What Does nri selling property in india power of attorney Mean?
What Does nri selling property in india power of attorney Mean?
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Hi! My father inherited agricultural land from his father and created a house during the village , away from the farm land and now he has passed absent but have mom and wish to sell the agricultural lands and also have money repatriated to U.
No. You will now not be capable to accessibility your property finance loan or deposit account through Citi Online and the Citi Cell® Application soon after your account has moved and we’ll Enable you are aware of prior to this occurs.
Upon the sale of immovable property in addition to agricultural land, farmhouse, or plantation property in India by an NRI or PIO, repatriation of sale proceeds exterior India is allowed if the following ailments are achieved:
Specified the performance and economic prudence this process features, it truly is broadly advisable for NRIs in 2025.
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At this stage, there is not any impact to the Citi branded charge card and you can continue to make use of your card as usual. We are going to notify you as required of any adjustments to your Citi branded bank card ahead of time.
Can the sale proceeds in the immovable property purchased though remaining a Resident be remitted abroad by NRI?
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