Re: goa property scams
 

Like You Sir! Takes one to know one after all :)

Re: goa property scams
 

thank you all for your kind posts ..especialy dread..XX..comedians may go forth and mulitiply..!!..i and my two brothers bought in 1995 3 bed 2 bath appartments in calangute.. gated complex pool etc blah blah for £20.000 each through an english agent.. kieth morley property..with no probs..yes i understand that technically these will remain lease hold until i set up an indian company..sell them back to myself to ensure freehold.. blah blah ..still this topic needs a new thread all to its self...bottom line even with past buying experience i got ripped...shit happens..my mission now is A to close down this con-man down and B to warn others and C try to get some of money ( not gonna hold my breath) back..goa if your careful is a great to invest in..my first purchase has ( providing i can furfil all red tape ) risen in value to £ 80.000+ ..not that i will ever sell.as i intend to retire from this shit hole we call england and live a simple and peaceful in the sun...by the im a 46 man !!

Re: goa property scams
 

Oh sydone,

if only it where that easy!

Re: goa property scams
 

What, with 6 months in 2 months out etc already, and the likelihood of that getting worse, like 3 months in 2 months out?


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Re: goa property scams
 

or visa on arrival with a 30 day max stay!!!

Re: goa property scams
 

sadly as always when you start a serious thread,you get muppets with lame opinions very little local knowledge and nothing relevant to say..!! thanks all for your posts..ive taken all the info i need and will deal with it as i see fit....bottom line is i will retire to goa very soon..and if i end up on itv's program, i will say my peace and hopefully warn,less knowledgable people about the pitfulls or buying a gaff thousands of miles away...... a close friend of mine said to me AS A RULE NEVER TRUST AN INDIAN !!..as a rule of thumb i believe this not to be true..... common sense , a little savvy and local proper friends that have proved themselves is all you really need...yes i got rippped on this occasion..wont happen again..!!!!!!

Re: goa property scams
 

Hi Sydone

I don't think Remy or J5 are being flippant here.
There have been many changes to laws and visa rules in Goa in the last few years and many people who have bought property have found themselves in the mire big style.
Regarding your first property bought through Keith Morling - have you been regularly visiting this property ? Also unless you are a person of Indian origin or an Oversees Citizen of India, at the present time you have absolutley no chance of converting the lease to ownership as the registry is refusing to register deeds for any foreigner or any foreign owned company. Just be very careful that your builder does not do what other builders have done and refuse to renew your lease after 5 years (foreigners can only have a lease to a max of 5 years).
Re the visas - unless you are PIO or OCI you can only remain in India for up to 180 days and then you must leave. You cannot then reenter India for 2 months. If you are intending to live there, you will need to add this into your finance plans.
There is also talk that tourist visas are to be cut to 3 months and even then you have to sty out for 2 months.
Thingsmay change between now and your retirement as you have a few years to go - I hope so for your sake and many others.

Dread - go careful
x

Re: goa property scams
 

Are the british a victim of there own red tape ?? 100+ years ago we added india to the 'empire'..the indians have added chaos and there own style to our foolish endeavours !!..i love the place and always will..ive seen half built hotels..passed through corupt politicians..torn down etc blah blah..as new 'order' comes to power.the place politically will always and continue to be volitile( ive been chasing the party scence since 1994)..and had a great time with it..!!...how many parties ?? have i seen closed because the backshee was not enough..i dont have enough fingers..!! gov/cops have all but closed it down now....hey ho...the children have to sleep and get up for school !!..its my belief with all the western commerce flowing into india ....call centers etc...that the market place to non indians will open up to a western way of thinking...once again i wont hold my breath..end of the day i will keep banging on the door until they let me in...wish me luck...

Re: goa property scams
 

As 1 last aside my neighbour in calangute has a portfolio of 19 properties !! all rented out to the max...first sniff of trouble..i'll be the first to know..if the powers that be at the time take it all away...then all i can say is pick urself up and start again.....LIVE LONG AND PROSPER !! life is too short to spend time worrying !!

Re: goa property scams
 

tourist visa's in 2008 were raised from 6 months to one year..!! and i still have a current visa !! god help the indian tourism if they reduce it to 3 months......money talks ... and india whether it likes it or not will have to come in line with the global market place!! ONCE AGAIN DONT HOLD YOUR BREATH !!

Re: goa property scams
 

Sincere apologies to all, (especially Julia) for getting involved with this thread, didnt realise we had such an expert among us now so will make no further comment. innit?

Breathing regularly
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Re: goa property scams
 

sydone1 - dread has offered to pm you info on someone who can help - fine. But you wouldn't go to a solicitor to file company accounts in the UK, you would go to a chartered accountant - and that's what you should do in Goa. Also if you have set up a company you should have a Company Secretary, and they should know what to do.

AndyD 8-)#

Re: goa property scams
 

To be fair, you've just arrived here and dont really know what knowledge they have. They are also entitled to their opinions, as are you, but maybe "muppets" is a little bit of an unfair comment, eh? :)

Re: goa property scams
 

anyway the fraud sqaud have started an investigation so ill let them get on with it..and yes muppet was a little strong..im off to goa again in feb until april then up to the northern mountains to avoid the monsoon.will travel back down to goa for the new season where i will manage the rental of our appartments...i will be semi retired inside 1 year and am happy to travel to nepal ,thailand or anywhere to renew visa as and when i need to.looking forwards to starting a new life in paradise..the uk sux and i will be be glad to see the back of it..enjoy goa ALL ... may see some of you at the ninebar in vagator for a beer and the sunset !!

Re: goa property scams
 

I for one don't think the UK sucks although the climate can.
Lets face it most people semi-retire to India/Goa because its cheap living and hotter than the UK but when you factor in the poor infrastructure, corruption, poverty and disease elements etc, etc, i think many would agree that when all said and done, the UK is a great place to live.
I do think the Ninebar absolutely sucks though so i guess we all have our opinions but you definitely wont be seeing me there.:)