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This may seem a simple and silly question,but kindly advise me.
My Mother a British Citizen with PIO is living in India.
I and My Brother both are living in UK both British National's with a PIO.
My ailing Father is an Indian National.Both my parents are living working
In India since the last 40+ Years.My Fathers health is critical.
In the event of demise of my Father , My Mother is planning to permanently
retire to the UK.My question is will there be any trouble=legal-wrangles
in the Transfer of Her Financials FD,Plots,House running into Crores.
The local SBI Bank informed us that close to a Million Dollars can be transferred.
Is there any legal hurdles for a Foreign National with PIO to face when liquidating
and transferring her/his assets ?
My Mother a British Citizen with PIO is living in India.
I and My Brother both are living in UK both British National's with a PIO.
My ailing Father is an Indian National.Both my parents are living working
In India since the last 40+ Years.My Fathers health is critical.
In the event of demise of my Father , My Mother is planning to permanently
retire to the UK.My question is will there be any trouble=legal-wrangles
in the Transfer of Her Financials FD,Plots,House running into Crores.
The local SBI Bank informed us that close to a Million Dollars can be transferred.
Is there any legal hurdles for a Foreign National with PIO to face when liquidating
and transferring her/his assets ?
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