+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

On OCI - Can i sell my property in India

alexsteward

Star Member
Sep 21, 2008
50
3
Once i get my Canadian Citizenship.... than i want to apply for OCI card as India does not give dual citizenship.


Can i go back to India once i get my OCI card to sell my property (earlier brought property) ? Can i sell my property even though i am not a Indian Citizen? Any issues i will have ?


Or is it better to sell Indian property before getting Canadian Citizenship?

Any suggestions!
 
Last edited:

Dimma

Star Member
Oct 22, 2012
171
38
Once i get my Canadian Citizenship.... than i want to apply for OCI card as India does not give dual citizenship.


Can i go back to India once i get my OCI card to sell my property (earlier brought property) ? Can i sell my property even though i am not a Indian Citizen? Any issues i will have ?


Or is it better to sell Indian property before getting Canadian Citizenship?

Any suggestions!
an OCI holder has most of the privileges , some exceptions they can't vote, can't run for elections, no govt jobs, can't acquire farming/plantation land.
You can sell any kind of property you currently own after you become Canadian citizen, no issues,Tax rate/process is same as an NRI,

If you don't have a PAN card currently get one before you become citizen, because there may be more process steps for non citizens .