NRI buyers
What repatriation limits apply when an NRI sells inherited land?
Under LRS + repatriation rules, NRIs can repatriate up to USD 1 million per financial year from sale proceeds of inherited property, subject to Form 15CA/CB filing and TDS deducted (typically 20% for LTCG post-indexation). Capital gains tax planning is important — talk to a CA before the sale, not after.