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#1 |
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Member
Join Date: Sep 2001
Location: London, England.
Posts: 9,211
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Foreign owned property in Goa, (Part One)
I've no time to search the web, but I read a story in today’s paper about foreign owned property in Goa.
There are strict rules attached to purchasing 'immovable' property in Goa, it seems that an affidavit saying that all the rules have been adhered to was enough in the past. The newspaper article (in the Asian Age) suggests that all property purchased in the last few years was going to be checked to make sure the rules WERE adhered to, any failure could result in the property being confiscated. MOD NOTE: For the exciting continuing follow-up to this saga, see also Foreign owned property in Goa, (part Two)
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. How to get helpful replies to your transport/Itinerary questions. Train information. Last edited by machadinha : May 15th, 2007 at 00:38. Reason: added cross-link |
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#2 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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Nothing has actually changed. It's just that now you'll have to make sure your documentation etc is correct, as it will be checked on. (another moneymaker)
People "buying" on Tourist Visas will still not be able to register with the RBI. ![]()
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GoanGoan......here
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#3 | |
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Administrator
Join Date: Sep 2005
Location: NY, USA
Posts: 1,743
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Quote:
http://oheraldo.in/node/14229?PHPSESSID=7aa1dd80a5036d 68efc1ff6529dbd0ab
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In pursuit of the Only truth: I Am! |
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#4 | |
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Guru
Join Date: Sep 2004
Location: Hollywood
Posts: 4,474
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Quote:
http://www.navhindtimes.com/stories....ory_ID =05142 http://oheraldo.in/node/14095 http://www.business-standard.com/com...IN&autono=1149 |
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#5 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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It also remains to be seen whether anything is actually done.
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#6 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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State to probe foreign tourists buying properties
In today's papers,
http://www.navhindtimes.com/stories.php?part=news&Story_ID =060216 ![]() Herald has been updated. Here's their take on it: http://oheraldo.in/node/14581?PHPSESSID=6637aa3b8f1047 ba93c1d315b1da8e9d Last edited by goangoangone : Jun 2nd, 2006 at 11:34. Reason: addition |
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#7 |
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Guru
Join Date: Sep 2004
Location: Hollywood
Posts: 4,474
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wow.. I have never seen the govt move at such lightning speed.
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#8 |
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Maha Guru Member
Join Date: Sep 2004
Location: Northern California
Posts: 2,082
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A number of people have posted on IM about doing this (both inquiring if it was allowed and stating that they'd already done it), and several -- I'm thinking of one in particular
-- got quite hot under the collar when told that foreigner's holding tourist visas, even 10 year tourist visas available to U.S. citizens, couldn't do this. Hope they are following these news accounts and taking steps to get their situations straightened out - altough their prospects of recovering any money from an unscrupulous seller or middleman for engaging in an illegal sale seem dim.Last edited by dzibead : Jun 3rd, 2006 at 02:52. |
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#9 |
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Maha Guru Member
Join Date: Sep 2001
Location: Land that shakes and bakes.
Posts: 3,938
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Welcome back..
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#10 |
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Maha Guru Member
Join Date: Jun 2004
Location: Bavaria
Posts: 994
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there is another article about this topic here: http://www.goacom.com/joel/news/2006/june/02june06.htm
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#11 |
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Senior Member
Join Date: May 2006
Location: Canada
Posts: 167
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mmmm...interesting.
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'Nothing will ever be attempted if all possible objections must first be overcome' - S. Johnson
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#12 | |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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Quote:
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#13 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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FEMA violating foreigners’ lands to be confiscated
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#14 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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Herald Poll
Who should be banned from buying land or running businesses in Goa?:
None 23% (38 votes) Foreigners on tourist visas 21% (35 votes) Foreigners on business visas 3% (5 votes) All foreigners 51% (84 votes) Can't Say 2% (4 votes) Total votes: 166 http://www.oheraldo.in/ ![]() |
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#15 |
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Monsoon Loon
Join Date: Aug 2004
Location: Goa
Posts: 1,504
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Officials warned against sale deeds involving foreigners
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| Thread | Thread Starter | Forum | Replies | Last Post |
| Foreign owned property in Goa, (part Two) | Nick-H | Property in India | 990 | Aug 25th, 2008 00:04 |