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of <h1>Foreign Citizens Can Remit Up to $1M Annually from India with Proper Documentation and Compliance Under Specific Regulatory Provisions</h1> A foreign citizen who has retired from employment in India, inherited assets, or completed studies may remit up to USD 1 million annually through an authorized dealer with supporting documentary evidence. Non-Resident Indians and Persons of Indian Origin can similarly remit funds from NRO accounts, asset sales, or inheritance, subject to specific conditions and documentation requirements. Liquidating Indian companies can also remit assets after meeting prescribed compliance and certification conditions under regulatory guidelines.
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