Repatriation of Assets

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Repatriation of Assets – N.D. Savla & Associates

For many Non-Resident Indians (NRIs), managing inherited wealth, property sale proceeds, or accumulated savings in India requires careful planning. Repatriation of assets from India is governed by the Foreign Exchange Management Act (FEMA) and Reserve Bank of India (RBI) guidelines, and non-compliance can lead to delays or penalties. At N.D. Savla & Associates, we simplify this process by ensuring full compliance while maximizing your eligible repatriation.

Overview

Repatriation of assets includes the transfer of property sale proceeds, inherited wealth, investments, and savings from India to your overseas account. It involves tax clearance, FEMA approvals, and bank procedures — all of which require professional guidance.

Features

  • Advisory on repatriation of sale proceeds of property (residential or commercial)

  • Assistance in transfer of inherited assets abroad

  • Structuring of remittances under Liberalized Remittance Scheme (LRS)

  • Compliance with FEMA and RBI guidelines for asset transfers

  • Chartered Accountant certification for Form 15CA & Form 15CB

Documents Required

  • Passport & Visa copies

  • PAN card

  • Bank account details (NRO/NRE)

  • Sale deed (for property transactions)

  • Inheritance documents (will, succession certificate, probate order)

  • Gift deed (if applicable)

  • Bank statements showing source of funds

  • Chartered Accountant certificate (Form 15CB)

Procedure

  • Verification of Assets – Identify the nature of asset (sale proceeds, inheritance, investment, or gift).

  • Tax Computation – Calculate applicable capital gains tax or income tax liability.

  • Certification – Chartered Accountant issues Form 15CB certifying tax compliance.

  • Online Filing – File Form 15CA on the Income Tax Portal.

  • Bank Submission – Submit FEMA declaration, CA certificates, and supporting documents to your Authorized Dealer Bank.

  • Execution – Funds or assets are repatriated abroad as per RBI limits and guidelines.

Why This Matters

Without proper planning, NRI asset repatriation can face unnecessary hurdles from banks, tax authorities, or FEMA restrictions. With our expertise, your repatriation of assets from India is handled legally, smoothly, and with maximum efficiency.