Property management is a practice of managing things involved in controlling, maintaining, and oversight of the apartment, house, bungalow, or any piece of land. These practices are applicable on residential, commercial, and real estate land.
Read MoreTag: NRI Property in India
Guide to Ensure Protection of NRIs Property
NRI property management becomes tougher to handle. Living overseas or offshores creates multitudes of seams in maintaining and managing NRIs property in India. Hassles will make their presence felt every now and then but few protective measures can halt them.
Read MoreNRI Property Management Tips to Escape FATCA
FATCA Legislation
These days, most of the non-residents of India (NRIs) in the US are countering discomfort. India and the US governments have signed a deal under the banner ‘FATCA’ which is the US’ Foreign Account Tax Compliance Act. Since I have been living in America for half a decade I am very much aware of this act. It is ratification by the United States Department of Treasury and the US internal Revenue Service (IRS) that observes and takes action against the tax invasion in the US.
Read More