For immediate publication
We wish to bring you an opportunity with a difference. It is now possible for Indian investors to buy rented property in the USA though our company; homes that already have tenants and with cash flow from day one. Further, the property will be fully managed for you.
In terms of sub-section 4, of Section (6) of the Foreign Exchange Management Act (FEMA), 1999, a resident Indian is free to hold, own, transfer or invest in any immovable property situated outside India. Further, as per the Liberalised Remittance Scheme (LRS), all resident individuals, are allowed to freely remit up to US$200,000 per financial year (April – March) for any permissible current or capital account transaction or a combination of both.
The above has opened up doors for you to invest in properties that are giving you better return (11%-14%) as well as better ownership title. Needless to say that these properties are more affordable as the ticket size on investment starts at about INR 30 lac.
We are holding a seminar on this subject in order to answer all your questions and clear all your doubts, if any, relating to investment in Real Estate abroad. This seminar will be held at the C. K. Nayadu Hall, Cricket Club of India (CCI), Churchgate on Thursday, 4 April 2013. You are welcome to attend the same subject to prior registration. This seminar is FREE but registration is required. We have invited a NRI Mr. Rohit Prakash, President of American Full House, LLC, from USA to tell you about the property market there and a FEMA specialist to take your questions on the legality of such transactions.
Request you to respond at your earliest so that we can pre-register you and book your seat at the seminar.
CCI Club, CK Naidu Hall
Thursday, April 4, 2013
For seminar reservation or private meeting call 9820045133 / 9920555752 / 9930003749 or contact us via e-mail.