Indian investors must watch out for FEMA violations, reporting gaps and repatriation pitfalls. Owning a flat in Dubai or an apartment in London has become a real aspiration for many Indian investors. It offers a way to diversify, earn rental income in foreign currency, and hold a global asset. And the numbers support this trend, according to Knight Frank’s Wealth Report 2024, Indian HNIs are among the top five nationalities buying prime residential property in Dubai, London,