Back to Top of Index Question-107: Can sale proceeds of such property sold would be permitted to be remitted out of India ?
Yes. Repatriation of original investment in respect of properties purchased on or after 26th May 1993 will be allowed to be remitted upto the consideration amount originally remitted from abroad provided the property is sold after a period of three years from the date of final purchase deed or from the date of payment of final instalment of consideration amount, whichever is later. Applications for the purpose are reqiored to be made to the Central Office of Reserve Bank within 90 days of the sale of property in the prescribed form.
Related Questions
- Back to Top of Index Question-107: Can sale proceeds of such property sold would be permitted to be remitted out of India ?
- Back to Top of Index Question-101: Can sale proceeds of such property if and when sold be remitted out of India ?
- Can sale proceeds of such property when sold be remitted out of India?
