Sell home in Delhi, transfer funds $ to USA - Indian Real Estate Forum

ziffusion · 22-06-12

I would appreciate any feedback from folks who know about this. We have a flat in New Delhi we need to sell, and then transfer the proceeds to USA in dollars. What is a good way to do this? I mean, from the perspective of tax efficiency.

My mother owns the. Both her and I are USA citizens. We can sell the flat in her name, or it can be transferred to me and then sold.

Thanks in advance!

ziffusion · 18-07-12

Quote:

Originally Posted by gauravji

There are couple of ways you can transfer the money to USA. I am from USA also and may be interested in buying your property. Please send me a email with your contact number and then we can go from there.

Regards,
GauravJi

Hi

You can PM me

ziffusion · 19-07-12

Quote:

Originally Posted by gauravji

There are couple of ways you can transfer the money to USA. I am from USA also and may be interested in buying your property. Please send me a email with your contact number and then we can go from there.

Regards,
GauravJi

Hi

You can talk to me on Skype (from my profile page). I just enabled it.

Paramsaini · 16-09-12

Any thoughts on the question that the thread was meant for? Transfer of funds from India to US- best possible manner; any tax implication in either country

sharmafire · 08-12-12

My friend need to sell some property in Delhi and remit the amount to UK to invest for a house or flat there due to his family needs.
needs to know the best efficient way as selling that in Delhi is easy and money will be in two ways one the amount which will be of registration value in the form of bank draft and another substantial cash component.
How to deal with this issue.

property24 · 21-01-13

It depends totally for how much you are selling mean White & black Ratio it would be great if deal total white, then it is easy to send money to other country.

property24 · 21-01-13

I am resident of new delhi, I am interested in buying your property let me know, where your property is located.

22-06-12	#1
ziffusion New Member Join Date: Jun 2012 Posts: 8 Likes Received: 1 Likes Given: 0	Sell home in Delhi, transfer funds $ to USA I would appreciate any feedback from folks who know about this. We have a flat in New Delhi we need to sell, and then transfer the proceeds to USA in dollars. What is a good way to do this? I mean, from the perspective of tax efficiency. My mother owns the. Both her and I are USA citizens. We can sell the flat in her name, or it can be transferred to me and then sold. Thanks in advance!

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16-09-12	#4
Paramsaini New Member Join Date: Sep 2012 Location: Seattle Posts: 16 Likes Received: 0 Likes Given: 0	Any thoughts on the question that the thread was meant for? Transfer of funds from India to US- best possible manner; any tax implication in either country

08-12-12	#5
sharmafire Member Join Date: Dec 2007 Posts: 217 Likes Received: 14 Likes Given: 10	My friend need to sell some property in Delhi and remit the amount to UK to invest for a house or flat there due to his family needs. needs to know the best efficient way as selling that in Delhi is easy and money will be in two ways one the amount which will be of registration value in the form of bank draft and another substantial cash component. How to deal with this issue.

21-01-13	#6
property24 New Member Join Date: Dec 2012 Posts: 11 Likes Received: 0 Likes Given: 0	It depends totally for how much you are selling mean White & black Ratio it would be great if deal total white, then it is easy to send money to other country.