NRIs face specific tax considerations including 20% TDS on capital gains (which the buyer must deduct and deposit), short-term capital gains tax at normal income tax rates (for properties held less than 24 months), and long-term capital gains tax at 20% with indexation benefits (for properties held over 24 months).

NRIs need title documents (sale deed, gift deed, inheritance documents), property tax receipts, an encumbrance certificate, land use certificate, property valuation report, and any required No Objection Certificates.

Required documents include a valid passport with visa stamps, PIO/OCI card (if applicable), NRI status proof, Permanent Account Number (PAN), overseas address proof, and recent photographs.

Payments must be made through regular banking channels using inward remittances from overseas or from NRE/FCNR/NRO accounts.

The main laws include the Foreign Exchange Management Act (FEMA) 1999, the Registration Act 1908, the Transfer of Property Act 1882, the Income Tax Act 1961, and various state-specific Land Reform Acts.

Residential and commercial properties can be purchased legally by NRIs. However, agricultural land, plantation properties, and farmhouses require RBIs special permission, though NRIs can acquire these through inheritance.

NRI is an Indian citizen residing outside India for employment, business, or other purposes with the intention to stay permanently. This includes Indian citizens working abroad, studying overseas, or Indian passport holders who have been outside India for 182 days and more, in the preceding financial year. Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs) are also covered, though their property rights may vary.