Parents Helping NRI Kids Buy Homes: Know the Rules!

Hey there, parents! Want to help your NRI kid snag a cozy pad overseas? You can send up to $250,000 a year under the LRS rules. If both of you pitch in, that's a whopping $500,000! Just make sure to keep your paperwork in check and decide if it’s a gift or a loan before sending the cash. And watch out for those sneaky taxes and fees!