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NRI Investment

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NRI REPATRIATION

The NRI's are permitted to repatriate rupee funds/assets from India as under:
All types of current income in the nature of Interest, Dividends, Pension, Rent, Mutual Fund distribution is permitted for repatriation. The sale proceeds of the immovable property acquired by the NRI in foreign exchange is allowed to be repatriated up to the value of Purchase consideration paid in Foreign Exchange. NRIs are allowed to repatriate the rupee funds to meet the medical expenses abroad of the account holder or his family members. NRIs are allowed to repatriate the rupee funds to meet expenses in connection with education of their children. The sale proceeds of the immovable property acquired by the NRI in foreign exchange is allowed to be repatriated up to the value of Purchase consideration paid in Foreign Exchange.

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