Hello friends,
I have read rules about being able to repatriate sale of property from India to USA.
One of the item required is following.
>Evidence that the acquisition was from repatriable sources (inward remittance >certificate and/or certificate that the payment was made from NRE/FCNR deposits)
This basically asks for a proof that the money was paid from foreign accound.
My question is; Is there a format in which we should maintain this info.
Who/How do we get this inward remittance certificate.?
What are different ways to bring money from India to USA?
It would be helpful information to the thousands of us if some one has done it
so please post your experience and knowledge about this issue.
Thanks
BK
I have read rules about being able to repatriate sale of property from India to USA.
One of the item required is following.
>Evidence that the acquisition was from repatriable sources (inward remittance >certificate and/or certificate that the payment was made from NRE/FCNR deposits)
This basically asks for a proof that the money was paid from foreign accound.
My question is; Is there a format in which we should maintain this info.
Who/How do we get this inward remittance certificate.?
What are different ways to bring money from India to USA?
It would be helpful information to the thousands of us if some one has done it
so please post your experience and knowledge about this issue.
Thanks
BK