Can NRI And PIO repatriate the sale proceeds of immovable property?

Posted On & filed under .

immovable-property

NRI/ PIO may repatriate the sale proceeds of immovable property in India (a) If the property was acquired out of foreign exchange sources i.e. remitted through normal banking channels I by debit to ‘NRE I FCNR (B) account The amount to be repatriated should not exceed the amount paid for the property: 1. in foreign… Read more »