How can NRI invest in agriculture land ?

[JackSeal]

Is there any legal way to do this ?

[jawaani_jaaneman]

Legal ?

[Vaampire]

Why not? 

If ur Indian citizen, u can buy agricultural land in most states of india

[hyperbole]

If you gave up citizenship then you cannot buy agriculture land only acquire through hereditary 

[trent]

you can buy agri land . No problem 

[JackSeal]

3 minutes ago, Vaampire said:

Why not? 

If ur Indian citizen, u can buy agricultural land in most states of india

 

2 minutes ago, trent said:

you can buy agri land . No problem 

 

2 minutes ago, hyperbole said:

If you gave up citizenship then you cannot buy agriculture land only acquire through hereditary 

I heard even if you are citizen: NRIs cannot buy agricultural land in India except with the prior permission of the Reserve Bank of India (RBI).

[pandemkodi]

11 minutes ago, JackSeal said:

 

 

I heard even if you are citizen: NRIs cannot buy agricultural land in India except with the prior permission of the Reserve Bank of India (RBI).

No way .. you can buy as long as you are citizen 

[hyperbole]

15 minutes ago, JackSeal said:

 

 

I heard even if you are citizen: NRIs cannot buy agricultural land in India except with the prior permission of the Reserve Bank of India (RBI).

i know for sure the new rule brought by BJP government will require you to report if you are selling personal property and living abroad but buying I don’t think so as it is more of regulation to control flow of money from India to overseas

[JackSeal]

7 minutes ago, pandemkodi said:

No way .. you can buy as long as you are citizen 

 

5 minutes ago, hyperbole said:

i know for sure the new rule brought by BJP government will require you to report if you are selling personal property and living abroad but buying I don’t think so as it is more of regulation to control flow of money from India to overseas

No bro it was an existing rule much before. Technically if you buy any agricultural land or farm house while being non resident then it’s illegal and will be in trouble 

https://m.rbi.org.in//scripts/FAQView.aspx?Id=12

see point 3

[ManOffSteel]

No such rule that NRIs can't buy. If you are a US Citizen with OCI then register the property on your father's name or mother's name and then later they can transfer it to your name as a gift deed. My cousin recently did this..

[funny_guy]

No. As an NRI (even citizen of India) you cannot buy agri land. 

You can inherit from your family members legally. If you are planning to buy better to buy on the name your family member and transfer it to your name.

https://www.immihelp.com/can-nris-buy-agricultural-land-in-india/

[EIlen]

land owners local villagers ayithene safety ledu dikku ledu anta India lo, inka NRI lu agricultural lands konadam

[Battu123]

12 minutes ago, EIlen said:

land owners local villagers ayithene safety ledu dikku ledu anta India lo, inka NRI lu agricultural lands konadam