Thursday, April 04, 2013

British expats in Goa face prospect of losing dream retirement homes...

Dozens of British and other foreign expats in Goa face losing their dream retirement homes and businesses over claims that they have been bought illegally.

Twelve properties have already been confiscated while 32 owners have been served with eviction notices amid growing local resentment of foreigners owning homes and businesses in Goa. Local politicians have whipped up nationalist feelings against foreign owners who they blame for inflating property prices in the tropical holiday state.

A large influx of Russian and Israeli buyers has heightened tensions in the state amid allegations of drug trafficking and prostitution.

Local officials have identified around 450 foreign-owned properties in the state they believe were purchased illegally, many of them small retirement apartments, guesthouses and hotels owned by British residents.

 One British guest house owner, who asked not to be named for fear of recrimination, said the move was motivated by “racism” which had been encouraged by local politicians. Full story...

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