Article · Regulation

Master Direction: Liberalised Remittance Scheme (RBI)

Reserve Bank of India · rbi.org.in Free Advanced India

The RBI's rules on how much a resident individual can send abroad: up to USD 250,000 a financial year under the Liberalised Remittance Scheme, with overseas direct investment governed by the Foreign Exchange Management (Overseas Investment) Rules, Regulations and Directions, 2022.

  • Money you send to start a company abroad is overseas investment and goes through your bank as an authorised dealer.
  • Your personal limit is USD 250,000 a financial year across all LRS remittances.
  • Read the Overseas Investment Rules 2022 before you subscribe to shares in a foreign company.
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The question it answers

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