Can a resident Indian legally buy property in Dubai?
Yes. Purchase of immovable property outside India is a permitted transaction under the RBI's Liberalised Remittance Scheme, provided it is funded within your annual limit and complies with FEMA. The property is held in your own name; no RBI pre-approval is needed for a purchase within the scheme.
How much can I send in a year?
USD 250,000 per resident individual per financial year (April to March), covering all LRS remittances combined, not just property. A couple can pool two limits — USD 500,000 — if both are registered as co-owners of the property. Payment plans on off-plan units mean many purchases are spread across two or three financial years by design.
What is TCS, and do I lose that money?
Tax Collected at Source applies at 20% on LRS remittances for property or investment above ₹10 lakh in a financial year. Your bank collects it at the point of transfer. It is a tax credit, not a fee — it is set against your Indian income tax liability and refunded if you have overpaid. Budget for the cash-flow effect, not for a permanent loss.
Will I pay tax in India on the rental income?
If you are tax-resident in India, your global income is taxable in India, including Dubai rent, and the property must be disclosed in the foreign assets schedule of your return. The UAE levies no personal income tax on that rent, and the India–UAE double taxation avoidance agreement governs how the two systems interact. NRIs are treated differently again. We are brokers, not tax advisers — take this to your chartered accountant before you buy.
Can I get a mortgage as a non-resident?
Yes. Several UAE banks lend to non-resident buyers, typically at a lower loan-to-value than they offer residents, with the balance funded from your own remittance. Terms vary by bank, nationality and property, so we get you an indicative offer before you commit to a unit rather than after.
Do I have to travel to Dubai at any point?
No. Booking, SPA signature and registration can all be completed from India, with a consulate-attested power of attorney covering anything requiring physical presence. Golden Visa issuance does require one short trip for biometrics and a medical — and most clients want to see the building anyway.