FEMA, LRS, and Your Dubai Down Payment: What the RBI Lets You Do
Indian residents can remit up to USD 250,000 per financial year under the Liberalised Remittance Scheme. Here's how Indian NRIs and residents legally fund a Dubai property buy from rupees.
“Indian residents can remit up to USD 250,000 per financial year under the Liberalised Remittance Scheme.”