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NRI Succession & Inheritance – Expertvuw
NRI Inheritance

Inheritance of Indian Assets for NRIs: Succession, Transmission and Repatriation

Last updated: 2 October 2026

Inherited a flat, shares, bank deposits or land in India while living abroad? Our team maps the assets, sets out the documents each one needs, and coordinates transfer into your name — and the remittance of the proceeds abroad — mostly without you travelling to India.

Overview

How NRIs inherit property and investments in India

NRIs and OCIs can inherit any property in India — including agricultural land, plantations and farmhouses, which they cannot buy. What changes from case to case is the document needed to prove your right to each asset:

  • Probate — where there is a will; granted by the High Court or District Court.
  • Succession certificate — where there is no will, for debts and securities such as shares and deposits; issued by the civil court.
  • Legal heir certificate — issued by the revenue authority (such as the Tahsildar); often accepted by banks, companies and IEPF for smaller values.

A nominee on a bank account or demat account is not always the final owner — the legal heirs may still have a claim. Once the documents are in place, shares are transmitted, bank balances released and property mutated in the heir’s name.

India has no inheritance tax. Tax arises later — on rent, dividends or interest from the asset, and on a future sale, where the previous owner’s cost and holding period are used.

Based on the Indian Succession Act, 1925, RBI rules under FEMA and the Income-tax Act, 2025. Last updated: 27 September 2026.

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What This Service Covers

What our succession service covers

1

Mapping the deceased’s Indian assets — bank accounts, shares, deposits and property

2

A document checklist for each asset and each authority

3

Coordination with independent advocates for probate or a succession certificate, where required

4

Transmission of shares, demat holdings and mutual funds, and release of bank balances

5

Tax on later sale and repatriation of inherited funds

Key facts for NRI heirs

Any property

NRIs and OCIs can inherit all property, including agricultural land

Probate

Required for a will in some cases; granted by a court

Succession certificate

Issued by a civil court where there is no will, for shares, deposits and debts

Legal heir certificate

Issued by the revenue authority, such as the Tahsildar

No inheritance tax

Receiving an inheritance is not taxed in India

USD 1 million

Inherited funds can be sent abroad from NRO within this limit per financial year

Common Issues

Where NRI inheritance cases commonly get stuck

Most delays come from documents rather than the law itself.

Nominee treated as owner

A nominee may hold assets only on behalf of the legal heirs; transfers made on that basis can be challenged.

Papers not attested abroad

Affidavits and indemnities signed abroad usually need notarisation and an apostille or Indian consulate attestation.

Assets missed

Old dividends and shares may already have moved to IEPF and need a separate claim.

Related Services

Related NRI services

An inheritance usually leads to a share claim, a property sale or a remittance.

NRI Share & IEPF Recovery

Claim shares and dividends moved to IEPF.

NRI Property Sale

Sell inherited property with the right TDS.

Fund Repatriation

Send inherited funds abroad within RBI limits.

NRI ITR Filing

Report income from inherited assets.

Documents Required

Documents we need from you

About the Deceased & the Estate

About the Heirs

Our Process

How we handle your inheritance case

1

Asset mapping

We list the Indian assets and who holds records for each.

2

Document plan

We set out which document each bank, company or office will accept.

3

Court or revenue documents

Probate or a succession certificate through independent advocates; legal heir certificates through the revenue authority.

4

Transfers

Transmission of shares and funds, and mutation of property in your name.

5

Tax & sale

Tax on income from the assets, and on any sale you plan.

6

Repatriation

Remittance of the proceeds abroad within RBI limits.

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Tax & Repatriation

Tax and repatriation of inherited assets

Receiving an inheritance is tax-free; what you do with it next may not be.

No tax on receipt

India has no inheritance or estate tax.

Tax on sale

A later sale uses the previous owner’s cost and holding period to work out the gain.

Ongoing income

Rent, dividends and interest from inherited assets are taxable in the heir’s hands.

Remittance

Inherited funds can be sent abroad from NRO within USD 1 million per financial year after tax.

Get in Touch

Share your query and our team will reply during business hours.






    FAQs

    Frequently Asked Questions

    Can an NRI inherit agricultural land in India?

    Yes. NRIs and OCIs can inherit any property, including agricultural land, plantations and farmhouses, even though they cannot buy them.

    No. India has no inheritance or estate tax. Tax arises on income from the asset and on a later sale.

    A succession certificate is issued by a civil court and lets the holder collect debts and securities such as shares and deposits. A legal heir certificate is issued by the revenue authority and identifies the heirs; it is often accepted for smaller values.

    Often not. Most documents can be signed abroad, notarised and apostilled or attested at an Indian consulate, and sent to India.

    Yes. Inherited funds held in an NRO account can be sent abroad within USD 1 million per financial year, after tax and with the required remittance forms.

    About Expertvuw

    Who handles your inheritance case

    CS Chetna Shoor, Company Secretary and Director, Expertvuw

    CS Chetna Shoor

    ACS – Director, Expertvuw Management Pvt Ltd

    Succession cases are coordinated by Expertvuw’s team. Court proceedings such as probate or succession certificates are handled by independent advocates, and certificates are issued by the relevant court or revenue authority.

    Expertvuw Management Pvt Ltd