London Stock Exchange · Real Estate
Invest in Living REIT stock from India
Indian and foreign residents can buy Living REIT (LIVE) shares directly through Paasa.
By Paasa · Updated
Living REIT at a glance
- Price
- £0.74-£0.01 (0.81%)
- Market cap
- £338.24M
- Day range
- £0.74 – £0.75
- P/E
- 18.65
- Dividend yield
- —
- Volume
- 273.47K
How to invest in Living REIT from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search LIVE and buy
Find Living REIT by name or by its ticker, LIVE, and place your order.
Why invest in Living REIT from India
What Living REIT does
Living REIT Plc is a closed-ended investment company, which engages in providing shareholders with an attractive level of income, together with the potential for capital growth from investing in a portfolio of social homes. It invests in social housing assets in the United Kingdom, with a particular focus on specialized supported housing. Living REIT operates in the REIT - Diversified industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Here's what inheritance rules in the UK mean for your Living REIT shares.
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents.
Frequently asked questions
Can I buy Living REIT stock from India?
Yes. Indian residents and NRIs can buy Living REIT (LIVE) shares directly through Paasa. Living REIT is listed on the London Stock Exchange, in the REIT - Diversified industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Living REIT dividends taxed for Indian investors?
The UK levies 0% withholding tax on company dividends paid to non-residents. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.
What tax do I pay in India when I sell Living REIT shares?
Non-residents are exempt from UK capital gains tax on the disposal of listed shares. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
What happens to my Living REIT shares if I pass away?
Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. The rule looks at everything you hold there, not at Living REIT alone.
Is there stamp duty when I buy Living REIT shares?
The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it.