How to Buy Dubai Property from India — Legally, Under the RBI LRS

Investing in Dubai from India is fully legal under the RBI Liberalised Remittance Scheme, known as LRS. Here is a clear, no-jargon overview of how it works.

Under LRS, a resident individual can remit up to USD 250,000 per financial year for permitted purposes, which include buying property abroad. Families can pool their limits when each person is a co-owner, which helps for higher-value homes. A 20 percent TCS applies on remittances above the annual threshold, but it is adjustable against your income tax, so it is a timing cost rather than a permanent one. Off-plan payment plans let you spread remittances across financial years and stay within the cap. Always confirm the current rules with your CA before transferring funds. This article is general information, not financial or tax advice.