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Parents are in the process of getting GC. I would like to know if the authorities in India (RBI?) have a 'limit' on how much CASH people can bring over to USA? Let's say that parents have approx $100,000 in cash (various bank accounts, etc). If they withdraw everything, does the Indian govt...

Again, great info @Britsimon .. I will move the India specific question to a new thread, so that the 'subject' can reflect the content.

Thanks @Britsimon ... If I understand this correctly.. If they DO NOT have their GC yet, and they sell the property, are there no tax implications if they move the proceeds via forex brokers? If the ALREADY have their GC and sell the property, USA will tax the proceeds? Another "India"...

Hello all, My parents are in the process of getting their GC from India (I am a US Citizen). They have a few real estate properties, all in their name, back in India. Now, if they sell all the properties, what is the best way to transfer the money to USA? They want to 'fund' their complete...