New Delhi, Aug. 6 -- Buying or selling property in India can be far more complicated for NRIs than for resident Indians. Beyond finding the right buyer or negotiating the right price lies a maze of tax rules, FEMA regulations, repatriation limits and documentation requirements.

A wrong choice of bank account, a missed TDS deduction or an improperly executed power of attorney can delay transactions, lock up money for months or even invite penalties.

Here are the key issues experts say NRIs should keep in mind.

If you earn in US dollars, converting that income into Indian rupees can make Indian property appear more affordable because of the rupee's long-term depreciation. Similarly, when you sell the property, the gains in rupee terms ma...