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What if the Personal Representative is unable to dispose of the foreign beneficiaries interest in the property within 5 years?
He can apply online for an extension of time to do so. A non-refundable application fee is payable.
Related questions
What if the housing developer is not able to complete the housing development within the 5-year period?
Can a foreign company purchase restricted residential property?
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Can a Personal Representative, who is a foreign person, acquire legal title to the property as a Trustee or Executor?
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If the foreign beneficiary is not allowed to acquire restricted property through inheritance, what happens to his beneficial interest?
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