Repatriation and Remittance

Transactions involving repatriation and remittance of funds out of and into India is a subject matter that is governed by the Foreign Exchange Management Act, 1999 (FEMA) read with Reserve Bank of India (RBI) directives. In this regard, the RBI has delegated powers, to 'Authorised Dealers' (AD) of foreign exchange, being banks and/or financial institutions, to process applications and effect repatriation of funds from India.

Guidelines governing repatriation for Non-Resident Indians (NRI's), Overseas Citizens of India (OCI's) & Persons of Indian Origin (PIO)

Repatriation of proceeds from sale of property in India

NRI's, OCI's & PIO's may repatriate outside India, the sale proceeds from residential property provided:

Our services in this area include

  • Analyzing Permissibility: We assess the permissibility of fund repatriation or remittance based on applicable regulations.
  • Advising on Limits and Conditions: We provide guidance on the prevailing limits or conditions, if any, regarding repatriation of funds.
  • CA Certificate (Form 15CB): We provide the necessary CA certificate (Form 15CB) required for repatriating funds out of India.
  • Assisting with Self-Declaration (Form 15CA): We assist you in the submission of the self-declaration (Form 15CA) required for the repatriation process.

Trust Nobilis NRI Taxation to navigate the complexities of repatriation and remittance, ensuring compliance with the guidelines and making the process seamless for you. Contact us today for expert assistance in repatriating funds from the sale of property in India.

Enquire Now!

Enquire now about Repatriation and Remittance




    0+

    Happy Clients

    0M

    Taxes Saved

    0

    Countries

    Book a consultation