US Green Card restrictions: Will Indian techies invest in property back home?
The US suspended the Permanent Labour Certification (PERM) programme, prompting Indian tech professionals to reconsider repatriating dollar savings for property investments in India. Experts suggest that while some may buy homes, a mass repatriation is unlikely due to currency concerns and ongoing employment opportunities in the US. The impact on India's housing market remains uncertain as NRI purchases constitute a small share.