If you are a non-resident Indian or a foreign national with income in India, your earnings may be subject to taxation both in India and your home country. Double Taxation Avoidance Agreements (DTTAs) are in place to prevent this double taxation and ensure that taxpayers fulfil their obligations in only one country. You will need a Tax Residency Certificate (TRC) to establish eligibility for taxation in a specific country.
The TRC officially confirms the tax residency status of individuals in India, including expatriates and investors. We strongly advise obtaining your TRC beforehand if you’re planning to purchase one of our luxury villas in Coimbatore this year.
Below are some of the main reasons why securing your Tax Residency Certificate in 2025 can be a financially sound decision, particularly if you’re interested in investing in luxury villas in Coimbatore through JRD Realtorss:
- A TRC allows you to leverage the advantages offered by Double Taxation Avoidance Agreements (DTAAs). It formally establishes your tax residency status and prevents you from being taxed on the same income in multiple countries.
- A TRC establishes your tax residency status, which financial institutions or legal authorities may request during international transactions, such as if you want to purchase villas in Coimbatore or open bank accounts.
- Having a TRC may entitle you to lower withholding tax rates on interest, royalties, dividends, and other income streams.
- Do you own a rental villa in India but reside overseas? Having a TRC helps you ensure your adherence to India’s Income Tax Act. You risk facing legal complexities and potentially higher tax liabilities without this certificate.
Buy or rent your villa with confidence
With a TRC in hand, you’ll have the legal assurance you need even as tax laws in India change, you can confidently invest in villas in Coimbatore.
If you’re looking for a luxury villa, check out our projects like JRD Harmony Villas and Imperial Garden Villas. We also have 30 thoughtfully designed high-end villas at JRD Vistara Green. Call JRD Realtorss at +91 60339-33333 or download our app.