Repatriation

Repatriating sale proceeds — the USD 1M limit

The annual ceiling, the documents, and how to split larger estates across years and account holders.
01

The cap

USD 1M per NRI per financial year from NRO. Applies to sale proceeds, inherited assets and current income above the standard repatriable categories.

02

Splitting

Joint owners each get their own cap. Larger estates split across two financial years (March-April timing) and across spouses.

03

Documents

Form 15CA (online declaration) + Form 15CB (CA certificate). CA signs only against a clean source trail — sale deed, TDS challan, capital gains computation.

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