Guides · 6 min read
Selling property as an NRI and repatriating the money
TDS, capital gains, NRO accounts, and the Form 15CA/CB path — what to line up before you accept an offer.
Before you list
Clean title (EC for 30 years), mutation in your name, and tax receipts up to date. Buyers' banks reject NRI sales for missing paperwork more than for price.
Tax at sale
The buyer deducts TDS on the sale value for NRI sellers (rates depend on holding period). You can apply for a lower-deduction certificate in advance. Long-term capital gains may be reinvested to save tax — talk to a CA before agreeing the timeline.
Getting the money out
Proceeds land in your NRO account. Repatriation of up to USD 1 million per financial year is generally allowed with a CA certificate (Form 15CB) and Form 15CA filed with the bank. Agricultural land has additional restrictions on who can buy it.
General information only; rules vary by state and change often. Confirm with a lawyer or CA before acting.