Invest in U.S. commercial real estate from India.
Indian residents can invest in income-producing U.S. commercial real estate through the RBI Liberalised Remittance Scheme. Here is the exact route your money takes.
9 min read
All investing involves risk, including loss of capital. Fractional real estate is illiquid and is normally held for several years. Distributions are not guaranteed. Read the offering documents in full before you commit. Regulatory limits, thresholds and timelines on this page reflect our understanding as at July 2026, may change, and are not legal, tax or investment advice.
Yes. An Indian resident individual can invest in U.S. commercial real estate without a U.S. visa, by remitting funds under the RBI Liberalised Remittance Scheme through an authorised dealer bank and purchasing an interest in a U.S. entity that owns the property.
The annual allowance is US$250,000 per individual per financial year, shared with every other eligible overseas remittance including education, travel and gifts. On Raveum, these interests are offered to Indian investors under SEC Regulation S.
Who this is for
✓Available to
- Indian resident individuals eligible to remit under LRS
- Investors remitting from their own bank account, in their own name
- Family members investing through their own individual limits
- Investors able to hold an illiquid asset for several years
×Not available to
- The general public or any retail offering inside the United States
- U.S. persons, who are served through a separate accredited-only channel. See the U.S. pathway
- Investors in countries where Raveum has no live pathway
- Anyone who may need this capital back within one to two years
Interests are offered to Indian investors under SEC Regulation S. Every remittance remains subject to your eligibility and to review by your authorised dealer bank.
Five stages, start to income
The compliance work sits in stages one and three. That is where first-time investors want the detail.
STEP 01
Confirm eligibility and headroom
Raveum checks your residency status and how much of your annual allowance is still available. Education, travel and gift remittances already made this financial year count against the same limit.
STEP 02
Select the property and read the documents
Review the market, tenant, lease term, debt and business plan. Establish who carries taxes, insurance and maintenance under the lease. The offering documents set out fees, holding period, distribution mechanics and the full risk factors.
STEP 03
Remit through your authorised dealer bank
You submit Form A2 and an LRS declaration with beneficiary details and evidence of source of funds. Raveum prepares the FEMA-aligned paperwork with you. Remittance is supported by our banking partner, Kotak Mahindra Bank.
STEP 04
Take ownership through the U.S. entity
Your dollars purchase an interest in a property-specific U.S. entity, normally a limited liability company. The interest is recorded in your name and you receive ownership documentation.
STEP 05
Collect distributions and report annually
Distributions are paid in U.S. dollars according to the offering terms. In India you disclose the holding in Schedule FA and foreign income in Schedule FSI, and claim foreign tax credit through Form 67 where applicable.
How much LRS headroom do you have left?
The US$250,000 covers every eligible overseas remittance in the financial year, not only investments. Enter what you have already sent since 1 April.
$250,000
approx ₹2,20,00,000
Below the ₹10 lakh TCS threshold
Indicative only. The limit applies per resident individual per financial year, 1 April to 31 March. TCS thresholds and rates are set by the Finance Act and change with Budget cycles. The exchange rate shown is an illustrative default, not a live rate. Confirm your position with your authorised dealer bank and your tax adviser before remitting.
What you actually own
You are not on a deed. You hold an interest in the company that owns the building. That distinction drives your rights, your reporting and your exit.
A property-specific entity
Each property is held in its own U.S. limited liability company, so it is not commingled with other assets.
Your interest, in your name
You subscribe for an interest in that company. Ownership percentage, income share and rights are set out in the operating and offering documents.
The sponsor operates
The sponsor arranges financing, appoints the property manager, handles leasing and reports to investors. You do not manage tenants.
Cash flows by the waterfall
Rent is collected, expenses and debt service are paid, and available cash is distributed according to the agreed structure.
Exit is on sale, not on demand
There is no ready secondary market for these interests. Assume you hold until the property is sold or refinanced.
What your bank will ask for
Gathering these before you start is the single biggest time saver. Tick them off as you go.
Tax, on both sides
Taxable in the U.S. because the property is there. Reportable in India because you are an Indian tax resident. Foreign tax credit exists to stop the same income being taxed twice in full.
| Event | United States | India |
|---|---|---|
| Distributions | Taxed on U.S. source income. Fractional structures normally issue a U.S. tax document showing your share of income, deductions and any withholding. | Reportable as foreign source income in Schedule FSI. |
| Holding | No separate annual U.S. filing arises from the holding itself for most fractional investors. | Disclose the foreign asset in Schedule FA each year you hold it. |
| Sale | FIRPTA rules can require withholding on disposal of a U.S. real property interest. Withholding is an advance collection, not the final liability. | Report the gain and claim relief for qualifying U.S. tax paid under the India United States treaty. |
| Credit | Final position settled through the applicable U.S. filing. | Schedule TR plus Form 67, within the applicable timeline. |
General information only, not tax advice. Treatment depends on your specific structure and facts. Use advisers qualified in both jurisdictions.
Clear answers before you commit
The questions Indian investors ask us most, before their first remittance.
The guides, in detail
Long-form guides that go deeper on everything covered on this page.
See a live opportunity before you commit anything
All investing involves risk, including loss of capital. Fractional real estate is illiquid, holding periods are estimates and distributions are not guaranteed. Interests are offered to Indian investors under SEC Regulation S and are not offered to the general public. Review the complete offering documents and consult qualified Indian and U.S. advisers before investing.