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Currently on PR buying agriclutural land
Posted: Wed Dec 11, 2013 3:33 pm
by krisdigitx
hi,
I am currently on PR and eligible for UK citizenship. Can i buy agricultural land in India? and is it legal?
secondly,
will there be any affect if I take citizenship and then buy?
-kx
Re: Currently on PR buying agriclutural land
Posted: Wed Dec 11, 2013 3:54 pm
by KMothPur
krisdigitx wrote:hi,
I am currently on PR and eligible for UK citizenship. Can i buy agricultural land in India? and is it legal?
secondly,
will there be any affect if I take citizenship and then buy?
-kx
Ofcourse you can buy now....
OCI holder can inherit agriculture or plantation land, but cannot acquire agriculture or plantation land.
Re: Currently on PR buying agriclutural land
Posted: Wed Dec 11, 2013 4:38 pm
by krisdigitx
KMothPur wrote:krisdigitx wrote:hi,
I am currently on PR and eligible for UK citizenship. Can i buy agricultural land in India? and is it legal?
secondly,
will there be any affect if I take citizenship and then buy?
-kx
Ofcourse you can buy now....
OCI holder can inherit agriculture or plantation land, but cannot acquire agriculture or plantation land.
thanks for the advice....