Thank for your support in the past.
Currently i am in Canada in Permananent Resident (Still with Indian Passport) status and planning to appy for CITIZENSHIP.
I have two properties in India- 1. House in my father's name and 2. Appartment in my name with EMI still running.
House in Father's name:
Both of my father and mother have passed away and i dont have any sibilings.
I have a legalhier certificate stating that i am the only sone for my parents which i have got before i come to canada.
The document still in fathers name - consulted with lawyers and they mentioned that the property is automaticllay will be belong to me as i dont have any sibilings and it is not necesssary to change the name.(i believe the recommendation made by lawyers still hold good- Correct me if wrong)
House in My name:
The House is in my name and still i have house loan going with which i am planning to close in next few months.
a.) will there be any issues on these properties if i become a citizen of canada ?
b.) Should i do any procedures to protect these properties on the longer run?
c.) what would be the possible challenges i will face when selling these properties as NRI?
