Why do we need legal experts whose forte is handling cases involving NRI?
India has one of the largest numbers of expatriates in the world. The major economies of the world have Indian immigrants and within India, north India has a significant share of NRI population, adding to the prosperity of the region. Most of the NRI have economic interests in their homelands and many more are willing to invest back here in India. Real Estate has remained a lucrative investment option since years. Whether the economy is booming or undergoing a slump, the money invested in real estate keeps soaring. However, when it comes to buying property, the procedure doesn’t promise a smooth sailing. A number of legal obligations are there and given the extensive and complicated nature of Indian jurisprudence, it is next to impossible for an amateur, least of all for an NRI, to handle everything on his/her own. Buying property also entails maintaining it or making further use of it by letting it out to a tenant or selling it, which brings along a plethora of more legal regulations to be adhered to. For an NRI, who might not be familiar with the property law, it is a humongous task to handle it single-handedly and hence there is a need for a legal expert who would cater to all these requirements. NRI are also prone to being dragged into lawsuits more often owing to their absence in the country and inability to constantly keep a check on their real estate assets. There have been way too many instances where NRI were led astray by property dealers regarding the market price or their property was illegally occupied or the tenants refuse to vacate it despite repeated warnings. Coming back to India to sort out such avoidable hassles is a sheer loss of both time and hard earned money. This is where an advocate adept at NRI law comes to the rescue.
Property disputes involving NRI need special knowledge and experience since matters get complicated owing to cross border presence of property or the owner being away from his property for most part of the year. The increased instances of NRI being dragged to the courts have led to the need for dedicated NRI Legal Services. Attorneys specialising in NRI laws make it a lot easier and convenient for an NRI to tackle any legal disputes. With the advent of faster means of staying in touch and sharing information in real time, it isn’t even necessary for the client seeking services of an attorney to be physically present for the consultation or even all the court hearings, though some may necessitate the NRI client’s presence. In matters of litigation, time plays a very critical role. It could make or mar a strong case. Hence, prompt sharing of updates and consultation with the attorney is very important.