Power Of Attorney India Nri Sample

It is primarily used by nri non resident indians to manage their property in india.

Power of attorney india nri sample. Print on plain a4 paper 2 witness sign your sign register in registrar office. Under general power of attorney for nri the agent can execute almost any act as the principal like opening financial accounts and managing personal finances. The falling interest rates and the weakening rupee have made real estate purchases in india an attractive proposition for nri investors. Attestation of power of attorney applicable for nri this power of.

Power of attorney poa lists out the powers that you want to share with the poa holder. Registering the power of attorney is a simple process. A lot of attention should be paid to the nri power of attorney while you are getting it made. Sample special power of attorney nri property in india.

If you are staying outside india and have properties or financial transactions within india you can give the power to transact and deal with the properties or banking or tax payment etc to any trustworthy and reliable person in india. While this may be a good time to find a suitable property and seal the deal the coronavirus pandemic will make it difficult for nris to travel to india to complete the transaction. Special power of attorney sample for property management in india by nri. Sample power of attorney for nri non resident indian open this sample poa on google docs.

This document is mostly used in real estate transactions. Power of attorney poa is an important document that many nris often have to deal with. Hence it needs to be appointed only to a very trustworthy person. Registration of power of attorney received in india from the nri.

The general power of attorney for nri consists of a wide range of powers and is not confined to any particular work. How to make a general power of attorney by nri.