{"id":23046,"date":"2013-08-18T10:00:46","date_gmt":"2013-08-18T04:30:46","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=23046"},"modified":"2020-06-15T03:46:59","modified_gmt":"2020-06-14T22:16:59","slug":"23046-no-property-buying-abroad-rbi","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/","title":{"rendered":"No Property Buying Abroad: RBI"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-23047\" alt=\"outflow\" src=\"https:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg\" width=\"300\" height=\"250\" \/>The Reserve Bank of India (RBI) has debarred the residents of India to buy properties abroad in a move to curb foreign exchange flows. So if you\u2019re planning to add an asset in your stature by buying a property in Singapore or Dubai then shatter the thought for now. If a resident buys a property abroad then the cash flows from India to abroad, hence the amount of outflow swells, weakening the Rupee. Thus by proposing a restriction like this, RBI expects to revitalize the weak Rupee.The overall outward remittances in May this year was $7.2 mn compared to last year\u2019s $5.9 mn. In this financial year (2013), the outflow due towards purchase of immoveable properties is about $77.7 mn. Mostly Indians buy a property outside the country because they want to hold as asset in a currency other than Rupee as an investment purpose or holiday home. Apart from real estate, cash flows in the globe for investment in equity, care of relatives and education. However properties top the list.The research firms and consultants have said that it\u2019s a bad news for those eyeing properties abroad. However it is also expected that this ban will be lifted within 2-3 months if Rupee gains its health. The people who will be affected from this proposal will be mostly High net-worth individuals (HNIs).&nbsp;<span style=\"left:100%;display:inline-block;position:fixed\"><a href=\"http:\/\/rusbankinfo.ru\/\">\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a><a href=\"http:\/\/rusbankinfo.ru\/credits.html\">\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Reserve Bank of India (RBI) has debarred the residents of India to buy properties abroad in a move to curb foreign exchange flows. So if you\u2019re planning to add an asset in your stature by buying a property in Singapore or Dubai then shatter the thought for now. If a resident buys a property [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-23046","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>No Property Buying Abroad: RBI -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No Property Buying Abroad: RBI -\" \/>\n<meta property=\"og:description\" content=\"The Reserve Bank of India (RBI) has debarred the residents of India to buy properties abroad in a move to curb foreign exchange flows. So if you\u2019re planning to add an asset in your stature by buying a property in Singapore or Dubai then shatter the thought for now. If a resident buys a property [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/gayatri.subramanian\" \/>\n<meta property=\"article:published_time\" content=\"2013-08-18T04:30:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-14T22:16:59+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg\" \/>\n<meta name=\"author\" content=\"gayatri\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"gayatri\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/\"},\"author\":{\"name\":\"gayatri\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#\\\/schema\\\/person\\\/1180a0f24df7b14521fe8fa55b2391fc\"},\"headline\":\"No Property Buying Abroad: RBI\",\"datePublished\":\"2013-08-18T04:30:46+00:00\",\"dateModified\":\"2020-06-14T22:16:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/\"},\"wordCount\":238,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2013\\\/08\\\/outflow.jpg\",\"articleSection\":[\"Realty News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/\",\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/\",\"name\":\"No Property Buying Abroad: RBI -\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2013\\\/08\\\/outflow.jpg\",\"datePublished\":\"2013-08-18T04:30:46+00:00\",\"dateModified\":\"2020-06-14T22:16:59+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#\\\/schema\\\/person\\\/1180a0f24df7b14521fe8fa55b2391fc\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#primaryimage\",\"url\":\"http:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2013\\\/08\\\/outflow.jpg\",\"contentUrl\":\"http:\\\/\\\/www.bharatestates.com\\\/blog\\\/wp-content\\\/uploads\\\/2013\\\/08\\\/outflow.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/23046-no-property-buying-abroad-rbi\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"No Property Buying Abroad: RBI\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/#\\\/schema\\\/person\\\/1180a0f24df7b14521fe8fa55b2391fc\",\"name\":\"gayatri\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/05fef446311c70b4602d4501b704f7ff0efeba003ed7d981a68b741b2d819a2c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/05fef446311c70b4602d4501b704f7ff0efeba003ed7d981a68b741b2d819a2c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/05fef446311c70b4602d4501b704f7ff0efeba003ed7d981a68b741b2d819a2c?s=96&d=mm&r=g\",\"caption\":\"gayatri\"},\"description\":\"The power of writing drives the author into exploring exciting dimensions of life. Testing new waters have always been a part of her writing expeditions. Writing becomes more enjoyable when you become one with it; this keeps her glued to capturing \u2018Whats New and In-Vogue\u2019. The author thoroughly adores writing on real estate which opens up fascinating avenues of research and analysis with creativity at play!\",\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/gayatri.subramanian\",\"https:\\\/\\\/x.com\\\/gayatris2106\"],\"url\":\"https:\\\/\\\/www.bharatestates.com\\\/blog\\\/author\\\/gayatri-s\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"No Property Buying Abroad: RBI -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/","og_locale":"en_US","og_type":"article","og_title":"No Property Buying Abroad: RBI -","og_description":"The Reserve Bank of India (RBI) has debarred the residents of India to buy properties abroad in a move to curb foreign exchange flows. So if you\u2019re planning to add an asset in your stature by buying a property in Singapore or Dubai then shatter the thought for now. If a resident buys a property [&hellip;]","og_url":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/","article_author":"https:\/\/www.facebook.com\/gayatri.subramanian","article_published_time":"2013-08-18T04:30:46+00:00","article_modified_time":"2020-06-14T22:16:59+00:00","og_image":[{"url":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg","type":"","width":"","height":""}],"author":"gayatri","twitter_misc":{"Written by":"gayatri","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#article","isPartOf":{"@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/"},"author":{"name":"gayatri","@id":"https:\/\/www.bharatestates.com\/blog\/#\/schema\/person\/1180a0f24df7b14521fe8fa55b2391fc"},"headline":"No Property Buying Abroad: RBI","datePublished":"2013-08-18T04:30:46+00:00","dateModified":"2020-06-14T22:16:59+00:00","mainEntityOfPage":{"@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/"},"wordCount":238,"commentCount":0,"image":{"@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#primaryimage"},"thumbnailUrl":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg","articleSection":["Realty News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/","url":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/","name":"No Property Buying Abroad: RBI -","isPartOf":{"@id":"https:\/\/www.bharatestates.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#primaryimage"},"image":{"@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#primaryimage"},"thumbnailUrl":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg","datePublished":"2013-08-18T04:30:46+00:00","dateModified":"2020-06-14T22:16:59+00:00","author":{"@id":"https:\/\/www.bharatestates.com\/blog\/#\/schema\/person\/1180a0f24df7b14521fe8fa55b2391fc"},"breadcrumb":{"@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#primaryimage","url":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg","contentUrl":"http:\/\/www.bharatestates.com\/blog\/wp-content\/uploads\/2013\/08\/outflow.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.bharatestates.com\/blog\/23046-no-property-buying-abroad-rbi\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.bharatestates.com\/blog\/"},{"@type":"ListItem","position":2,"name":"No Property Buying Abroad: RBI"}]},{"@type":"WebSite","@id":"https:\/\/www.bharatestates.com\/blog\/#website","url":"https:\/\/www.bharatestates.com\/blog\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.bharatestates.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.bharatestates.com\/blog\/#\/schema\/person\/1180a0f24df7b14521fe8fa55b2391fc","name":"gayatri","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/05fef446311c70b4602d4501b704f7ff0efeba003ed7d981a68b741b2d819a2c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/05fef446311c70b4602d4501b704f7ff0efeba003ed7d981a68b741b2d819a2c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/05fef446311c70b4602d4501b704f7ff0efeba003ed7d981a68b741b2d819a2c?s=96&d=mm&r=g","caption":"gayatri"},"description":"The power of writing drives the author into exploring exciting dimensions of life. Testing new waters have always been a part of her writing expeditions. Writing becomes more enjoyable when you become one with it; this keeps her glued to capturing \u2018Whats New and In-Vogue\u2019. The author thoroughly adores writing on real estate which opens up fascinating avenues of research and analysis with creativity at play!","sameAs":["https:\/\/www.facebook.com\/gayatri.subramanian","https:\/\/x.com\/gayatris2106"],"url":"https:\/\/www.bharatestates.com\/blog\/author\/gayatri-s\/"}]}},"_links":{"self":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts\/23046","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/comments?post=23046"}],"version-history":[{"count":1,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts\/23046\/revisions"}],"predecessor-version":[{"id":31569,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/posts\/23046\/revisions\/31569"}],"wp:attachment":[{"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/media?parent=23046"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/categories?post=23046"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bharatestates.com\/blog\/wp-json\/wp\/v2\/tags?post=23046"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}