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Re: GOA - Buyer Beware!
wen said
You cannot buy or sell on a TOURIST VISA AndyD 8-)# |
Re: GOA - Buyer Beware!
Originally Posted by Remy-Ireland
(Post 5407560)
Andy,
dont think your getting this......FEMA wont come into it....they now wont let tourists do anything in Goa...other than be a tourist! Remy we've been over this a few times and my pov has not changed: I would not recommend any FN to try and buy now, but if you have already bought you may have to leave India every 6 months (depending on what sort of visa you can get - some people are still getting 'x''s). If you have only started the process then your major problem is the closure of the register. I can see the advantages of FRO Resident status and also of not having to leave after 180 days every time, but I would expect that comparatively few people have been planning on spending 12 months of every year in Goa. AndyD 8-)# |
Re: GOA - Buyer Beware!
Originally Posted by a_f_d
(Post 5407598)
Remy,
we've been over this a few times and my pov has not changed: I would not recommend any FN to try and buy now, but if you have already bought you may have to leave India every 6 months (depending on what sort of visa you can get - some people are still getting 'x''s). If you have only started the process then your major problem is the closure of the register. I can see the advantages of FRO Resident status and also of not having to leave after 180 days every time, but I would expect that comparatively few people have been planning on spending 12 months of every year in Goa. AndyD 8-)# Andy, I agree with you, also, my view on part of this point, for what it is worth, is that I can NOT find ANY link between fulfilling ALL requirements of FEMA, thus enabling a claim of Resident Status, AND a MANDATORY holding of Residency Papers issued via the FRRO. And it IS possible to fully satisfy ALL requirements of FEMA WITHOUT registering with the FRRO. Regards to all John |
Re: GOA - Buyer Beware!
Originally Posted by John Chappell
(Post 5408824)
Hi All,
Andy, I agree with you, also, my view on part of this point, for what it is worth, is that I can NOT find ANY link between fulfilling ALL requirements of FEMA, thus enabling a claim of Resident Status, AND a MANDATORY holding of Residency Papers issued via the FRRO. And it IS possible to fully satisfy ALL requirements of FEMA WITHOUT registering with the FRRO. Regards to all John Yous both seem to be very hung up on FEMA........which doesnt come into any more. Like wen said, when she went to the FRO they told her she couldnt buy or sell or register for residency on a tourist visa . I want somebody to prove to me that you can complete residency and buy property on a tourist visa...i want to be proved wrong...so come on then! FOrget about FEMA and FERA, who out there has actually achieved this post AUG 06? Ref x-visa some people are getting 1 and 2 year TOURIST Visas(WITH 180 DAY MAX STAY) but the chief secretary has said no more x-visas will be issued. Dont get too caught up in what FEMA does and does'nt say because it simply doesn't matter anymore. They are not going to let tourists legally buy or register anymore. Going by the statements in the media,things show no sign of abating and if anything are going to get worse IMHO. Regards, Remy PS. Andy, the bit about not wanting to stay for 12 months is right. A lot of people are happy with up to 6 months. Therefore the renewable lease thingy probably is a much better option, as long as they dont start enforcing the max 5 year rule. The other thing is that it takes us back to the point of....'Freehold Price for leashold property'...an expensive rental agreement...but i appreciate that this is the only option open for many. |
Re: GOA - Buyer Beware!
wen said, when she went to the FRO they told her she couldnt buy or sell or register for residency on a tourist visa . FRO have nothing to do with buying or selling, and of course you can't register for (FRO) residency on a tourist visa. AndyD 8-)# |
Re: GOA - Buyer Beware!
Originally Posted by a_f_d
(Post 5409820)
er - are you sure about that?
FRO have nothing to do with buying or selling, and of course you can't register for (FRO) residency on a tourist visa. AndyD 8-)# The latest from Goa? Pack your bags and leave, Goa govt tells foreigners; http://www.ibnlive.com/videos/50194/...oreigners.html Andy....its reports like this im talking about. Remy PS. if link doesnt work...you can access through Todays Goan Voice. |
Re: GOA - Buyer Beware!
Originally Posted by a_f_d
(Post 5409820)
er - are you sure about that?
FRO have nothing to do with buying or selling, and of course you can't register for (FRO) residency on a tourist visa. AndyD 8-)# I refer to ~Babu's rant :thumbsup: I had an email from our Goan friend who has had a beach shack for 16 years. He was just passing the time of day, and keeping intouch. In his email he said he could not understand me saying about the Visa situation - what visa situation? Why would tourist be down this year and next? He is excited that there are allegedly 800 tourist planes coming in this season! They do not have any idea what is going on- it is up to us to educate them. They will soon understand when it hits their pockets. You are so right Babu. :wub: Noni |
Re: GOA - Buyer Beware!
Originally Posted by Remy-Ireland
(Post 5409699)
Hi John/Andy,
Yous both seem to be very hung up on FEMA........which doesnt come into any more. Like wen said, when she went to the FRO they told her she couldnt buy or sell or register for residency on a tourist visa . I want somebody to prove to me that you can complete residency and buy property on a tourist visa...i want to be proved wrong...so come on then! FOrget about FEMA and FERA, who out there has actually achieved this post AUG 06? Ref x-visa some people are getting 1 and 2 year TOURIST Visas(WITH 180 DAY MAX STAY) but the chief secretary has said no more x-visas will be issued. Dont get too caught up in what FEMA does and does'nt say because it simply doesn't matter anymore. They are not going to let tourists legally buy or register anymore. Going by the statements in the media,things show no sign of abating and if anything are going to get worse IMHO. Regards, Remy PS. Andy, the bit about not wanting to stay for 12 months is right. A lot of people are happy with up to 6 months. Therefore the renewable lease thingy probably is a much better option, as long as they dont start enforcing the max 5 year rule. The other thing is that it takes us back to the point of....'Freehold Price for leashold property'...an expensive rental agreement...but i appreciate that this is the only option open for many. I know personally a couple that used to have an x visa, it run out and they were only granted a 1 year T in Feb 07, they went to Birmingham Aug 07 and asked again for an x visa, as they live here full time and were granted one! I also know of people who have sold their Sale Agreements on to non FN's! So I really don't understand what you can and can't do as it seems to be the luck of the draw! We will be in Goa for 209 days before the end of the fiscal year, (as we now live here), so will have done our 182+ days, even if this doesn't help us towards registering for our Sale Deeds (as register is closed) we are hoping it might just help us next year in obtaining an x visa! Kinrara |
Re: GOA - Buyer Beware!
Originally Posted by Remy-Ireland
(Post 5410034)
Hi All,
The latest from Goa? Pack your bags and leave, Goa govt tells foreigners; http://www.ibnlive.com/videos/50194/...oreigners.html Andy....its reports like this im talking about. Remy PS. if link doesnt work...you can access through Todays Goan Voice. The link worked, but couldn't find article! What did it say please. Kinrara |
Re: GOA - Buyer Beware!
Originally Posted by Remy-Ireland
(Post 5409699)
Hi John/Andy,
Yous both seem to be very hung up on FEMA........which doesnt come into any more. Like wen said, when she went to the FRO they told her she couldnt buy or sell or register for residency on a tourist visa . I want somebody to prove to me that you can complete residency and buy property on a tourist visa...i want to be proved wrong...so come on then! FOrget about FEMA and FERA, who out there has actually achieved this post AUG 06? Ref x-visa some people are getting 1 and 2 year TOURIST Visas(WITH 180 DAY MAX STAY) but the chief secretary has said no more x-visas will be issued. Dont get too caught up in what FEMA does and does'nt say because it simply doesn't matter anymore. They are not going to let tourists legally buy or register anymore. Going by the statements in the media,things show no sign of abating and if anything are going to get worse IMHO. Regards, Remy You cannot say forget about FEMA. FEMA is the only OFFICIAL STATUTE which lays down ALL the requirements FN's HAVE to fulfill in order to legally purchase property in India. Forget about FERA YES, it is no longer applicable and under FERA, ONLY Indian Citizens could legally purchase property in India. The only time that the FRRO comes into play is when an individual is REQUIRED to register due to a specific condition imposed by the type of Visa they are holding. The FRRO, have no jurisdiction whatsoever in financial, taxation or property dealings which FN's may be involved in whether Registered or not. With regard to your quote below:- "I want somebody to prove to me that you can complete residency and buy property on a tourist visa...i want to be proved wrong...so come on then! FOrget about FEMA and FERA, who out there has actually achieved this post AUG 06? " On a 6 month Tourist Visa, there is NO Requirement to Register. As both Andy and I have pointed out in previous posts, NOWHERE is it stated that Residency CANNOT be accomplished under FEMA using multiples of 6 Month Tourist Visas, thus again the FRRO is not involved. The Register will not be closed to FN's for ever, and I firmly believe that those such as Noni who purchased within the law will eventually be exonerated. Sorry it's such a long post, but like some other regular posters, I have also read FEMA extensively along with all the additional information available and if anyone can point out any errors in my post I would like it to be pointed out so we can all learn from the information. Regards to all John |
Re: GOA - Buyer Beware!
Originally Posted by John Chappell
(Post 5411781)
Hi Remy,
On a 6 month Tourist Visa, there is NO Requirement to Register. As both Andy and I have pointed out in previous posts, NOWHERE is it stated that Residency CANNOT be accomplished under FEMA using multiples of 6 Month Tourist Visas, thus again the FRRO is not involved. Regards to all John HI John, I agree with what your saying in principle.....but do you know anyone who has sucessfully registered their property pre or post aug 06 completing FEMA residency on a tourist visa by completing 183 days in multiple lots and if anyone did is the sale then deemed legal? And before you come back and say will under FEMA it should be.....who has sucessfully achieved this?..... Also judging by what you and andy have said.....if and when the register re-opens under FEMA the government will be obliged to honour these sales......in theory maybe but in reality IMHO no chance. Going by the recent press articles coming out of Goa the government ar'nt backing down an inch on this and i dont think they will. I am just being a realist and dont want people to be fluffed along on false hope. Foreigners living in Goa as we speak...are not having x-visas renewed and are being ordered out of Goa with immediate effect. FACT! You can all quote FEMA to the cows come home.....but IMHO it matters diddly squat. If the people out there at the moment on expiring 5 year x-visa are being ordered out (remember Douglas as well) having legally registered their properties then what chance has someone got on a 6 month tourist visa. NO CHANCE. Regards, Remy PS. i also think people like Noni and Douglas will be ok....but they bought on 5 year x-visas having been a resident FN . They didnt buy on 6 month tourist visas. |
Re: GOA - Buyer Beware!
Originally Posted by Kinrara
(Post 5411414)
Hi Remy
The link worked, but couldn't find article! What did it say please. Kinrara Hi Kinrara, Go to http://www.goanvoice.org.uk/index.php Scroll down to Wed 10 October, click on the article i have refered to and watch the video....with dismay i might add. Regards, Remy |
Re: GOA - Buyer Beware!
Originally Posted by Remy-Ireland
(Post 5412149)
HI John,
I agree with what your saying in principle.....but do you know anyone who has sucessfully registered their property pre or post aug 06 completing FEMA residency on a tourist visa by completing 183 days in multiple lots and if anyone did is the sale then deemed legal? And before you come back and say will under FEMA it should be.....who has sucessfully achieved this?..... Also judging by what you and andy have said.....if and when the register re-opens under FEMA the government will be obliged to honour these sales......in theory maybe but in reality IMHO no chance. Going by the recent press articles coming out of Goa the government ar'nt backing down an inch on this and i dont think they will. I am just being a realist and dont want people to be fluffed along on false hope. Foreigners living in Goa as we speak...are not having x-visas renewed and are being ordered out of Goa with immediate effect. FACT! You can all quote FEMA to the cows come home.....but IMHO it matters diddly squat. If the people out there at the moment on expiring 5 year x-visa are being ordered out (remember Douglas as well) having legally registered their properties then what chance has someone got on a 6 month tourist visa. NO CHANCE. Regards, Remy PS. i also think people like Noni and Douglas will be ok....but they bought on 5 year x-visas having been a resident FN . They didnt buy on 6 month tourist visas. I don’t know anyone who has registered their deeds whether in compliance of FEMA or not since late 2006. The point I am making is that FEMA is THE AUTHORITY regarding purchase of property amongst other things, with FRRO having NOTHING WHATSOEVER to do with the process. The illegal closure of the Register to FN’s can not go on indefinitely, and when it is reopened, any FN who has complied with the terms of FEMA, or thinks they have complied will be able to submit their paperwork for scrutiny. I would hope, but not hold my breath, by that time all the grey areas will have been removed. The main point I was trying to get across was the total irrelevance of the FRRO in the purchase procedures, unless the purchaser has a visa which stipulates that Registration is required within a specified period. If not, then as stated originally, the conditions of FEMA can be met and Residence Status satisfied without ever going to the FRRO. You cannot say FEMA has no relevance or what ever terms you like to use, at the moment FEMA is THE ONLY ACT the FN HAS TO COMPLY WITH to purchase property in India. Regards to all John |
Re: GOA - Buyer Beware!
Originally Posted by Remy-Ireland
(Post 5412194)
Hi Kinrara,
Go to http://www.goanvoice.org.uk/index.php Scroll down to Wed 10 October, click on the article i have refered to and watch the video....with dismay i might add. Regards, Remy Thanks, tried it that way too, when I get to the page I can't see the article! Where on the page should I look for it, sorry! :confused::confused::confused: |
Re: GOA - Buyer Beware!
Originally Posted by John Chappell
(Post 5412788)
Hi Remy,
I don’t know anyone who has registered their deeds whether in compliance of FEMA or not since late 2006. The point I am making is that FEMA is THE AUTHORITY regarding purchase of property amongst other things, with FRRO having NOTHING WHATSOEVER to do with the process. The illegal closure of the Register to FN’s can not go on indefinitely, and when it is reopened, any FN who has complied with the terms of FEMA, or thinks they have complied will be able to submit their paperwork for scrutiny. I would hope, but not hold my breath, by that time all the grey areas will have been removed. The main point I was trying to get across was the total irrelevance of the FRRO in the purchase procedures, unless the purchaser has a visa which stipulates that Registration is required within a specified period. If not, then as stated originally, the conditions of FEMA can be met and Residence Status satisfied without ever going to the FRRO. You cannot say FEMA has no relevance or what ever terms you like to use, at the moment FEMA is THE ONLY ACT the FN HAS TO COMPLY WITH to purchase property in India. Regards to all John |
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