Investment by Foreign Nationals

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

29 October 2010 1) How a foreign national can be a stake holder in a company.
2) How can he invest money, i.e. how can he send the money to India (from America) and how we can send it back when the work is done.

The sector this question applys for is real estate and construction.

taxindiaconnect

taxindiaconnect (Expert)
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29 October 2010 Real estate sector is a regulated sector, so various restriction apply for investment in this sector. However the investment route / process is same as for an resident Indian , through banking channel payment, the NR can purchase shares in an existing company, can form a new company in India , can invest through a firm in India, individual name or can purchase the property directly in his name subject to various conditions under FEMA. The repatriation has several route, such as divided distribution, sale of property / shares and take the money back. This is a very short answer to your wide query, if you want to know more, please send a detailed mail.

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Querist : Anonymous

Querist : Anonymous (Querist)

04 November 2010 I Have an Infrastructure Company in which some NRIs are interested in lending/Investing money upto 1 million $, so now pl quide me about how to proceed with the inflow and after that with the statutory compliances.

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