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Parents, Don't Mess Up NRI Home Funding Rules!

Finance

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Parents, Don't Mess Up NRI Home Funding Rules!

Listen up, parents! If you're sending cash to help your NRI kid snag a home abroad, you better know the rules! You can send up to $250,000 a year under the Reserve Bank's guidelines. Keep your paperwork tight, or you’ll end up with a financial disaster. This isn’t a family barbecue; it’s a serious transaction! Get it right, or you’re just an idiot sandwich!

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