NRIINDIA AN INVESTMENT DESTINATION
WHY INDIA?
With development shooting up at an impetuous speed, India is soon to outperform the world’s domineering countries, in all the realms. Under a slew of laudable reforms by the pioneering new govt., Indian Real Estate has witnessed a remarkable transformation and holds a magnificent future for foreign investors.
WHY KOLKATA?
Financial, commercial and industrial capital of Eastern India – Kolkata states the reasons for itself. Overwhelming number of multinational companies, uber-high convenience of connectivity, cosmopolitan culture to mingle in, and countless employment opportunities to grab onto – Kolkata is the most sought-after choice, serving housing units to hordes every day.
COMPANY AT A GLANCE
If you are looking for an exotic living in and around Kolkata, you should search for PARAMINE REALTORS, a company which is driven by strong fundamentals in providing real quality constructions and furnishing luxurious living spaces with elegance and finest amenities. PARAMINE REALTORS' success stems from the professionalism and enterprise of its resources. The company's high quality standards and services ensure that the customer is always satisfied to all its functions.
NRI GUIDE
An Indian Citizen who holds a valid Indian passport and stays abroad for employment/carrying on business or vacation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a Non-Resident Indian (NRI). Non-resident foreign citizens, of Indian Origin, are treated at par with Non-Resident Indians (NRI).
A foreign citizen (other than a citizen of Pakistan, Bangladesh, Afghanistan, Bhutan, Sri Lanka or Nepal) is deemed to be of Indian origin if: He held an Indian passport at any time, He or his father or paternal grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (Act No. 57 of 1955).
Overseas Corporate Bodies (OCBs) are those which are predominantly owned by individuals of Indian nationality or origin residing outside India and include overseas companies, partnership firms, societies and other corporate bodies which are owned, directly or indirectly, to the extent of at least 60% by individuals of Indian nationality or origin residents outside India as also overseas trusts in which at least 60% of the beneficial interest is irrevocable held by such persons. Such ownership interest should be actually held by them and not in the capacity as nominees. The various facilities granted to NRIs
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