Prime Minister of Pakistan Imran Khan, while addressing in an event named Overseas Pakistanis an essential asset of the state. He called them a necessary part of the economy of the country.

But if we look at the practices of the previous methods of the governments, there is nothing much to talk about what has been done to facilitate this critical asset of the country.

Prime Minister Imran Khan

If we look at other countries, it is pretty understandable that they have done a lot to protect foreign investors and facilitate them.

In retrospect, investment in Turkey gets you the country’s citizenship, and an investor can enjoy a lot of tax relaxation. These kinds of practices are not present in Pakistan.

Benefits of Investment in Turkey

This lack of existing policy and lack of investment opportunities for overseas Pakistanis halted the country’s foreign revenue. It created a bridge between exports and imports. It made a trade deficit for the community.

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Prime Minister Imran Khan’s vision for Overseas Pakistanis

Prime Minister Imran khan has a broad vision for overseas Pakistanis. A lot of initiatives and schemes have been started. To bring back the confidence in overseas Pakistanis, many efforts are being made.

PM Imran Khan on Overseas Pakistanis

Two such schemes are:

Sohni Dharti Remittance Program

 This program was launched in light of the recommendations made by the Prime Minister to provide VIP treatment to overseas Pakistanis.

Sohni Dharti Remittance Program

This scheme was formulated to provide rewards to overseas Pakistanis if they sent remittances to the country through banking channels.

 While talking about this program, the prime minister said that “it will bridge the gap between exports and imports.”

 Usage of the remittances

These remittances can be used in:

  • A commercial investment can be a business investment or a real estate investment.
  • A domestic application like groceries and shopping.
Prime Minister Imran Khan talking about Sohni Dharti Remittance Program

Reward system on remittances

Governor State Bank Raza Baqir told the media about the remittance reward system 

Governor State Bank Raza Baqir addressing press

There will be three categories of reward points for the foreign remittances:

Green card category

If a person sends remittances to the limit of $10,000 or equivalent to that amount in a fiscal year, they will be awarded a 1% reward.

State Bank tweets the rewards of Sohni Dharti Remittance Program
Gold card category

 If a person sends remittance in the range of $10,000- $30,000 in a fiscal year, the remitter will be rewarded a 1.25% reward.

Sohni Dharti Remittance Program for the overseas Pakistanis
Platinum card category

If a person sends remittances of more than $30,000 in a fiscal year, he will be given a 1.5% reward.  

The Prime minister also said that “we have given small incentives to the overseas community and record remittance of 30 million dollars have been generated”.

Sohni Dharti Remittance Program

Roshan Apna Ghar Initiative

The overseas Pakistani investment in the real estate sector was very little.  Criminal groups looted those who did invest in the property sector of Pakistan. The level of trust in the investment in real estate was diminished. Previous governments were unable to protect foreign investors or overseas Pakistanis.

Roshan Apna Ghar initiative by Prime Minister Imran Khan

In light of these circumstances and according to the guidance of Prime Minister Imran Khan, the federal government launched the Roshan Apna Ghar initiative.

In light of this project, the investment in the real estate sector was made safe if a person wanted to buy a plot or was doing some other kind of real estate investment; the bank would make sure that the entity in which they are investing in actual, and it exists.

While talking to Gulf News, the information minister Fawad Chaudhary said, “prime minister stands with the overseas Pakistanis. Pakistan will launch dedicated housing projects.”  

While talking about previous principles, Prime Minister Imran Khan said, “overseas Pakistanis used to invest in real estate, but they used to get occupied by criminal groups.”

 This initiative made investments in the real estate sector very easy and handy. A person sitting abroad can manage to buy properties online without the fear of getting cheated and hood-winked.

Online property portals  

These initiatives have made online property portals very significant. Now people living abroad can buy properties through these online portals.

Makaanshop

Makaanshop is an online property portal where people can buy and sell their properties. You can also rent a property through the Makaanshop property portal.

Makaanshop prides itself on bringing in unique and interactive practices in the real estate sector in Pakistan. 

It is working day and night to bring you the best investment opportunities and make your purchase the best purchase you have ever made. 

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