Foreign owned property in Goa, (Part One)

goangoangone · Jun 10th, 2006, 12:13

Steve and June · Jun 11th, 2006, 15:55

Seems to me you're all missing the point. When somebody retires, buys a house in Goa, pays all the taxes to the Indian Government, pays for the solicitor's services, lives in Goa for six months every year, pays their utility bills, eats in restaurants, to which they have probably gone by taxi, buys furniture etc for their house and has friends come over to visit and do the same to me that's all contributing to the Goan - and Indian - economy raising everybody's standard of living.

What's wrong with that?

Nick-H · Jun 11th, 2006, 16:05

Read the earlier posts, especially my No 18.

Thing is, there is not one point, but several --- and I think you have missed one or two yourselves.

(Welcome to IM

)

Steve and June · Jun 11th, 2006, 20:04

Quote:

Originally Posted by Nick-H

Read the earlier posts, especially my No 18.

Thing is, there is not one point, but several --- and I think you have missed one or two yourselves.

(Welcome to IM

)

But you don,t say what !Alot of people seem to be scaremongering !Scaring alot of people who have invested hard earned money in Goa.Making people feel guilty about wanting to live there. Whether indefinitely or for six months !
I certainly have never been made to feel unwelcome over there .

capt_mahajan · Jun 11th, 2006, 20:23

steve and june,

maybe nothing is wrong with that. and maybe that is the way it should be, though i may debate the value of outsiders contributing to the economy while property prices go out of the reach of the ordinary Indian/Goan,, but thats not my point.

all i am saying is glance at the law sometime, too.

Nick-H · Jun 11th, 2006, 21:08

But you don,t say what !

Errr, you read my post?
A lot of people seem to be scaremongering!
Nobody,here at least, is scaremongering. What they are doing is reporting stuff that is happening in Goa. This is stuff that people who own property there will want to know about, and it is stuff that anyone contemplating property purchase there certainly should know about.

Property developers the world over have ways of getting around the law, and sometimes this backfires. Governments around the world have ways of taking things off people too -- it can and does happen, I saw a news item about somewhere in spain where property was developed and sold, and the planning permission is now being revoked.

There are many issues that can be discussed regarding ex-pat communities, and we have talked a little about some of the positive and negative economic factors. I don't remember any guilt trips.

I'd be the last person to blame anyone for wanting to live in India: check out my "location" ! I'm currently renting property, residing, within the law, in India.

I hope soon to buy property, in partnership with my Indian Citizen wife --- which, again, will be an entirely legal thing to do. There shouldn't need to be any work arounds, anything complex at all; but I'm having a good talk with a lawyer first! And if anyone posts anything here that might have a bearing on my situation I'm most certainly going to want to read it.

karen and cliff · Jun 11th, 2006, 21:13

I agree with Steve and June these houses that are being bought by foreigners in Goa are not your typical Goan house
do we blame the Indians in Britain for pushing up the house prices NO
I think who ever has opened this can of worms should think first about the revenue it will bring to Goa We have spoken to lots of Goans and friend who think it's great that British people are buying property in Goa
Karen and Cliff

colin c · Jun 11th, 2006, 23:58

it seems to me that people are getting a little bit hot under the collar here ,
as i understand it the problem is not even the people that have bought , the problem has arisen due to the corruption in the local goverment offices and ruthless people selling property illegaly conning the buyers into beleiving that they are not doing anything wrong .
since no doubt these people will live to con another day the people who in a lot of cases didnt know they where doing any thing wrong to foot the bill .
this is nothing new , its been going on for years , all over the world , as qouted in spain , even here in turkey , now all agents are supposed to be responsible for making sure sales are legal .
and i do actually know of one case that is in the courts here where a house was sold on 3 plots , none of which belonged to the builder .
and its the agent in court .
as to what the goverment choose to do in india i wait with baited breath .
as i am one of those people who would love to live in goa .
colin

goangoangone · Jun 12th, 2006, 00:29

Did anyone register their property illegally? If so, then you must have "paid" to have it done. If that's the case, and the authorities carry out their threats, then you'll probably have to pay again.

This is about legal and illegal. There is no problem with foreigners who meet the Goverment's requirements.

goangoangone · Jun 12th, 2006, 00:35

Quote:

Originally Posted by karen and cliff

I agree with Steve and June these houses that are being bought by foreigners in Goa are not your typical Goan house
do we blame the Indians in Britain for pushing up the house prices NO
I think who ever has opened this can of worms should think first about the revenue it will bring to Goa We have spoken to lots of Goans and friend who think it's great that British people are buying property in Goa
Karen and Cliff

Indians have not pushed up house prices in Britain.

If you read the information on this thread you'll see that it's Nationalist Youth Congress (NYC) President Rajan Ghate who is your worm man.

goangoangone · Jun 12th, 2006, 00:39

Quote:

Originally Posted by Steve and June

Seems to me you're all missing the point. When somebody retires, buys a house in Goa, pays all the taxes to the Indian Government, pays for the solicitor's services, lives in Goa for six months every year, pays their utility bills, eats in restaurants, to which they have probably gone by taxi, buys furniture etc for their house and has friends come over to visit and do the same to me that's all contributing to the Goan - and Indian - economy raising everybody's standard of living.

What's wrong with that?

That's only 50% commitment.

Nick-H · Jun 12th, 2006, 01:49

Quote:

Originally Posted by karen and cliff

do we blame the Indians in Britain for pushing up the house prices NO

Do we blame the retirees and holiday-home owners in rural areas for pushing up property prices in UK? YES.

And Hey, you guys: IM accounts are not rationed,you know... you can have one each!

karen and cliff · Jun 12th, 2006, 01:51

Quote:

Originally Posted by goangoangone

Indians have not pushed up house prices in Britain.

If you read the information on this thread you'll see that it's Nationalist Youth Congress (NYC) President Rajan Ghate who is your worm man.

Read my message what I said was that we in Britain don't blame the Indians who live here for bumping up house prices so why should the NYC blame the forieners who want to buy in Goa for bumping up house prices that they can't afford anyway
As I said the type of houses we are buying in Goa are not the typical type houses that the Goans want these are on complexs with pools gyms restauants
Most of the Brits who are buying in Goa have bought on the advice of Goan Advocates and Bitish agents
What will happen if all the Brits decide to pull out who the hell will they sell to
most of these are off plan and about half built do any of you think the Goan people will buy them No I don't think so
So they will be left half finished building sites
I also think that a lot of you are just scare mongering If people have done every thing their Advocate and British agents have suggested then I have been assured by both that their is no problem We have done nothing illegal
Karen and Cliff

karen and cliff · Jun 12th, 2006, 01:58

Quote:

Originally Posted by Nick-H

Do we blame the retirees and holiday-home owners in rural areas for pushing up property prices in UK? YES.

And Hey, you guys: IM accounts are not rationed,you know... you can have one each!

Not sure where in Britain your from but we certainly don't blame the retirees here in Birmingham for pushing up house prices because they have worked hard all their lives and are fortunate enough to own a holiday home good luck to them
Karen Cliff

Nick-H · Jun 12th, 2006, 04:08

In my posts I have refferred to "rural areas" and to "Cornwall".

Not exactly Birmingham. Does anybody buy holiday homes in Birmingham? House prices in eg London and other big cities are in a completely different economy.

I very much hope that nothing bad happens to any of you guys with property in Goa (or elsewhere in India). I live here too!

Jun 10th, 2006, 12:13	#31
goangoangone What happened? Join Date: Aug 2004 Location: Goa Posts: 1,953	Around 50 plots bought by foreigners in Bardez http://oheraldo.in/node/15012 __________________ GoanGoan......here

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Jun 11th, 2006, 15:55	#32
Steve and June Member Join Date: Jun 2006 Location: Manchester ,United Kingdom Posts: 37	Seems to me you're all missing the point. When somebody retires, buys a house in Goa, pays all the taxes to the Indian Government, pays for the solicitor's services, lives in Goa for six months every year, pays their utility bills, eats in restaurants, to which they have probably gone by taxi, buys furniture etc for their house and has friends come over to visit and do the same to me that's all contributing to the Goan - and Indian - economy raising everybody's standard of living. What's wrong with that?

Jun 11th, 2006, 16:05	#33
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,173	Read the earlier posts, especially my No 18. Thing is, there is not one point, but several --- and I think you have missed one or two yourselves. (Welcome to IM )

Jun 11th, 2006, 20:23	#35
capt_mahajan Infidel Sufi Join Date: Sep 2005 Location: styx Posts: 13,600	steve and june, maybe nothing is wrong with that. and maybe that is the way it should be, though i may debate the value of outsiders contributing to the economy while property prices go out of the reach of the ordinary Indian/Goan,, but thats not my point. all i am saying is glance at the law sometime, too.

Jun 11th, 2006, 21:08	#36
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,173	But you don,t say what ! Errr, you read my post? A lot of people seem to be scaremongering! Nobody,here at least, is scaremongering. What they are doing is reporting stuff that is happening in Goa. This is stuff that people who own property there will want to know about, and it is stuff that anyone contemplating property purchase there certainly should know about. Property developers the world over have ways of getting around the law, and sometimes this backfires. Governments around the world have ways of taking things off people too -- it can and does happen, I saw a news item about somewhere in spain where property was developed and sold, and the planning permission is now being revoked. There are many issues that can be discussed regarding ex-pat communities, and we have talked a little about some of the positive and negative economic factors. I don't remember any guilt trips. I'd be the last person to blame anyone for wanting to live in India: check out my "location" ! I'm currently renting property, residing, within the law, in India. I hope soon to buy property, in partnership with my Indian Citizen wife --- which, again, will be an entirely legal thing to do. There shouldn't need to be any work arounds, anything complex at all; but I'm having a good talk with a lawyer first! And if anyone posts anything here that might have a bearing on my situation I'm most certainly going to want to read it.

Jun 11th, 2006, 21:13	#37
karen and cliff Member Join Date: May 2006 Location: United Kingdom Posts: 14	I agree with Steve and June these houses that are being bought by foreigners in Goa are not your typical Goan house do we blame the Indians in Britain for pushing up the house prices NO I think who ever has opened this can of worms should think first about the revenue it will bring to Goa We have spoken to lots of Goans and friend who think it's great that British people are buying property in Goa Karen and Cliff

Jun 11th, 2006, 23:58	#38
colin c Senior Member Join Date: Aug 2005 Location: turkey Posts: 100	it seems to me that people are getting a little bit hot under the collar here , as i understand it the problem is not even the people that have bought , the problem has arisen due to the corruption in the local goverment offices and ruthless people selling property illegaly conning the buyers into beleiving that they are not doing anything wrong . since no doubt these people will live to con another day the people who in a lot of cases didnt know they where doing any thing wrong to foot the bill . this is nothing new , its been going on for years , all over the world , as qouted in spain , even here in turkey , now all agents are supposed to be responsible for making sure sales are legal . and i do actually know of one case that is in the courts here where a house was sold on 3 plots , none of which belonged to the builder . and its the agent in court . as to what the goverment choose to do in india i wait with baited breath . as i am one of those people who would love to live in goa . colin

Jun 12th, 2006, 00:29	#39
goangoangone What happened? Join Date: Aug 2004 Location: Goa Posts: 1,953	Did anyone register their property illegally? If so, then you must have "paid" to have it done. If that's the case, and the authorities carry out their threats, then you'll probably have to pay again. This is about legal and illegal. There is no problem with foreigners who meet the Goverment's requirements.

Jun 12th, 2006, 04:08	#45
Nick-H This is just a cameo appearance Join Date: Oct 2004 Location: Chennai, India Posts: 36,173	In my posts I have refferred to "rural areas" and to "Cornwall". Not exactly Birmingham. Does anybody buy holiday homes in Birmingham? House prices in eg London and other big cities are in a completely different economy. I very much hope that nothing bad happens to any of you guys with property in Goa (or elsewhere in India). I live here too!