Category: Invest in India

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What’s the best way to send money to India?

There are several ways that one can send money to India. The following are some, not in any particular order. Usually, when you use your debit card instead of your checking account and pay the fast transaction fees which is higher than regular speed with checking account, the funds will reach very quick.  The following are some.  Xoom Remitly– Gives better rates than Xoom in our experience. Get a $15 discount with my Remitly referral...

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Buying a property in India from USA? How to prepare Special Power Of Attorney to allow someone to buy and register on your name?

Are you planning to buy a property in India? Are you unable to go to India to do it as you are busy in your job? Do not worry.  There is a very simple procedure to do this.  We have done this before. We didn’t have to go to India to do this.  But, you need a trusted person there to do all this. Whether it is a piece of land or commercial building, you...

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Sale of NRI inherited Property and Repatriation of money

Do you have inherited property in India? Do you want to sell and bring money here? It is not much difficult to repatriate the sale proceeds from India but little bit advance planning will save you time and money. The sale amount put into your NRO account can be repatriated up to $1 million per year subject to certain formalities. All the banks in India dealing in foreign exchange can transfer money to your account...