Indians - the Biggest Foreign Investors In Dubai!
More and more Indians are seeking to multiply their investments in Real Estate!
Real Estate Investment is a great option for growing your money and many individuals are looking beyond our borders to grow their investments in real estate. This is a great way to diversify your investment portfolio. The Liberalised Remittance Schedule for Indian individuals for foreign investments is $250,000 per year as set by the Reserve Bank of India. This has opened a wider opportunity for individuals to invest into a variety of properties. The number of Indians purchasing properties overseas has grown year on year with Dubai being the primary destination of choice followed by the USA.
While the Indian real estate market is mired in a variety of issues from RERA to GST that has dampened the sentiment of buyers, the investments in the foreign markets are growing every year. High loan interest rates and steep urban prices are driving many to invest into foreign properties. Metro living conditions are also not conducive to see good rental yield or return on investment when compared to a foreign property investment.