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Deals offering easy payment plans with instalments over years may violate FEMA. Regulations permit remittance of $250,000 per individual annually for property purchases abroad.

United kingdomJammu and kashmirUnited arab emiratesHarshal bhutaMitil chokshiSiddharth banwatPr bhuta coForeign exchange management actS banwat associatesRepresentative imageRepresentative imagefrequentReserve bankGolden visaRemittance schemeReserve bank of indiaS banwat amp associates llp