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Sell home in Delhi, transfer funds $ to USA
June 22 2012 , 09:58 PM   #1
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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!
July 18 2012 , 11:53 PM   #2
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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
July 19 2012 , 07:16 AM   #3
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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.
gauravji likes this.
September 16 2012 , 11:39 AM   #4
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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
December 8 2012 , 07:54 PM   #5
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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.
January 21 2013 , 04:05 PM   #6
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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.
January 21 2013 , 04:06 PM   #7
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I am resident of new delhi, I am interested in buying your property let me know, where your property is located.
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