Back to your answers

1. What this is

   • This brief was made by Wakeelnama Overseas from your answers. It is not legal advice, and no lawyer has reviewed it.

2. Your answers

   • Who holds or controls the property now? Not answered.
   • What paper do they rely on? Not answered.
   • Where is the property? Not answered.
   • When did you lose possession? Not answered.
   • What do you want? Not answered.
   • Do you live abroad more than 182 days a tax year and hold a Pakistani passport, CNIC, NICOP, POC or OPF card? Not answered.

3. The route

   • Sending the money from a property sale abroad
   • You live abroad, you are selling a house, flat or plot in Pakistan, or you inherited a share of one, and you want the money in your account abroad.
   • You picked this route yourself.

4. What it rules out

   • These are the State Bank's foreign exchange rules for banks. They do not settle who owns the property or whether the sale is valid.
   • Tax on the sale is a separate matter. This route does not cover it.
   • Banks apply these rules, and each bank has its own forms and charges. Ask your bank before you sign a sale.

5. Steps

   • 1. You: Check how the property was paid for. The State Bank lets a non-resident Pakistani or POC holder buy a house or plot through an NRP Rupee Value Account on a basis that lets the money go back abroad. That account is one of the two Roshan Digital Accounts. (Chapter 8, Annexure A, para 1, State Bank of Pakistan, Foreign Exchange Manual, Chapter 8, Non-resident Rupee Accounts, read 2026-11-13)
   • 2. Your bank: If you are not sure what account you have, ask your bank whether it is a Roshan Digital Account and which of the two kinds. The State Bank's page names a Foreign Currency Value Account and an NRP Rupee Value Account. (Roshan Digital Accounts, Frequently Asked Questions, State Bank of Pakistan, Roshan Digital Accounts, read 2026-11-13)
   • 3. The buyer and your bank: Ask the buyer to pay into your NRP Rupee Value Account from their own bank account, by pay order, banker's cheque or a transfer. Do not take cash. (Chapter 8, Annexure A, para 2(b), State Bank of Pakistan, Foreign Exchange Manual, Chapter 8, Non-resident Rupee Accounts, read 2026-11-13)
   • 4. You and the valuer: Keep the sale price close to the valuation. The bank may accept a gap of up to 10 percent either way between the price in the agreement and the valuer's figure. (Chapter 8, Annexure A, para 2(d), State Bank of Pakistan, Foreign Exchange Manual, Chapter 8, Non-resident Rupee Accounts, read 2026-11-13)
   • 5. Your bank: Count from your final payment for the property, or from when the bank loan was fully paid. If you sell within three years, only the amount you put in can go abroad straight away. Any gain can go after three years, and until then you may invest it through the account. (Chapter 8, Annexure A, para 1(d)(i) and (ii), State Bank of Pakistan, Foreign Exchange Manual, Chapter 8, Non-resident Rupee Accounts, read 2026-11-13)
   • 6. Your bank: Once the money is in your NRP Rupee Value Account and the three year rule is met, ask the bank to send it abroad. The Manual says no prior approval from the bank or the State Bank is needed for this, beyond the real estate conditions above. (Chapter 8, para 8(iv)(d), State Bank of Pakistan, Foreign Exchange Manual, Chapter 8, Non-resident Rupee Accounts, read 2026-11-13)
   • 7. Your bank, then the State Bank: If the money comes from the estate of someone who died, and you are an heir living abroad, the bank sends the request to the State Bank to decide. It goes by letter with the papers listed here. An amount the State Bank does not allow abroad can be kept in a blocked account in Pakistan. (Chapter 16, para 3, State Bank of Pakistan, Foreign Exchange Manual, Chapter 16, Private Remittances, read 2026-11-13)
   • 8. Your bank: If you bought the property some other way, for example before you moved abroad or with money from a resident account, ask your bank how the sale money can go abroad. Not confirmed.
   • 9. You: Before the money moves, settle the tax on the sale. Not confirmed.

6. Open points for your lawyer

   • Your bank: The NRP Rupee Value Account takes sale money only from property bought through that account (Chapter 8, para 8(iii)(c)). For other purposes the Manual sends a request on Form M through your bank to the SBP Banking Services Corporation (Chapter 16, para 19). We found no rule that names sale money from a property bought another way. Ask your bank or the State Bank at RDASupport@sbp.org.pk.
   • You: The Income Tax Ordinance collects tax from the seller when a sale is registered (section 236C), and the rate changes with each budget. The tax page on this site covers it. We have not tied it to this route, so ask a tax adviser how it applies to your sale.

7. Papers

   • A copy of the sale agreement, or the housing authority's letter, or another paper that shows the sale
   • A valuation report on the property, not more than three months old, from a valuer on the Pakistan Banks Association's panel
   • A copy of the CNIC, NICOP or NTN of the sellers and the buyer
   • Your standing instructions to the bank
   • The name, nationality and home of the person who died, and how long they lived in Pakistan if they lived there
   • The clauses of the will after probate, or the letters of administration if there was no will, authenticated by a notary public, a court, a judge or a magistrate
   • A full statement of their assets in Pakistan and a copy of their bank account for the last two years

8. Fill in before you send

   • Your name
   • Phone or email
   • Property address
   • Khasra, plot or house number
   • District and tehsil
   • Who holds it, by name