accounts. However, PPF accounts that are opened while they are a resident are allowed to be maintained)

Investments in National Savings Certificates (NSCs)

Post office 5-year deposit scheme

Senior Citizen Savings Scheme (SCSS)

Deduction for the differently-abled under Section 80DD

Deduction under this section is for maintenance, including medical treatment, of a handicapped dependent (a person with a disability as defined in this section). Such deduction is not available to NRIs.

Deduction for the differently-abled under Section 80DDB

Deduction under this section towards medical treatment of a dependent who is disabled (as certified by a prescribed specialist) is available only to residents.

Deduction for the differently-abled under Section 80U

Deduction for disability where the taxpayer himself has a disability as defined in the section is allowed only to resident Indians.

[whizlegalnoida]

Tax law consultants for NRI in India | Whizlegal

In today’s globalized economy, Non-Resident Indians (NRIs) often face unique challenges when it comes to taxation in India. From understanding complex regulations to complying with reporting requirements, navigating Tax law consultants for NRI in india. That’s where WhizLegal steps in as your trusted ally, offering expert guidance and support as leading tax law consultants for NRIs in India.

Expertise in Indian Taxation

At WhizLegal, we boast a team of seasoned tax law consultants for NRI in india with in-depth knowledge and expertise in Indian taxation laws and regulations. Whether you’re an NRI seeking guidance on income tax, property tax, or international tax matters, you can rely on our experienced professionals to provide comprehensive solutions tailored to your specific needs and objectives.

Comprehensive Tax Planning

Effective tax planning is essential for NRIs looking to minimize their tax liabilities and maximize their financial efficiency. Our team at WhizLegal specializes in crafting personalized tax strategies designed to optimize your tax position while ensuring compliance with applicable laws and regulations. Whether you’re investing in Indian assets, earning income in India, or planning for retirement, we can help you navigate the complexities of Indian taxation with confidence and peace of mind.

Compliance and Reporting Assistance

Navigating the maze of tax compliance requirements can be daunting, especially for NRIs who may not be familiar with Indian tax laws and regulations. At WhizLegal, we offer comprehensive compliance and reporting assistance to ensure that you meet all your tax obligations in a timely and accurate manner. From filing tax returns to obtaining tax residency certificates, our team is dedicated to making the process as smooth and hassle-free as possible for our NRI clients.

International Taxation Expertise

As cross-border taxation specialists, we understand the complexities involved in managing tax liabilities across multiple jurisdictions. Whether you’re dealing with issues related to double taxation, foreign tax credits, or tax treaties, our experts at WhizLegal can provide you with the guidance and support you need to navigate international tax matters with confidence and clarity.

Transparent and Responsive Service

At WhizLegal, we prioritize clear and transparent communication with our clients, ensuring that you are kept informed and involved throughout the entire tax planning and compliance process. Whether you have questions about your tax obligations or need assistance with a specific tax issue, our team is committed to providing responsive and accessible service whenever you need it.

Trust WhizLegal for Your Taxation Needs

When it comes to tax law consultants for NRIs in India, WhizLegal stands out as a trusted partner you can rely on for expert guidance and support. With our expertise in Indian taxation, comprehensive tax planning services, compliance and reporting assistance, international taxation expertise, and transparent communication, we are committed to helping you navigate the complexities of Indian tax law with confidence and peace of mind.

Contact WhizLegal today to schedule a consultation and learn more about how we can assist you with your taxation needs as an NRI in India. Your financial well-being is our top priority, and we are here to help you achieve your tax goals efficiently and effectively.

For more information visit our website: www.whizlegal.com

[whizlegal]

Law consultant for NRI in India | Whizlegal

Introduction:

Are you an Non-Resident Indian (NRI) seeking legal assistance in India? Whether it's property matters, estate planning, or any legal concerns, navigating the Indian legal landscape from abroad can be challenging. But fear not! Whizlegal is here to be your trusted ally in ensuring your legal affairs in India are handled with expertise and precision. In this comprehensive guide, we'll explore how Whizlegal serves as your dedicated law consultant for NRIs in India, providing tailored solutions to meet your unique needs.

Understanding the Need: As an NRI, you may face various legal complexities related to property management, inheritance, taxation, and more in India. These matters often require timely and informed decisions, which can be daunting when you're miles away. Whizlegal recognizes these challenges and offers Law consultant for NRI in india to bridge the gap between you and the Indian legal system.

Expertise at Your Fingertips: At Whizlegal, we boast a team of seasoned legal professionals with extensive experience in handling diverse issues concerning NRIs. Our experts possess in-depth knowledge of Indian laws and regulations, enabling them to offer law consultant for NRI in india, sound advice and effective solutions tailored to your specific circumstances.

Services Offered:

Property Consultation: Whether you're buying, selling, or managing property in India, our experts provide comprehensive guidance to ensure a smooth transaction process. From title verification to documentation assistance, we've got you covered.

Estate Planning: Planning your estate requires careful consideration of legal formalities and tax implications. Whizlegal offers personalized estate planning services to help you safeguard your assets and ensure your wishes are upheld.

Legal Representation: In case of legal disputes or litigation matters, our proficient lawyers represent your interests in Indian courts, striving for favorable outcomes while keeping you informed at every step.

Taxation Assistance: Understanding and complying with Indian tax laws can be complex. Our tax experts provide clarity on your tax obligations, helping you optimize your financial affairs while staying compliant with regulatory requirements.

Client-Centric Approach: At Whizlegal, client satisfaction is our top priority. We understand that each client's situation is unique, and we strive to deliver bespoke solutions that align with your objectives and preferences. Our proactive communication ensures you're always kept informed and empowered to make informed decisions.

Why Choose Whizlegal?

Expertise: Benefit from the knowledge and experience of seasoned legal professionals specialized in NRI matters.

Personalized Solutions: Receive customized legal solutions tailored to your specific needs and goals.

Transparency: We believe in transparent communication, providing clarity on processes, timelines, and costs from the outset.

Convenience: Access our services conveniently from anywhere in the world, with seamless communication channels and digital documentation facilities.

Conclusion:

Navigating the intricacies of Indian law as an NRI doesn't have to be overwhelming. With Whizlegal as your trusted law consultant, you can have peace of mind knowing that your legal affairs in India are in capable hands. Whether you're planning your estate, managing property, or facing legal challenges, we're here to support you every step of the way. Contact Whizlegal today to unlock expert legal guidance tailored to your needs.

For more information visit our website: www.whizlegal.com

[seo1nktech]

Marriage disputes law firms for NRI in India

Marriage disputes law firms for NRI in India are legal firms that specialize in handling various issues and disputes related to marriages involving NRIs. These law firms deal with a range of matters that arise when NRI individuals or their families encounter problems within their marriages, such as divorce, annulment, separation, dowry harassment, domestic violence, child custody, and property disputes. Being a best legal firm for NRI in India we provide all type of help regarding family law.

Services provided by marriage disputes law firms for NRIs may include:

Divorce Proceedings: Assisting NRIs in obtaining divorce decrees, either through contested litigation or mutual consent.

Annulment of Marriage: Handling cases where an NRI seeks to have their marriage declared null and void.

Domestic Violence Cases: Representing NRIs who are victims of domestic violence and seeking protection orders or legal recourse.

Dowry Harassment Cases: Providing legal assistance to NRIs involved in dowry-related disputes.

Child Custody and Support: Dealing with matters related to child custody, visitation rights, and child support for NRI parents

[shaifalimodi]

Investing in commercial real estate in India can be an attractive option for non-resident Indians (NRIs) based outside of the country. Factors such as increasing urbanization, the rise in disposable incomes, and the growth of the services sector are driving the growth of the real estate market in India. The commercial real estate sector of India is witnessing a shift towards Grade A and Grade B office spaces. According to a report, India’s real estate market is expected to exhibit a growth rate (CAGR) of 9.2% during 2023-2028. Also Read: Complete guide to legal and regulatory guidelines for NRI investments in properties in India

Investing in commercial real estate in India

Some of the strong reasons for investing in commercial real estate in India as an NRI are –

High Return on Investment (ROI): Commercial properties in India can provide a high return on investment, especially if the property is located in a prime location. A good location attracts good tenants, leading to higher rental income and capital appreciation. Some of the sacredlands current commercial projects propose new leasing models which promise guaranteed returns for several years on your real estate properties.

Diversification of Portfolio: Commercial real estate can be a great addition to an NRI’s investment portfolio, especially for those who are looking for diversification beyond traditional investment options such as stocks and bonds.

Long-term Value: Commercial properties are often long-term investments, which means that they can provide stable income and appreciate in value over time. This makes them a good option for NRIs looking for a stable investment that can provide a steady stream of income for years to come.

Tax Benefits: Investing in commercial real estate in India can provide tax benefits, such as depreciation deductions and deductions for interest paid on loans taken to purchase the property. These tax benefits can help reduce the overall tax liability for NRIs.