Goa
Variously known as "Pearl of the Orient" and a "Tourist Paradise", the state of Goa is located on the western coast of India in the coastal belt known as Konkan.
The magnificent scenic beauty and the architectural splendours of its temples, churches and old houses have made Goa a firm favourite with travellers around the world.
Capital: Panaji
Language: Konkani
Currency: Rupee
Language: English Konkani and Marathi. The national language Hindi is also well understood in most areas around the state.
Religion: Hindu
Climate: tropical. Monsoons from early June to September. Cool season, December-February
Time zone: IST (UTC+5:30)
Getting there: scheduled and charter flights.
Buyer’s Guide
Goa has proved a real hotspot for investors and holiday home-buyers over the last few years. The cost of living is its main attraction; living in style and comfort can be easily achieved for less than £500 a month including food, transport, house maintenance expenses and property taxes.
Before you can legally own property in Goa you must be a resident of India or you must own an Indian company. The latter option is usually the easiest method for foreign nationals who are looking to purchase a holiday home or investment property and not a permanent residence.
As laws can change we advise any clients to seek independent legal advice before purchasing a property in Goa.
All property purchases are subject to 4% stamp duty and a 2% registration charge on the value of the property.
Legal fees for conducting all of the above should cost around £1,250.
Setting up a Company in Goa £500 - £550
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