Buying property abroad with international credit cards may put you in regulatory crosshairs - Business News, Finance News, Share Market News - Market trendz

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Monday, 4 August 2025

Buying property abroad with international credit cards may put you in regulatory crosshairs


Many Indians who purchased Dubai properties using international credit cards are now facing tax and enforcement issues. These transactions, intended for current account expenses, are being flagged as violations since property purchases require banking channels. Buyers are now seeking ways to rectify the situation, including using the Liberalised Remittance Scheme and requesting refunds to avoid penalties.

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