Individual NRPs (Non-Resident Pakistanis) will be allowed to make payment for investment in residential and commercial real estate on repatriable basis from their NRVA (NRP rupee value accounts) under SBP's Framework for Investment by Non-Resident Pakistanis in Residential & Commercial Real Estate.
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In case of disinvestment before 3 years, investor can repatriate funds. However, capital gains will not be allowed for repatriation till the completion of 3 years. During this time, investors can park/invest capital gains in other eligible securities from their NRV account. Profit from such investments will be fully repatriable upon completion of 3 years (to be calculated from the date of investment). However, Investors can repatriate their principal investment in PKR any time during the period of 3 years. In case where the investors suffer loss, entire sale proceeds are eligible for repatriation any time.
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