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British Expats (https://britishexpats.com/forum/)
-   Goa (https://britishexpats.com/forum/goa-170/)
-   -   GOA - Buyer Beware! (https://britishexpats.com/forum/goa-170/goa-buyer-beware-435930/)

Return of Santan Apr 4th 2008 10:52 pm
Re: GOA - Buyer Beware!
 
Hi Pips,

Yes Yes Yes!:thumbsup: please contact him ! The more contacts that are made the better, especially at this very sensitive time in Goa

Good Luck & keep us posted

Kan-conned

pips Apr 4th 2008 11:16 pm
Re: GOA - Buyer Beware!
 
Incidentally, my advocate has cautioned against a High Court Appeal at this time. Told me to wait a while as it's too dangerous to put one's head above the parapet....:ohmy:

a_f_d Apr 5th 2008 12:27 am
Re: GOA - Buyer Beware!
 
Originally Posted by old man (Post 6162492)
Give us some addresses to write to and we will all contact them, Andy.:thumbsup:
clickThis

or copy this into your browser:
www.WriteToThem.com

AndyD 8-)#

a_f_d Apr 5th 2008 12:36 am
Re: GOA - Buyer Beware!
 
Originally Posted by pips (Post 6162627)
Incidentally, my advocate has cautioned against a High Court Appeal at this time. Told me to wait a while as it's too dangerous to put one's head above the parapet....:ohmy:
I know of at least two advocates that are desperate to find a foreigner who will stand up and be counted, they want to go to the high court and tackle the government but they need a client.
If you are squeeky clean, were FEMA resident for your Agreement of Sale, payment, and Deeds and are prepared to go to court, send me a PM and I'll pass on your details. They say don't be afraid of costs because they know people who will cover them if they get high. Also I've met some of the people who already went to the High Court and they haven't been taken out and shot yet <bg>

I believe this is completely legit.

AndyD 8-)#

powerhouse Apr 5th 2008 1:19 am
Re: GOA - Buyer Beware!
 
Originally Posted by pips (Post 6162540)
Having been resident in Goa for the last seven years, I am no longer entitled to the sevices of an MP back in the U.K. (Yes, I am am one of the saddos who burned her bridges). However, I am considering contacting David Miliband, British Foreign Minister to see if he can assist in this predicament of ours. Any views on this thought?
Anything is worth a try. If you have been there for 7 years how do you manage with the visa situation and the 180 day rule. We have tried to get a visa for longer than 6 months but have been told that they are only available for business purposes.

Honey Bee Apr 5th 2008 1:47 am
Re: GOA - Buyer Beware!
 
Originally Posted by powerhouse (Post 6163103)
Anything is worth a try. If you have been there for 7 years how do you manage with the visa situation and the 180 day rule. We have tried to get a visa for longer than 6 months but have been told that they are only available for business purposes.

Hi Powerhouse,
We bought our property off plan in 2001 and moved in two years later.
Have our deeds registered 5 year x visa etc. and are being investigate.
Like some of the others on the site 18 months have passed all documents are still with the D of E. Our current 5 year x expired last year and have been given a 2 year tourist visa. leaving the country every 180 days.
Could we sell on that, if we found a sucker? How do we do the 182 days to sell? Can you sell on a tourist visa - help Andy.

Daff says about lease - that would be good BUT a friend down South bought an apartment from a FN (seller iffy guy) and has been given a 99 year lease.:ohmy:
Now that must be illegal. This means that the FN (British) still owns the freehold. :frown: so the Goans do not own the land.

pips Apr 5th 2008 1:49 am
Re: GOA - Buyer Beware!
 
I initially had a sequence of tourist visas, including a 5yr which expired in 2007. I then formed a legitimate company and applied for and got a business visa, only 1 year and with the 180 day restriction. My kids, half Goan, initially had 5 yr tourist visas. my son now has a 1yr student and my daughter a 5 year x (?, the logic defies me).
I will send you a PM

pips Apr 5th 2008 2:00 am
Re: GOA - Buyer Beware!
 
Originally Posted by powerhouse (Post 6163103)
Anything is worth a try. If you have been there for 7 years how do you manage with the visa situation and the 180 day rule. We have tried to get a visa for longer than 6 months but have been told that they are only available for business purposes.
Andy, when I work out how to do it, I will send you a PM. (Great article in the Herald, my friend). Yes, I am squeaky clean and have all the docs, just can't complete the sale deed with my buyers til they lift the ban on registrations involving foreign nationals.

pips Apr 5th 2008 2:11 am
Re: GOA - Buyer Beware!
 
Originally Posted by pips (Post 6163227)
Andy, when I work out how to do it, I will send you a PM. (Great article in the Herald, my friend). Yes, I am squeaky clean and have all the docs, just can't complete the sale deed with my buyers til they lift the ban on registrations involving foreign nationals.
Honeybee, the biggest obstacle seems to be registering any future sale deeds, whether you sell to a FN or a Delhiwallah. I'm hearing that after jumping the FEMA and RBI hurdles, (RBI not even being required), the next jump is that an NOC has to be given by the Home Dept. (Any pleasant experiences with that bunch?). Furthermore, if you were lucky enough to have sold before this messy debacle, repatriation of funds even with a FIRC is nigh on impossible. Ho hum...

powerhouse Apr 5th 2008 2:53 am
Re: GOA - Buyer Beware!
 
Originally Posted by Honey Bee (Post 6163187)
Hi Powerhouse,
We bought our property off plan in 2001 and moved in two years later.
Have our deeds registered 5 year x visa etc. and are being investigate.
Like some of the others on the site 18 months have passed all documents are still with the D of E. Our current 5 year x expired last year and have been given a 2 year tourist visa. leaving the country every 180 days.
Could we sell on that, if we found a sucker? How do we do the 182 days to sell? Can you sell on a tourist visa - help Andy.

Daff says about lease - that would be good BUT a friend down South bought an apartment from a FN (seller iffy guy) and has been given a 99 year lease.:ohmy:
Now that must be illegal. This means that the FN (British) still owns the freehold. :frown: so the Goans do not own the land.
If they are so worried about us FN owning the land then surely the 99 year lease would be a good idea. We would own the building they would still own the land and receive an income from the ground rent.
We still have between 8 - 13 years before we can even consider thinking about spending 183 days on Goa so there is no chance in us getting our hands on a deed of sale for years. If the lease thing works out hopefully by then something will of been sorted. As everyone says they can come to the UK and purchase property and live in peace surely we should be allowed to do the same.

pips Apr 5th 2008 3:07 am
Re: GOA - Buyer Beware!
 
Originally Posted by powerhouse (Post 6163419)
If they are so worried about us FN owning the land then surely the 99 year lease would be a good idea. We would own the building they would still own the land and receive an income from the ground rent.
We still have between 8 - 13 years before we can even consider thinking about spending 183 days on Goa so there is no chance in us getting our hands on a deed of sale for years. If the lease thing works out hopefully by then something will of been sorted. As everyone says they can come to the UK and purchase property and live in peace surely we should be allowed to do the same.
Excuse my pessimism, but I think that foreign ownership in any form is a problem for our Goan friends. Leasing is iffy to say the least. you may be able to swing a long term rental to cover your costs, but if you haven't fulfilled the necessary legal requirements how can you ever claim ownership? Methinks this is a great coup for any builder who has fooled FN's into parting with their cash. Perhaps they could have engineered all this, after all, they stand to gain so much. Anyone wealthy enough to build multi-complexes must have some form of political clout/influence.

powerhouse Apr 5th 2008 3:31 am
Re: GOA - Buyer Beware!
 
Originally Posted by pips (Post 6163483)
Excuse my pessimism, but I think that foreign ownership in any form is a problem for our Goan friends. Leasing is iffy to say the least. you may be able to swing a long term rental to cover your costs, but if you haven't fulfilled the necessary legal requirements how can you ever claim ownership? Methinks this is a great coup for any builder who has fooled FN's into parting with their cash. Perhaps they could have engineered all this, after all, they stand to gain so much. Anyone wealthy enough to build multi-complexes must have some form of political clout/influence.
You are probable right, but we can hope. If it all goes wrong then we have learnt an expensive lesson. At the time we did not realise that we were doing anything wrong, and I would like to think that Arcon thought that It was all legal as well. The crunch point for us will come in two years when the 5 year lease expires and according to our paperwork will automatically be rolled over to a new lease.

As I said befor Acron have been around for years and there must be others who have bought on a lease and rolled it over, I can't believe that all their FN customers, have been in a position to register the freehold straight away.

pips Apr 5th 2008 4:04 am
Re: GOA - Buyer Beware!
 
Originally Posted by powerhouse (Post 6163554)
You are probable right, but we can hope. If it all goes wrong then we have learnt an expensive lesson. At the time we did not realise that we were doing anything wrong, and I would like to think that Arcon thought that It was all legal as well. The crunch point for us will come in two years when the 5 year lease expires and according to our paperwork will automatically be rolled over to a new lease.

As I said befor Acron have been around for years and there must be others who have bought on a lease and rolled it over, I can't believe that all their FN customers, have been in a position to register the freehold straight away.
Acron still have the front to advertise multi-nationally with prices in Euro and stirling, assuaging people's fears that all will be fine and they'll handle the paperwork. How many of us can really walk away from the thousands we have invested here, and put it down to bad experience?
I have 2 kids who are half-Goan. As I left the U.K 7 years ago, I am entitled to nothing in the UK, despite having lived and worked all my life there. I have no recourse but to stay here and fight. I hope there will be others who will have the bottle to do the same.

powerhouse Apr 5th 2008 5:48 am
Re: GOA - Buyer Beware!
 
Originally Posted by pips (Post 6163653)
Acron still have the front to advertise multi-nationally with prices in Euro and stirling, assuaging people's fears that all will be fine and they'll handle the paperwork. How many of us can really walk away from the thousands we have invested here, and put it down to bad experience?
I have 2 kids who are half-Goan. As I left the U.K 7 years ago, I am entitled to nothing in the UK, despite having lived and worked all my life there. I have no recourse but to stay here and fight. I hope there will be others who will have the bottle to do the same.
You are right about Acron still advertising, they are at 3 exhibitions in the UK in April and May, I wonder what they are telling FN's now, or perhaps they are only selling to NRI, & PIO's.

I can assure you that we would not walk away from this without a fight, it's just that sometimes you wonder how you will ever sort the mess out. With things how they are in the UK this was to be (hopefully still will be) our dream retirement. Having had first hand experience of the authorities enforcing the law when you make a mistake, I am also fully aware of the need to tread carefully and make sure you stay on the right side of the law.

Goacrazy56 Apr 5th 2008 6:44 am
Re: GOA - Buyer Beware!
 
Originally Posted by pips (Post 6163263)
Honeybee, the biggest obstacle seems to be registering any future sale deeds, whether you sell to a FN or a Delhiwallah. I'm hearing that after jumping the FEMA and RBI hurdles, (RBI not even being required), the next jump is that an NOC has to be given by the Home Dept. (Any pleasant experiences with that bunch?). Furthermore, if you were lucky enough to have sold before this messy debacle, repatriation of funds even with a FIRC is nigh on impossible. Ho hum...
Hi Pips and everyone long time no eees
I happen to know from first hand information that the NOC is nul and void.
A very good friend of mine actually went to the home department in Panjim and asked for an NOC and was told they no longer exist,they also have it in writing.
How ever RBI approval and FEMA must be adhered to by the letter


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