Power of Attorney (POA) enables the applicant living abroad to appoint a person or organization from abroad to manage his/her property or affairs in Bangladesh. POA executant(s) and recipient(s) MUST read ‘Power of Attorney Act-2015’ carefully prior to initiating the application process.
Some of the situations in which an overseas power of attorney may be useful include:
Overseas property transactions
Cross border litigation matters
Overseas inheritance cases
Foreign corporate transactions