The two rules that decide most plans
First, the limit is per person and per financial year, and it is cumulative: everything you remit between April and March comes out of the same USD 250,000.
Second, who can share it depends on what you are buying. Relatives can consolidate remittances to buy property abroad, if each of them complies with the scheme. For an investment such as a fund subscription, only family members who co-own the investment can use their limits for it. Decide who will own the investment before you decide how to fund it.
Common questions
What is the LRS limit?
Under the RBI's Liberalised Remittance Scheme, every resident individual, including minors, can send up to USD 250,000 per financial year (April to March) for permitted current or capital account purposes. Everything you remit in the year counts towards the same limit.
Can my family combine LRS limits for a golden visa?
For buying property abroad, relatives resident in India can consolidate their remittances if each complies with the scheme. For investments such as a fund subscription, family members can only use their limits if they co-own the investment.
Why does the planner ask what I already sent this year?
Because the limit is cumulative. Tuition, travel and overseas investments sent earlier in the financial year reduce what is left for the golden-visa investment.
Does the planner include TCS?
No. Banks collect tax at source on LRS remittances above a yearly threshold, at rates set in the Union Budget. TCS is normally credited against your income tax, but you pay it when you remit, so budget for it separately.
Source: RBI, Liberalised Remittance Scheme FAQs (updated 6 April 2023), checked 12 October 2026. This planner is arithmetic, not advice: confirm with your bank how each remittance will be classified. XIPHIAS provides immigration consulting and documentation support; it is not a law firm or a tax adviser.