Tag: nriway legal guidance
NRI Property News
17-09-2022
Know the score before buying a property in India
Whether real estate market remains degrowing, NRIs tend to invest properties back in India. Most of the policies come into action by government as such GST and RERA has boosted the confidence and made a full transparency to streamline the property buying process.
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17-09-2022
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Why an Encumbrance Certificate is necessary before buying a property?
Generally Encumbrance means monetary and legal liabilities associated with it. Certificate of Encumbrance acts as a proof of legal ownership of a property. Encumbrance Certificate tells the transactions of records of a property and explains whether they had any claims. If a property has no legal claims against its title, then a property owner receives a non encumbrance certificate. Generally, banks also demand for encumbrance certificate if you apply for a home loan. Now we know better why do we need it. You can see the format of Encumbrance certificate containing seven fields. We will be discussing each of them in detail.
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16-09-2022
Best property investment tips for NRIs
The Foreign Exchange Management Act (FEMA), which is overseen by the Reserve Bank of India, governs the purchase and acquisition of immovable assets in India by non-residents (RBI). For FEMA purposes, a Non Resident Indian (NRI) is an Indian citizen who resides outside of India. OCI refers to a non-Indian citizen who was born in India or whose parents or grandparents were born there (Overseas Citizen of India). For the sake of our discussion, I will refer to both NRIs and OCIs as NRIs because they are considered equally for real estate investment. The provisions that apply to NRIs and OCIs are the focus of this discussion.
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17-09-2022
USCIS Resumes Premium Processing for all H-1B Petitions
The US Citizenship and Immigration Services resumed the premium processing of petitioners on Monday, 12 March 2019. That means it guarantees "15 days processing" otherwise USCIS will Refund premium processing fee.
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16-09-2022
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US to propose hike in h1 b application fee
On Thursday, Labor secretary Alexander Acosta told about a raise in H1 B Visa application fee. H1 B visa is a non immigrant visa using by those migrating to USA. Many of foreigners come across the world in USA to get occupations in various specialties programme.
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16-09-2022
45% more hike in green cards issuance based on merit- Trump said
Indian professionals are about to get highest benefits of Trump point based new plan. Trump's new plan to mark more Indians as permanent resident than before. Current system favors more country based quota that favors family ties for green cards.
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16-09-2022
Student Visa: Types and Uses
A foreign national seeking to enter the United States must first get a visa, either a nonimmigrant visa for a temporary stay or an immigrant visa for permanent residence. To study in the United States, you'll need a student visa. Whether you need an F visa or an M visa depends on your course of study and the sort of school you plan to attend.
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