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Queries on Buying Property in India from USA

Discussion in 'General Discussions - USA & Canada' started by shams86, Jan 26, 2012.

  1. shams86

    shams86 Bronze IL'ite

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    Hi IL's,
    I have gone through some posts but still I have some queries which I am expecting a reply infact a informative reply from all of you. My queries are:

    1. Can we buy a Land from USA in India without Power of Attorney? If yes, can u share the information.

    2. Myself being a H4 holder, Can I register the Land on my name or we have to register only on my Husband name as he is a Legal job holder here?

    3. What kind of documents or what kind of forms we have to submit from USA from our side and from embassy(if needed)

    Thanks in advance friends....
     
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  2. aparnanc

    aparnanc Bronze IL'ite

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    You can buy the land without a power of attorney only if you are going to be present in India at the time of registration. Else you will need to give power of attorney to the person who will buy on your behalf.

    You can register the land in your name. The only problem may be if you are getting a loan. Unless you can prove you can pay the loan off on your own, you will need your husband's financial documents. In that case you should register in both your husband's and your name.

    List of documents:

    a. Copy of passport
    b. Copy of visa
    c. Power of attorney
    d. Paystubs - 4 - 6 months
    e. Tax returns - 2 years
    f. Bank statements (especially the ones where salary is credited)
     
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  3. aparnanc

    aparnanc Bronze IL'ite

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    Let me also add that the power of attorney needs to be obtained from the Indian embassy. I remember reading you are from the Southeast. So here's the link for the power of attorney details for Houston consulate.
     
  4. shams86

    shams86 Bronze IL'ite

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    Aparna..I am really thankful to you for a such early reply. Thanks alot for giving the information. Also thanks for the link..I will check with it.
     
  5. aparnanc

    aparnanc Bronze IL'ite

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    You are welcome. Good luck with your purchase.
     

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