NRIs and OCI cardholders in Armenia can buy and sell residential and commercial property in India, other than agricultural land and farmhouses, without RBI permission. On a sale, the buyer withholds tax at non-resident rates unless a lower certificate is obtained, and proceeds can be repatriated within limits.
- Document route
- Armenian notary and Ministry of Justice apostille, or Indian Embassy attestation
- Time difference
- IST is 1h30 ahead of Armenia all year
- Rules
- FEMA (Non-Debt Instruments) Rules 2019
- Not allowed to buy
- Agricultural land, plantation, farmhouse
Buying & Selling Property from Armenia: how it works
For a purchase, we search title, check approvals and encumbrances, and complete registration through your attorney holder. For a sale, we verify title, draft the deed, deal with TDS and plan remittance.
We also check your FEMA residence status, which depends on why and for how long you are abroad.
For Armenian spouses, we explain when co-ownership is possible.
If you are an Indian worker in Armenia buying your first home in India, we check the builder's RERA registration and approvals carefully, since problems with small builders are common.
We also advise on home loans for NRIs and the documents banks ask for from Armenia.
What clients in Armenia should know
- Check your residence status first.
- Apply for lower TDS before the sale.
- Keep purchase records for tax.
Step by step from Armenia
Video consultation
A call at a time that suits Armenia, after we have read your documents.
Documents signed in Armenia
Armenian notary and Ministry of Justice apostille, or Indian Embassy attestation
Work in India
Our team files, appears and follows up in India, and shares scans of everything filed.
Result and handover
Certified copies and originals are couriered to you in Armenia where needed.
The full guide
This page covers what changes when you are in Armenia. For the law, the documents and the step-by-step procedure, read our main page on Buying & Selling Property, or see all services for clients in Armenia and the NRI Property Law practice area.
Questions from clients in Armenia
Can I buy property in India from Yerevan?
Yes, as an NRI.
Can my Armenian spouse co-own it?
Only with OCI status.
Can I send the money to Armenia?
Yes, within limits after tax.
How do I check a builder?
Through the state RERA website and the project's approvals.