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The siblings have now decided to sell it. Again I want to know how can I repatriate the funds from the sales proceeds, any special regulations when it comes to inherited property?

April 26, 2017comes decided funds proceeds regulations repatriate sale sell siblings special

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The siblings have now decided to sell it. Again I want to know how can I repatriate the funds from the sales proceeds, any special regulations when it comes to inherited property?

1 Answer

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Posted

Yes, the government allows you to repatriate in a calendar year USD 1 million. So if you have inherited property worth a million dollars, without a problem he can repatriate that money. So in that respect there shouldn’t be any problem.