[Goanet] Churchill opposes land ban on Foreigners One should ignore Churchil, he is like an empty vessel making loder noise. He is just makt it an issue. Perhaps, another way of winning NRI hearts.
For us, traditionally, foreigners are those who are from-the other countries. Foreigners of Indian origin (including Goans) are not foreigners in the eyes of FEMA laws. We (NRI) can buy any property in Goa except Agricultural land. And to buy property, one need not have to have OCI or PIO card. Nor we have to notify RBI (earlier, there was a provision to notify RBI after purchasing the property). Who is NRI? The one who was born in India or Portuguese India before 1961 or whose either parents was born in India or whose either grand parents born in India. Did you know? I think, on an average, an NRI (Mainly EU/US/CAN etc) owns about 1.5 units properties in India and most of it purely for investment purposes Many NRIs own upto 5 properties like flats/apartment/Land etc. When I say NRI, it does not necessarily mean Goan NRIs but there are many Punjabis, Gujraties, Keralite  NRIs too. It is obvious (from above) that the NRIs too are responsible for the current high prices of land and properties in Goa. JoeGoaUk owns two properties one Land at Kadamba Plateau bought in 1995 and a 3bed apt, apart from the mansion he lives in now and the bungalow in the north Goa of which we talked about few years ago (SEE PICS BELow) FEMA act or law can only be changed by the Central Govt/RBI/Parliament. It is not something that can be changed on Goa Government recommendations alone. Note: JoeGoaUk's views only (not taken from anywhere) ================ Over 600 viewed his bungalow, if you have not seen yet, view it now http://www.flickr.com/photos/joegoauk4/178985034/sizes/o/ >From here, he talks to the world (including you) http://www.flickr.com/photos/joegoauk4/181469267/ For Indian guests, he has this too http://www.flickr.com/photos/joegoauk4/181469269/ This one is at Agxi http://www.flickr.com/photos/joegoauk13/2308793210/ ====================== [EMAIL PROTECTED] for Goa & NRI related info... http://in.groups.yahoo.com/group/GOAN-NRI/ For Goan Video Clips http://youtube.com/joeukgoa or http://is.rediff.com/profilevisitor.php?mem_id=48419 __________________________________________________________ Sent from Yahoo! Mail. A Smarter Email http://uk.docs.yahoo.com/nowyoucan.html
