Phuket vs Goa vs Dubai 2026: The Indian HNI Property Decision

If you are an Indian HNI looking to deploy ₹2 crore or more into property in 2026, three names sit on every advisor’s whiteboard: Goa, Dubai, and Phuket. They are the three best-fit destinations for the modern Indian wealthy household — geographically close, English-friendly, with established Indian diasporas, and within the structuring tools (LRS, DTAA, Golden Visa) that Indian families actually understand.

Part of the Phuket Property by Nationality Master Guide 2026 — our complete pillar covering everything in this cluster.

The right answer depends entirely on what you want the property to do for you: pure rental yield, residency for the family, capital appreciation, lifestyle, or genuine portfolio diversification. This guide gives you the direct verdict in five lines, then a 15-row comparison table, three full deep-dives, a 5-year ROI projection on ₹2 Cr, and a profile-based decision matrix.

All numbers are April 2026, sourced from RERA Goa, Dubai Land Department (DLD), Bank of Thailand, Knight Frank Wealth Report 2025, the India-Thailand DTAA 1985, the RBI LRS framework, and the OECD Common Reporting Standard.

TL;DR — The Verdict Matrix in 5 Lines

1. For pure rental yield: Phuket wins — 8% to 12% gross vs Goa 5% to 7% and Dubai 5% to 8%. The Thai short-stay tourism market (over 39 million arrivals in 2025 per the Tourism Authority of Thailand) drives the highest cash-on-cash returns of the three.
2. For visa benefit: Dubai wins — the UAE Golden Visa at AED 2 million (~USD 545,000) is the cleanest residency-by-investment of the three. Phuket needs a separate Thai Privilege (Elite) Visa at THB 650,000 (~USD 18K) for 5 years. Goa offers no residency benefit because you are already Indian.
3. For familiarity and ease: Goa wins — domestic, INR-denominated, RERA-protected, no FEMA outflow, no DTAA, no CRS reporting, no foreign-quota rules. Weekend-flight accessible from every Indian metro.
4. For capital appreciation 2020 to 2025: Dubai wins historically — prime areas (Downtown, Marina, Palm) saw 15% to 25% per year through the 2022–2024 boom. Phuket prime delivered 8% to 15% per year in the same window. Goa prime delivered 5% to 8%. The 2025–26 cycle has Dubai stabilising and Phuket accelerating.
5. For lifestyle, diversification, and LRS-aligned entry: Phuket wins — international, USD/THB exposure (hedge against INR depreciation), $250K-LRS-friendly entry, Mumbai-Phuket 4.5 hours direct, and growing Indian diaspora with Hindu temples, Indian restaurants, and CBSE-aligned international schools.

Why Indian HNI Buyers Compare Exactly These 3 in 2026

The Indian HNI market has restructured rapidly post-2022. According to the Knight Frank Wealth Report 2025, India added the second-highest number of new ultra-high-net-worth individuals (UHNWI, $30M+ net worth) of any country in 2024, with the population of $4M+ “global wealthy” Indian households now over 800,000. Three macro forces are pushing this group toward overseas property:

1. The 20% TCS on outbound remittances introduced in October 2023 (raised the friction of overseas spending but did not block it for genuine investment under LRS)
2. Persistent INR depreciation (₹83.5 to ₹85+ per USD over 2024–2025) making USD/AED/THB-denominated assets attractive as a natural hedge
3. Rising income tax on Indian residents with surcharges at ₹50L and ₹2 Cr brackets making after-tax yields on Indian assets less compelling

Goa, Dubai, and Phuket sit at the intersection of three filters:

• Within geographic / cultural reach for an Indian household (under 6 hours flight, English/Hindi spoken, established Indian diaspora)
• Compatible with Indian capital outflow rules (Goa = INR domestic; Dubai and Phuket = LRS-eligible)
• Has a regulated property market (RERA in Goa, DLD in Dubai, Land Department + Condominium Act in Thailand)

Bali, Singapore, Sri Lanka, and London come up in conversation too, but each has friction points (foreign ownership restrictions in Bali, $1M+ entry in Singapore, currency / political risk in Sri Lanka, ATED and stamp duty in London) that filter them out for the typical ₹2–5 Cr Indian HNI buyer.

The Big Comparison: 15 Dimensions Side-by-Side

Dimension	Goa	Dubai	Phuket
Entry price for 1BR / studio (2026)	₹80L–₹1.2 Cr	AED 750K–1.2M (₹1.7–2.7 Cr)	THB 6M–10M (₹1.5–2.4 Cr)
Currency	INR	AED (pegged USD)	THB (semi-managed)
Gross rental yield	5% to 7%	5% to 8%	8% to 12%
Net yield (after costs)	4% to 5%	4% to 6%	6% to 9%
Capital appreciation 5-yr CAGR (2020–25)	5% to 8%	12% to 22%	8% to 15%
Ownership form	Freehold	Freehold (designated areas)	Condo freehold (49% quota) / Villa leasehold 30+30+30
Residency benefit	None (you are Indian)	Golden Visa 10 yrs at AED 2M	Privilege Visa 5/10/15/20 yrs at THB 650K–5M (separate purchase)
Income tax on rental	Slab rate (no deduction games)	0% UAE + India slab less DTAA	Thai PIT 10–15% effective + India slab less DTAA
Capital gains tax (sale)	India 12.5% LTCG	UAE 0% + India 12.5% LTCG less DTAA	Thai withholding ~2–6% + India 12.5% LTCG less DTAA
DTAA with India	N/A (domestic)	Yes (1992, revised 2007)	Yes (1985)
CRS reporting to India	N/A	Yes (UAE active in CRS since 2018)	Yes (Thailand active since Sep 2024)
Climate	Tropical, monsoon Jun–Sep	Desert, summer 45°C+	Tropical, low monsoon Apr–Oct
Direct flight time from Mumbai	1 hr	3 hrs	4.5 hrs
Indian diaspora estimate	Local (no diaspora needed)	3.5M+ Indian residents	50K+ in greater Phuket area (growing)
International schools (notable)	Bishop Cotton, Sharada Mandir	Dubai International, GEMS Wellington	British International Phuket (BISP), UWC Phuket

This table answers about 60% of the question. The remaining 40% is in the deep-dives below.

Goa Deep-Dive: What ₹2 Cr Buys, Real Yields, the Catch

₹2 crore in Goa today buys you a quality 2BR sea-view condominium in Anjuna, Vagator, or Assagao (north Goa) or a 2BR garden-view in Cavelossim or Varca (south Goa). Premium developments (Isprava, the Acres Club, Casa Anita) push to ₹3–4 Cr for the same footprint. RERA-registered, freehold, ready-to-occupy.

Goa Yield Math

Goa’s rental market splits cleanly into two segments:

• Long-stay rental (annual contracts, typical for Mumbai/Bangalore weekend home owners renting out off-season): 3% to 4% gross yield
• Short-stay Airbnb / villa rental (peak Nov–Mar high season, monsoon dead): 5% to 7% gross yield, but volatile

A ₹2 Cr property in Anjuna run as Airbnb hits ₹12L–₹15L gross annual revenue, less 25–30% to property manager + GST + maintenance = ₹8L–₹10L net = 4–5% net yield. RERA caps and increasing local-government scrutiny on short-term rental in Goa (2024 onward) are creating headwinds for the Airbnb model.

Goa Pros

• Easy capital deployment — no FEMA, no LRS, no overseas tax, INR-only
• Weekend access — 1-hour flight from Mumbai, 1.5 hours from Bangalore
• RERA protection — established consumer protection framework
• Liquid resale market — Indian buyer base is deep
• Domestic legal regime — your Mumbai or Delhi advocate handles everything

Goa Cons

• Monsoon kills 4 months of revenue (June through September)
• No international diversification — INR-only, no currency hedge
• GST 5% on under-construction (sometimes 12% with land value)
• Slower capital appreciation — 5% to 8% per year vs Dubai/Phuket at 8% to 22%
• Local-government short-stay restrictions rising (some panchayats banning Airbnb without registration)
• Saturation in popular pockets (Anjuna, Vagator, Assagao) creating oversupply at upper price points

Verdict: Goa Is the “Easy Yes”

Goa is the right answer for an Indian buyer who wants a low-friction weekend home with a moderate income kicker. It is the wrong answer if you want portfolio diversification, currency hedge, residency benefit, or yields above 5–6% net.

Dubai Deep-Dive: What ₹2 Cr Buys, Visa Math, the Reality of Service Charges

AED 750K to 850K (₹1.7–1.9 Cr at AED 23/INR) in Dubai today buys a studio in Dubai Marina, JLT, or Downtown. AED 1M to 1.2M (₹2.3–2.7 Cr) buys a 1BR off-plan in Mohammed Bin Rashid (MBR) City, Dubai Hills, or Town Square. Freehold, DLD-registered, escrow-protected for off-plan.

Dubai Yield Math

Dubai rental yields look strong on the gross line but compress fast at net:

• Gross yield Marina / JLT / Downtown: 5% to 6% (mature areas)
• Gross yield JVC / Town Square / Dubailand: 7% to 8% (newer / lower-amenity)
• Service charges: AED 10 to 15 per sqft per year (a 1,000 sqft 1BR pays AED 10K–15K = ₹2.3–3.5L per year)
• DEWA + chiller: AED 4K–8K per year if landlord pays
• Property management: 5% to 8% of rent
• Net yield after service charges, DEWA, management: 4% to 6%

A ₹2.5 Cr 1BR in Marina hits AED 75K–90K gross rent (₹17–21L), less AED 15K service charges + AED 10K management = AED 50K–65K net (₹12–15L) = 4.5–5% net yield.

Dubai Pros

• Highest historical capital appreciation — Dubai prime saw 15% to 25% per year 2022–2024, with prime sub-markets like Palm Jumeirah and Downtown still appreciating in 2025–26 (DLD data)
• 0% UAE income tax + 0% UAE capital gains tax — no local tax leakage
• AED-USD peg — currency stability, true USD exposure
• Mature regulator (DLD + RERA Dubai) — escrow accounts mandatory for off-plan, transparent transaction registry
• Excellent infrastructure — metro, airport, schools, healthcare
• Golden Visa pathway — AED 2M direct property buy gives 10-year residency for the whole family

Dubai Cons

• Service charges eat 2–3% of yield — visible only after the first owner statement
• Oversupply risk in Dubailand, Dubai South, MBR — over 30,000 new units forecast 2026 (DLD pipeline)
• Capital appreciation cycle is now mature — the 2022–2024 boom is unlikely to repeat at the same scale
• Indian taxation still applies for Resident Indians — rental and capital gain taxed in India less DTAA credit (UAE tax = 0, so no FTC offset, full Indian tax bill)
• Golden Visa requires AED 2M, not AED 750K — a ₹2 Cr investor below that threshold gets only a 2-year investor visa, not 10-year residency
• Summer climate — June through September is 40°C+ and most expat tenants leave

Verdict: Dubai Is the “Visa + Capital Preservation” Pick

Dubai is the right answer for an Indian HNI who wants a second residency for the family, USD-pegged capital preservation, and mature institutional infrastructure. It is the wrong answer if you are chasing 8%+ net yield or trying to repeat the 2022–2024 capital appreciation cycle.

Phuket Deep-Dive: What ₹2 Cr Buys, Yield Mechanics, the Real Bottleneck

₹1.5 to 2.4 Cr (THB 6M–10M) in Phuket today buys you a 1BR or 2BR luxury condominium in Bang Tao, Laguna, Surin, or Kamala. Freehold, foreign-quota condo title (Chanote), branded-residence rental management (Banyan Tree, Outrigger, Anantara, Centara). Off-plan from Banyan Group, Botanica, Origin Property, Sansiri, and others.

Phuket Yield Math

Phuket runs on a mixed long-stay + short-stay model through licensed rental managers:

• Pure short-stay Airbnb / vacation rental: 10% to 14% gross (high season Nov–Apr drives the year)
• Hotel-managed branded residence: 7% to 9% gross with profit-share
• Long-stay annual rental: 5% to 6% gross
• Mixed program (most common for foreign owners): 8% to 12% gross
• After 25–30% to property manager + 0% Thai property tax (under the small-owner threshold) + maintenance: 6% to 9% net

A ₹2 Cr 1BR in Bang Tao under a Banyan Group rental program hits THB 800K–1.2M gross (₹19–28L) net of operator share = THB 600K–900K (₹14–21L) net = 7–10% net yield.

Phuket Pros

• Highest net yield of the three — 6% to 9% net is achievable with the right project and operator
• Freehold condo title possible under the foreign-quota 49% rule — same legal protection as a Thai national
• $250K LRS-aligned entry — a single Indian individual can deploy a full LRS allowance into a 1BR within one financial year
• 4.5-hour direct flight from Mumbai — 1+ flight per day on IndiGo, Thai Airways, Bangkok Airways
• Tourism demand outlook — Tourism Authority of Thailand reported over 39M arrivals in 2025, with 2026 forecast of 40–42M
• Strong off-plan payment structure — 20–30% deposit + milestone schedule lets you spread cost across 2–3 LRS years
• Lower entry price than Dubai for equivalent quality — a ₹2 Cr Bang Tao 2BR matches a ₹3.5–4 Cr Dubai Marina 2BR on amenities

Phuket Cons

• Villa land must be leasehold (30+30+30) — only condos can be freehold for foreigners
• Resale market thinner than Dubai — fewer cash buyers for resale, longer time on market
• Foreign quota cap — only 49% of any condo building can be foreign-owned (so you compete for the foreign-quota units)
• Separate Thai Privilege Visa needed for residency (THB 650K–5M, additional cost)
• Currency: THB is semi-managed by Bank of Thailand — moderate volatility vs USD
• Rainy season Apr–Oct softer for short-stay — but Phuket has the lowest monsoon impact of the major Thai islands

Verdict: Phuket Is the “Yield + LRS + Diversification” Pick

Phuket is the right answer for an Indian HNI who wants the highest cash-on-cash yield of the three, genuine international diversification, LRS-aligned entry, and a growing off-plan capital appreciation cycle. It is the wrong answer if your top priority is family residency-by-investment (Dubai is cleaner) or frictionless familiarity (Goa is easier).

5-Year ROI Scenarios on ₹2 Cr Investment

Side-by-side projection assuming ₹2 Cr deployed on 1 January 2026 in each market, held for 5 years, and exited at the end of 2030. Assumptions are conservative-realistic, drawn from the deep-dives above. Numbers in ₹ Cr.

Metric	Goa	Dubai	Phuket
Initial investment	2.00	2.00	2.00
Gross annual yield	6%	6%	10%
Net annual yield (after local costs)	4.5%	5%	8%
5-yr cumulative net rental income	0.45	0.50	0.80
India tax on rental (slab 30% less DTAA)	0.13	0.15	0.16
5-yr after-tax rental income	0.32	0.35	0.64
Capital appreciation CAGR (5-yr forecast)	6%	7%	9%
Property value at year 5	2.68	2.81	3.08
Capital gain	0.68	0.81	1.08
Local exit costs (registration / SBT / DLD)	0.10	0.13	0.15
India LTCG @ 12.5% (after DTAA credit)	0.07	0.08	0.09
Net property value after exit	2.51	2.60	2.84
Total 5-yr return (rental + appreciation, net of all tax)	0.83	0.95	1.48
5-yr CAGR on initial ₹2 Cr	7.6%	8.6%	12.4%

Read of the numbers: Phuket delivers approximately 3.6 percentage points of additional CAGR over Goa and 3.8 over Dubai in this scenario, driven by both higher yield and faster appreciation. The trade-off is operational complexity (Thai filing + Indian DTAA + CRS reporting + offshore bank account management).

Visa & Residency Comparison — Schools and Healthcare

For an HNI buyer, the property purchase often unlocks a parallel decision: where the family lives part-time and where the children go to school.

Visa Pathways

Pathway	Goa	Dubai	Phuket
Direct property-to-residency	N/A	Golden Visa 10 yr at AED 2M	None — separate Privilege Visa
Investor visa (lower threshold)	N/A	2-yr investor visa at AED 750K	N/A
Long-stay residency by purchase	N/A	Yes via Golden Visa	Privilege Visa: 5 yr (THB 650K), 10 yr (THB 1.5M), 20 yr (THB 5M)
Family included	Indian by default	Spouse + children + parents under Golden Visa	Privilege Visa is single-holder; family separate
Citizenship pathway	Indian	UAE citizenship by exception only	Thai citizenship after 10+ yr residency, rare

International Schools (Notable)

Market	Top Schools	Approx Annual Fees (₹ equivalent)
Goa	Bishop Cotton, Sharada Mandir, Manthan International	₹3–6L
Dubai	Dubai International Academy, GEMS Wellington, Dubai College	₹15–35L
Phuket	British International School Phuket (BISP), UWC Thailand, Headstart, Berda Claude	₹8–22L

Healthcare

Market	Notable Facility	International-Patient Tier
Goa	Manipal Hospital Goa, Healthway	Domestic-tier
Dubai	Mediclinic City, Cleveland Clinic Abu Dhabi	International-tier, JCI-accredited
Phuket	Bangkok Hospital Phuket, Phuket International Hospital	International-tier, JCI-accredited

For an Indian HNI family with school-age children, Dubai schools are the most expensive and the most globally recognised; Phuket schools sit in the middle with strong British curriculum coverage; Goa schools are domestic-Indian-curriculum.

Indian Tax Matrix: All Three Side-by-Side

Tax Item	Goa	Dubai	Phuket
Local rental income tax	India slab (no separate state)	0% UAE	Thai PIT 10–15% effective
Indian rental income tax (Resident)	Slab 30%+SC+cess	Slab 30%+SC+cess less DTAA (UAE = 0, no offset)	Slab 30%+SC+cess less DTAA (Thai = 10–15% credit)
Local capital gains	India LTCG 12.5% / 20%+indx	0% UAE	Thai withholding 2–6% (Land Office)
DTAA available	N/A	India-UAE 1992/2007	India-Thailand 1985
TDS by tenant	31.2% on rent over ₹50K/m to NRI; nil for Resident	UAE: nil; India: nil if NRI tenant; Resident: nil	Thai 5% if tenant is company, 0% individual
Repatriation limit when selling	N/A (domestic)	$1M / FY (FEMA)	$1M / FY (FEMA)
CRS reporting to India	N/A	Yes (UAE in CRS since 2018)	Yes (Thailand in CRS since Sep 2024)
Schedule FA disclosure required	No (Indian asset)	Yes (Resident / RNOR)	Yes (Resident / RNOR)

The Dubai DTAA quirk is important: because UAE has 0% income tax, you pay 0 to the UAE side and the full Indian slab tax with no FTC offset. The Thailand DTAA quirk is the opposite: Thai PIT of 10–15% gives you a useful FTC against your Indian slab tax, lowering the combined effective rate. For a high-slab Indian Resident, Phuket is more tax-efficient than Dubai on rental income. See our full NRI tax DTAA guide for worked examples.

Diversification Logic: Why HNI Indians Often Buy 2 of 3

Most Indian HNI buyers we work with end up holding two of the three markets, not one. The combination depends on the household’s primary objective.

Goa + Dubai (Familiar + Visa)

Common profile: Mumbai-based business owner, ₹4–6 Cr to deploy, family with school-age children. Goa serves as the weekend home (frictionless, INR), Dubai as the family residency anchor (Golden Visa + international schooling + USD exposure).

Goa + Phuket (Lowest Entry + Highest Yield)

Common profile: Bangalore tech founder or Chennai professional, ₹3–4 Cr to deploy, no urgent residency need, optimising for income. Goa for the lifestyle, Phuket for the cash yield. Total LRS exposure under $250K per year stays compliant.

Dubai + Phuket (Residency + Yield)

Common profile: Delhi or Hyderabad UHNW, ₹6–10 Cr to deploy, kids being schooled in Dubai, separate income-producing asset in Phuket. Two LRS allowances (self + spouse) handle the Phuket entry; UAE Golden Visa handles residency.

All Three ($5M+ Portfolio Split)

Common profile: $5M+ Indian UHNW, all three for deliberate diversification across INR / AED / THB, with separate purposes (Goa = lifestyle, Dubai = residency + capital preservation, Phuket = yield + diversification).

Decision Matrix: Which Fits Your Profile

Buyer Profile	Recommended Choice	Why
First-time international buyer with ₹2 Cr	Phuket	Best yield, easy LRS sizing, freehold condo title, 4.5-hr flight
Family wants UAE residency for schooling	Dubai (Golden Visa)	10-year residency, family included, AED 2M threshold
Want monsoon-free weekend home with Mumbai access	Goa	1-hr flight, no FEMA, INR-only, RERA
Pure yield maximiser with ₹5 Cr	Phuket (2 properties via spouse LRS)	8–10% net yield, two LRS allowances cover the entry
Capital preservation in USD-equivalent ₹3 Cr+	Dubai prime (Marina, Downtown, Palm)	AED-USD peg, mature regulator, deep liquid market
Returning NRI in RNOR window	Phuket	RNOR window means tax-free capital gain on Phuket exit
Indian business owner with ₹6 Cr+	Goa + Dubai	Goa for weekend home; Dubai for family + capital
Bangalore tech founder, ₹4 Cr, optimising income	Goa + Phuket	Goa lifestyle + Phuket yield; full LRS used productively
HNI with school-age kids and ₹10 Cr+	All three	Diversification across INR / AED / THB with distinct purposes

FaqBlock and Lead Form

Frequently Asked Questions

Can I buy property in two of these markets in the same financial year via LRS? +

Yes — but the $250,000 LRS cap applies per individual per financial year, total across all overseas spending (property + travel + education + investment). A single Indian Resident cannot deploy $500K into two foreign markets in one FY. A married couple gets two LRS allowances ($500K total), so a couple can split — for example $250K each into Phuket, OR $250K Phuket and $250K Dubai. Goa is INR-only and does not consume LRS. Many Indian HNI families spread purchases across financial years (1 April to 31 March) to expand combined deployment.

Which has the best resale liquidity in 2026? +

Dubai by a clear margin. The Dubai Land Department reports over 100,000 transactions per year, with prime areas (Marina, Downtown, JLT) seeing weekly resale activity. Goa is liquid in popular pockets (Anjuna, Vagator, Cavelossim) but illiquid in less-known villages. Phuket is the least liquid of the three for resale — most foreign-buyer activity is in primary off-plan, with fewer cash buyers for resale condos. Time on market for a Phuket resale typically runs 6 to 12 months vs 2 to 4 months in Dubai. If liquidity is a top priority, Dubai is the answer.

Why not Bali instead of Phuket for Indian buyers? +

Three reasons. First, Indonesia does not allow foreign freehold ownership of any residential property — only leasehold (Hak Pakai, Hak Sewa) typically 25 to 80 years, with structural complexity. Second, Indonesia is not in CRS-active exchange with India in the same direct way Thailand is, but the structural ownership friction is the dealbreaker. Third, Bali has no DTAA with India that gives clean FTC credit for rental income. Phuket offers freehold condo, full DTAA, and CRS-compliant transparency — institutional-grade legal structure that Bali cannot match for a $250K+ LRS buyer.

Is Singapore a better diversification target than Dubai for Indian HNI? +

Singapore is excellent on every dimension except entry price. The Additional Buyer Stamp Duty (ABSD) for foreign buyers is 60% on top of the property price as of 2023. A SGD 2M condo costs SGD 3.2M after ABSD — roughly ₹20 Cr equivalent. This puts Singapore property out of reach for typical Indian HNI under ₹10 Cr deployment. Dubai (no foreign-buyer surcharge), Phuket (no foreign-buyer surcharge beyond standard transfer fee), and Goa (domestic) are all dramatically more accessible. Singapore makes sense at $5M+ per property only.

What about Sri Lanka vs these three? +

Sri Lanka had a brief moment 2019–2022 with the Colombo Port City project, but the 2022 economic crisis (sovereign default, currency collapse, IMF program) eliminated it from serious consideration for most Indian HNI buyers through 2026. The Sri Lankan rupee remains volatile, foreign-buyer rules tightened post-crisis, and resale liquidity is thin. Goa, Dubai, and Phuket are categorically lower-risk for the next 5-year horizon.

Can my company invest in overseas property instead of personal LRS? +

An Indian company (private limited or LLP) cannot use LRS — that is an individual-only scheme. Indian companies can invest abroad under the ODI (Overseas Direct Investment) framework, but ODI is restricted to genuine business operations (not passive property holding) and requires RBI approval for amounts above 4x net worth. The standard route for HNI investors is personal LRS plus joint family LRS (multiple individuals). For ultra-large investments ($2M+), some buyers use a Singapore or Dubai holding company funded by ODI for genuine business, then that entity holds the Phuket or Dubai property — but this requires careful FEMA + GAAR structuring and should not be attempted without specialist counsel.

When will RBI raise the LRS limit above $250,000 per year? +

There is no announced timeline as of April 2026. The $250K limit was set in 2015 and has not been revised. Recent RBI commentary (2024–25) has emphasised tightening rather than loosening — including the 20% TCS on remittances over ₹7L for non-education purposes (October 2023). The realistic planning assumption for Indian HNI buyers is that the $250K cap remains in place through at least 2027. Strategies that work within it include multi-year off-plan payment schedules in Phuket, joint LRS with spouse, and synchronising purchase milestones with Indian financial year boundaries (1 April reset).

Related Indian-Cluster Guides

• Phuket Property for Indian Buyers — The Complete 2026 Guide
• LRS Scheme & Thailand Property — Indian Buyer Compliance 2026
• NRI Tax on Thailand Property — DTAA, ITR-2, Repatriation 2026
• Is Phuket Property a Good Investment in 2026?

Get a 3-Market Comparison for Your ₹2 Cr+

Tell us your budget, residency goals, and yield preference — we send a side-by-side model with real Goa, Dubai, and Phuket listings within 48 hours.

Your name *

WhatsApp / Email *

Your budget — Select budget — Under $100,000 $100,000 – $200,000 $200,000 – $500,000 $500,000 – $1,000,000 $1,000,000+

Your goal — Select goal — Investment / rental income Lifestyle / vacation home Full relocation Just exploring

Any questions or comments

I agree to the processing of my personal data and consent to be contacted by MORE Group.

Get Your Phuket Shortlist — 0% Commission

Thank you! Our expert will contact you within 2 hours.

Something went wrong. Please try WhatsApp or email directly.