Would love to live in Goa

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Jul 21st 2007, 5:26 pm

#91

old man

BE Enthusiast

Joined: May 2007

Location: Goa/UK

Posts: 589

Re: Would love to live in Goa

Quote:

Originally Posted by Vadim

Remy, FEMA regulation states that the lease agreement should not be signed for the initial period of more than 5 years. But after 5 years, you may roll over it for another 5 years, and than another 5 years....

Hi,
I think you will find that after five years with a lease (actually a month under) you have to do your 182 days + for residency, (which you can't do at the moment) or you will be in deep shit with the Directorate of Enforcement, and other authorities.

Are you still around? or on holiday, as we have not heard from you.