Sully3
SENIOR MEMBER
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- Nov 23, 2015
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I think Pakistanis are investing in Indian capital markets and real estate markets through their relatives in India. $5 billion is too large an amount to be considered a help by Pakistanis to their relatives in India. India should take these matters seriously.
$5 billion is too large an amount to be considered help. Pakistan expat remittance is pittance as compared to this amount. This is a serious matter.
Why would any Pakistani invest in property in India when Dubai is around the corner. Neither did i hear that India was a hot destination for international real estate buyers.
Most Pakistanis who decided to purchase real estate abroad choose Dubai, fairly obvious reasons why, 2 hours flight from Pak, Muslim country, Halal food,worlds no 1 holiday destination, no language barrier, currency fairly cheaper to USD and GBP, no tax.The really rich ones the Politicians sons, big business eco's go for property in London and the few uber clever ones have been buying penthouses in Shangai go for a few decades.