Archive · 4 Aug 2025

Dubai Property Purchases via Credit Card Leading to Tax Trouble for Indians

Dubai Property Purchases via Credit Card Leading to Tax Trouble for Indians

Some Indians who used credit cards to buy property in Dubai are now in trouble.

They thought it was an easy way to pay, but it goes against the rules.

Credit cards are for things like booking hotels, not buying property.

The government has a rule called LRS, which says how much money you can send abroad.

Credit cards don't follow these rules, and buyers might have to pay extra taxes.

Now, some people are fixing their mistake by sending money the right way through their bank.

Sources