An NRI living in Kuwait can remit up to USD 1 million per financial year from an NRO account to Kuwait, including property sale proceeds and inheritance, after Indian tax and with Forms 15CA and 15CB. Funds that can be traced to earlier remittances from Kuwait may go back through the NRE route. We assemble the legal papers and work with your chartered accountant and bank.
- Document route
- Kuwaiti Ministry of Justice notarisation, Kuwait Ministry of Foreign Affairs attestation, then Embassy of India attestation
- Time difference
- IST is 2h30 ahead of Kuwait time all year (no daylight saving)
- NRE and FCNR
- Freely repatriable
- NRO and assets
- USD 1 million per financial year
Repatriation of Funds from Kuwait: how it works
The starting point is the origin of the money: a property bought with Indian funds or with dinars sent from Kuwait, an inheritance, or matured deposits. We gather the sale and purchase deeds, the buyer's tax deduction certificates, succession papers and NRO statements. A chartered accountant certifies Form 15CB, Form 15CA is filed online and your bank processes the transfer to Kuwait. Where property was bought with NRE or foreign funds, sale proceeds of up to two homes can be repatriated outside the annual limit.
Banks often ask for more detail on large outward remittances, so we send them a single organised file. With no personal income tax in Kuwait, the tax questions all arise in India: whether the right tax was deducted and whether a refund is due. Indian citizens with high Indian income and no tax liability elsewhere may be deemed resident, and we check this before large transactions.
What clients in Kuwait should know
- Deemed residency can apply to Indian citizens with Indian income above ₹15 lakh who pay no tax abroad; Kuwait residents should check this.
- NRE interest is tax-free in India; NRO interest is taxed with deduction at source.
- Remittances over USD 1 million in an Indian financial year need RBI approval.
Step by step from Kuwait
Video consultation
A call at a time that suits Kuwait, after we have read your documents.
Documents signed in Kuwait
Kuwaiti Ministry of Justice notarisation, Kuwait Ministry of Foreign Affairs attestation, then Embassy of India attestation
Work in India
Our team files, appears and follows up in India, and shares scans of everything filed.
Result and handover
Certified copies and originals are couriered to you in Kuwait where needed.
The full guide
This page covers what changes when you are in Kuwait. For the law, the documents and the step-by-step procedure, read our main page on Repatriation of Funds, or see all services for clients in Kuwait and the Cross-Border Tax & Money practice area.
Questions from clients in Kuwait
Can I send my late father's savings to Kuwait?
Yes, once released to you as heir, through your NRO account within the yearly limit.
Does Kuwait tax remittances I receive?
No, but Indian tax must be cleared before the bank sends the money.
How long does the transfer take?
A few working days after the documents are complete.