Overseas Pakistanis: ECAP welcomes digital property registration

KARACHI: Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Muhammad Bostan, has welcomed the Sindh Cabinet’s approval of digital property registration for overseas Pakistanis and the reports regarding the online execution of sale deeds.

He stated that this decision will greatly facilitate overseas Pakistanis in registering their properties.

Malik Muhammad Bostan said that overseas Pakistanis are a precious asset to the country, and the remittances they send home play an important role in strengthening Pakistan’s foreign exchange reserves. Therefore, he emphasized that both federal and provincial governments should provide maximum possible facilities to overseas Pakistanis.

Citing data from the State Bank of Pakistan, he stated that in December 2025, remittances from overseas Pakistani workers amounted to US$3.6 billion, reflecting a year-on-year increase of 16.5% and a month-on-month increase of 12.6%. During the first half of fiscal year 2025–26, total remittances reached US$19.7 billion, marking a 10.6% increase compared to US$17.8 billion received during the same period last year.

He further said that overseas Pakistanis have always played their role in serving the country’s interests while residing abroad.

The Sindh government has not only approved digital property registration for overseas Pakistanis but has also decided to amend the Sindh Registration Act, 1908, with the objective of making property registration easier for Pakistanis living abroad. These measures will significantly simplify the property registration process for overseas Pakistanis.

Malik Muhammad Bostan also appreciated the amendment to Section 38 of the Sindh Registration Act, 1908, which grants overseas Pakistanis exemption from appearing in person at registration offices.

Copyright Business Recorder, 2026