: In the first place, it is inadvisable to invest in any kind of project announced by a company or any other seller that has no physical representation on Indian soil. The exception would be where one has personally established the legal and market bona fides of the seller. Secondly, one must keep in mind that most foreign property markets have their individual regulatory and permission mechanisms. While the RBI now does permit investment of up to $200,000 per annum, one must establish whether one is eligible to invest in the country of choice to begin with. Ensure that the actual location of choice has sufficient appreciation potential. Establish the suitability of the neighborhood (which is even more important in a country whose social dynamics one is unfamiliar with. And last but not the least ensure that the property is free of litigation and has a clear title.

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