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Repatriation of Sale Proceeds: Step-by-Step Guide for NRIs in Canada & USA

Selling property in India is only half the journey. For most NRIs in Canada and the USA, the real challenge begins after the sale, when it’s time to move the money abroad legally, efficiently, and without unnecessary losses. Here’s a clear step-by-step guide to repatriating sale proceeds from India, without delays or surprises.

Remittor Editorial Team
NRI Wealth & Global Finance Specialists
January 15th, 2026

Key Legal Requirements for NRI Property Sales

Valid PAN card and Aadhaar documentation

No Objection Certificate (NOC) from relevant authorities

Property title verification and clear title documents

Power of Attorney registration (if using representative)

FEMA compliance documentation for fund transfer

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"Understanding FEMA regulations is crucial for smooth fund repatriation. Many NRIs face delays simply because they're unaware of the documentation requirements."

Rajesh Kumar, Tax Consultant

Step-by-Step Documentation Process

Valid PAN card and Aadhaar documentation

No Objection Certificate (NOC) from relevant authorities

Property title verification and clear title documents

Power of Attorney registration (if using representative)

FEMA compliance documentation for fund transfer

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Expert Interview: Navigating NRI Property Tax

Watch our conversation with CA Meera Patel about optimizing tax liability on property sales

Remittor Editorial Team
NRI Wealth & Global Finance Specialists
January 15th, 2026

The Remittor editorial team writes expert articles on property sales, taxation, and cross-border wealth transfer to help NRIs navigate complex financial and legal processes with clarity and confidence.

Step 1: Ensure the Property Sale Is RBI-Compliant

Repatriation starts with a compliant sale.

Before money can move out of India, authorities check:

  • Property ownership validity
  • Mode of acquisition (purchase vs inheritance)
  • Sale consideration received via banking channels

Any informal payment or documentation gap can halt repatriation entirely.

Step 2: Calculate Capital Gains Accurately

Capital gains tax must be computed correctly before funds are transferred.

This includes:

  • Identifying long-term vs short-term gains
  • Applying indexation
  • Claiming eligible exemptions

Why this matters: Excess TDS is one of the biggest reasons NRIs lose lakhs during repatriation.

Step 3: Pay Applicable Taxes in India

Before repatriation:

  • Capital gains tax must be paid
  • Tax challans must be generated
  • Supporting computation documents prepared

Banks will not process outward remittance without verified tax compliance.

Step 4: Prepare Mandatory RBI & Tax Forms

To move funds abroad, NRIs must submit:

  • Form 15CA – declaration of remittance
  • Form 15CB – CA-certified tax confirmation

These forms validate:

  • Source of funds
  • Tax paid
  • Eligibility for repatriation

Errors here are a common cause of rejected remittances.

Step 5: Transfer Funds from NRO Account

Sale proceeds are typically credited to an NRO account.

From there:

  • Funds are remitted abroad under the USD 1 million annual limit
  • Transfers are processed via authorized dealers

Choosing the wrong bank channel often results in:

  • Poor exchange rates
  • High bank charges
  • Unclear timelines

Step 6: Receive Funds in Canada or USA

Once processed correctly:

  • Funds are credited directly to your overseas account
  • Transfers are fully compliant with Indian and foreign regulations
  • Documentation remains audit-ready

Common Repatriation Mistakes NRIs Make

  • Assuming banks handle tax optimization
  • Ignoring repatriation limits
  • Filing incorrect 15CA/15CB forms
  • Using standard bank FX rates without comparison

Each mistake can cost time, money, or both.

Why End-to-End Planning Matters

Repatriation is not just a wire transfer.

It’s a coordinated process involving:

  • Property law
  • Indian taxation
  • RBI compliance
  • Cross-border money movement

When handled together, NRIs benefit from:

  • Faster transfers
  • Better exchange rates
  • Lower tax leakage
  • Complete peace of mind

If you’re an NRI in Canada or the USA planning to sell property in India, the difference between a smooth exit and years of frustration comes down to planning before the sale, not after.

Remittor Editorial Team
NRI Wealth & Global Finance Specialists
January 15th, 2026

The Remittor editorial team writes expert articles on property sales, taxation, and cross-border wealth transfer to help NRIs navigate complex financial and legal processes with clarity and confidence.

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