All You Need to Know About ‘Roshan Apna Ghar’ Program for Overseas Pakistanis [Video]

Prime Minister Imran Khan has launched ‘Roshan Apna Ghar’ program for overseas Pakistanis to acquire property in Pakistan through their Roshan Digital Accounts.

Addressing the launching ceremony in Islamabad on Friday evening, the Prime Minister termed overseas Pakistanis as huge asset of the country. He said unfortunately, potential of the overseas Pakistanis has never been tapped.

Imran Khan said worth of nine million overseas Pakistanis’ assets abroad is equal to the total GDP of Pakistan, which is a big source of investment to Pakistan. 

The Prime Minister said huge impediment in investment from overseas Pakistanis is corruption in the country. He said Ease of Doing Business has improved in the country and efforts are on to enhance it further.

He said the Roshan Apna Ghar scheme will provide a guarantee to the investors and will bring dollars to reduce current account deficit. He said this will also help to have a sustainable growth in the country.

Speaking on the occasion, Finance Minister Shaukat Tarin said this scheme will help to retain the money coming from Roshan Digital Account. He said a massive investment is expected in real estate sector.

Earlier highlighting salient features of the scheme, Governor State Bank of Pakistan, Reza Baqir said overseas Pakistanis can now buy or obtain financing for property in Pakistan from anywhere in the world.

He said they can apply remotely and digitally to procure banks’ pre-approved projects or any other property.

Reza Baqir said the investment made through this initiative will be fully repatriable and no question will be asked in this regard.

He said the scheme contains a simplified, full and final taxation regime. He said it is available in conventional as well as Islamic modes.

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