๐ญ๐ฐ Valuing your Indian property from Hong Kong
The investment entrant scheme runs on a CPA certified net asset statement.
Where Hong Kong rules reach your Indian property
Net asset assessment
A practising Hong Kong CPA certifies the statement. Your Indian property valuation is the evidence behind that line.
Net asset statements and who certifies them
Hong Kong investment and residency routes typically require a statement of net assets certified by a practising local accountant. The accountant certifies the total. They do not value your flat in Chennai, and they will not sign a figure you simply assert.
The property line needs evidence underneath it, which is a valuation from a registered Indian valuer with a number the accountant can point to if questioned. That is the document we supply.
What makes it acceptable
Recency, a verifiable registration, and a stated basis of value. It also has to be legible to somebody with no familiarity with Indian property documentation, which is as much a writing problem as a valuation one. Reports issue in rupees with a Hong Kong dollar conversion stating the rate and its source.
No capital gains tax here, full exposure there
Hong Kong does not tax capital gains, so selling the Indian property creates no local charge. The Indian charge is real. Deduction at source applies to the full sale value unless a lower deduction certificate is obtained beforehand, and repatriation needs a chartered accountant's certification.
Inherited property
You take the original owner's cost and holding period, which usually makes the gain long term and often allows the 1 April 2001 value to be substituted. Inheriting is not itself taxable in India.
Practical notes
Two and a half hours ahead of India, so documents exchanged in your morning are usually answered the same working day. Send the address and whatever papers you hold and we will tell you what is workable before you commit.
Clients we look after in Hong Kong
WhatsApp is easiest for everyone, and it works from any country without a local number. Send the property details and you get the fee and the timeline back, usually within six hours.
The reports Hong Kong clients ask for most
Divorce and Foreign Court Valuation
A report written for a judge who has never seen an Indian title document, with an independence declaration and your valuer's CV attached.
Read more โProbate and Estate, Date of Death
Value as at the date of death, in rupees and in your currency, ready for probate here and for the estate filing there.
Read more โVisa and Net Worth Valuation
The property valuation that sits behind your CA's net worth certificate, in the format immigration officers expect.
Read more โValuations for NRIs in other countries
Living in Hong Kong? Let us tell you which report you actually need.
Tell us the situation in your own words. Two minutes on WhatsApp usually settles which report it is, what date it has to be as at, and which papers to dig out first.