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How can an NRI sell property in India and repatriate funds from India?

1 Answer
L
Likhitha Mukherjee

NRIs can transfer the proceeds from their sale to their foreign bank account by completing the required paperwork to a bank recognised by the Reserve Bank of India (RBI). They must get a certificate from a certified accountant attesting that all taxes have been paid and present evidence of the sale. They should speak with a tax expert to understand the tax implications of repatriating their money.

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