Query: Investment overseas

[Rashmi M R]

Dear All,

 

Please let me know if an individual can invest in a company overseas?

 

To my knowledge it is not covered under the automatic route. It has to go through the approval route.

 

Please let me know the detailed procedure for obtaining such approval, time involved and other aspects.

 

 

 

 

Thanks & Regards,

Rashmi

[R V SECKAR]

Hello,

Yes . Up to $ 200000 per financial year.

For more details , please click the following link http://rvseckarfema.blogspot.com/search?updated-max=2010-10-11T03%3A58%3A00-07%3A00&max-results=7 and go through my write -up titled  How much an Indian Resident can transfer to acquire foreign equity.

Regards


R.V.Seckar

Pl do visit my blogs :http://rvsekar.blogspot.com/

http://rvseckarfema.blogspot.com/