Investment Mortgage Loans for Investors Investing Outside India

MUMBAI, India - Sept. 28, 2020 - PRLog -- Investment Mortgage Loans for Investors Investing Outside India

A growing number of Indians is buying property abroad. Outbound capital doubles on overseas residential  property purchase. The top destinations that have attracted Indian wealth are -- United Kingdom, Netherlands, Germany, United States of America and Australia. From $1 billion in 2012 to over $17 billion in 2019.

Who are the buyers?

61% Businessmen and industrialists

25% Self-employed/Traders

10% Working Professionals

1% Others

3% Self-Employed professionals

Are there any tax implications to purchasing property overseas?

Tax considerations play a big part in decisions regarding foreign property investment. The sale of a property within India to finance the purchase of a foreign property could create a tax liability within India. Further, the lease, sale or transfer of foreign property, once purchased, would also create a tax liability, both in India and in the foreign country. This liability needs to be managed in order to ensure that double taxation is avoided and the most tax efficient method of property purchase is adopted.

Advantages of Investment Mortgages for Indian Investors

Borderless Mortgagor Group has several Foreign National Mortgages, Non Citizen mortgage programs catered specifically for Indian investors investing overseas regardless if they have foreign credit reports, residency or proof of income.

Also, since the Reserve Bank of India has tightened the reporting norms for the Liberalised Remittance Scheme (LRS), an individual can only transfer up to $250,000 (for each family member) abroad in a year.

As an Overseas real estate investor, investment mortgage loans can be very beneficial to you. Borderless Mortgagor Group focuses specifically on these types of mortgage loans and there a number of programs on hand that make it possible for Indian citizens & residents to get a mortgage for the purpose of investing in real estate around the world.

Director of Borderless Mortgagor Group, Darsh Kumar, said Indian buyers are still finding it difficult to obtain a mortgage from overseas lenders. The international mortgage market is extremely complex and time consuming. There are many issues to take into consideration such as currencies, income, security and the legal framework in different countries.

There is finally an International mortgage solutions for foreign nationals who wants to invest overseas. Borderless Mortgagor Group seeks to bridge this gap with end-to-end solution for non resident mortgage lending. With a global network of over 350 lenders offering 1000 different custom mortgage products in over 20 different countries. The process is streamlined, fast, and efficient—so clients can enter the property market quickly and find the property that best suits their needs.

For more information on overseas lending and international properties please visit https://borderlessmortgagorgroup.com