In a recent and positive development for the Pakistani real estate sector, the Federal Board of Revenue (FBR) has officially announced that overseas Pakistanis will now be taxed at the same rates for all property-related transactions. This is a major shift from the previous structure, where non-resident Pakistanis, despite sending valuable remittances, were often treated as non-filers unless they completed specific documentation locally.
This update is expected to encourage more real estate investments from overseas, as it not only reduces the overall tax burden but also simplifies the process for expatriates to invest in their homeland.
What Does This Mean for Overseas Pakistanis?
Previously, overseas Pakistanis who were not active tax filers in Pakistan had to pay higher withholding taxes on property purchases, sales, and transfers. Even those sending remittances through official channels were still taxed like non-filers unless they registered with the local FBR system.
Now, the FBR has confirmed that overseas Pakistanis will be treated as tax filers, as long as they make transactions through proper remittance channels (such as banking channels or Roshan Digital Accounts).
This change reduces the withholding tax rate and improves the investment environment, making real estate deals more affordable for Pakistanis living abroad.
Key Benefits of the New FBR Policy
Let’s break down the direct advantages for the overseas community:
- Lower tax deductions on the sale/purchase of property
- Simpler process for investment, no more complications of active tax filing
- Encouragement to invest legally through remittances
- Boosts confidence in government facilitation for overseas Pakistanis
- Promotes growth in the real estate sector and the national economy
For thousands of overseas workers and business owners, this update brings relief and fresh motivation to invest in secure and growing projects in Pakistan.
Why Property Is Still a Good Investment
Even with global inflation and market fluctuations, real estate continues to be a stable and appreciating asset. For overseas Pakistanis who want to invest without the stress of currency depreciation or volatile stocks, land and property in Pakistan offer:
- Steady capital appreciation
- Rental income potential
- Inheritance value for families
- Long-term security in a tangible asset
Moreover, now that taxation concerns have eased, it’s even easier to build wealth through smart property investment.
A New Opportunity for Overseas Pakistanis
This is the right time to take advantage of this policy change. Investing in trusted, NOC-approved housing societies with clear documentation ensures peace of mind and future profits. Additionally, by choosing projects with flexible installment plans, overseas investors can enter the market without any financial pressure.
Featured Investment Opportunity
For overseas Pakistanis seeking a secure and scenic investment, Lakeshore City offers an unmatched blend of affordability, beauty, and trust. Here’s why this project is ideal:
- Zero down payment and no confirmation charges
- Just PKR 25,000 to book your 5 Marla plot
- Easy 60-month installment plan, perfect for long-distance investors
- Options available in Lakeshore Residencia, Commercial, and Farms
- NOC approved and legally secure
- Beautiful mountain backdrop and serene dam view
Whether you want to build a future home, hold for value, or create a passive income stream, Lakeshore City welcomes overseas investors with open arms.
Conclusion
This policy shift is a big win for overseas Pakistanis. By bringing them into the filer category, the FBR has acknowledged their contribution to the economy and made it easier for them to invest in real estate. If you’re living abroad and planning for retirement, family security, or smart investing, this is your moment. Explore well-planned societies like Lakeshore City and let your investment work for you, back home.
FAQs
Q1: Do overseas Pakistanis still need to file a tax return to get filer status?
No. If you send money through official remittance channels, you’re now treated as a filer automatically for property transactions.
Q2: What’s the main benefit of this new FBR policy?
The biggest advantage is lower withholding taxes for overseas Pakistanis during property buying or selling.
Q3: How can I prove my filer status as an overseas Pakistani?
As long as your transaction is routed through banks or Roshan Digital Account, it’s considered compliant.
Q4: Can I invest in Lakeshore City from abroad?
Yes. You can book plots online and make payments through your official bank channels. The process is safe and transparent.
Q5: Are there any hidden costs while booking a plot at Lakeshore?
No. There’s no down payment or confirmation charges. Your PKR 25,000 booking is also your first installment.
Q6: Why is real estate a good option for overseas retirement planning?
It offers stable long-term returns, inheritance value, and inflation protection, especially with reduced tax rates now.
