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Foreign Direct Investment Has FDI in real estate opened up new routes for NRIs to patronize for their homeland?

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Old 07-18-2007   #1
Dilip Daftuar
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RBI Declaration Form IPI 7, and IPI 8

I am a NRI, and very recently I have purchased a flat in Ghaziabad. Someday we may sell the flat, and I will be interested in bringing back to usa my investment money and any profits after the tax.

What I have learned that I need to submit RBI declaration for IPI 7 within 90 days, however I am struggling in locating IPI 7 form at RBI website.

Could someone advise me, how to get this form, and any RBI instruction in feeling this form?

Dilip Daftuar
July 17, 2007

Last edited by seuli; 07-18-2007 at 10:09 AM.
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