poa in favour of brokersconsultants as this becomes a very risky proposition specifically in india we recommend that nris visit india twice once for finalizing the deal to meet the buyer in person to build comfort and enter into memorandum of understanding and secondly to accept the final payment and complete the transaction facilitating through poa is possible but we strongly recommend that nris meet the buyer in person considering the market is unregulated the risk remains very high and ideally getting to meet inperson improves the comfort says ahuja sort out tax issues long term capital gains that is gains from an immovable property sold after 3 years of purchase are taxed in india at 206 including education cess the benefit of basic exemption of rs 200000 is not available to nris on long term capital gains further in case of nris the buyer is required to deduct tax at source this presents another set of complications for nris to which there is a solution and the tax deduction at source can be avoided we will look at these in detail in the next part this brings us to the end of part one in part two we will look at how nris can overcome certain practical issues with respect to tax and repatriation of their sale proceeds