Overseas heirs who inherit property in Pakistan and wish to sell it and move the proceeds abroad face a process that combines succession law, property transfer and foreign exchange regulation.
Establishing entitlement first
Before any sale, the inherited share generally needs to be mutated in the heir’s name in the revenue record, supported by a succession certificate or equivalent proof of entitlement where required.
The sale
Where the overseas heir cannot be present, a properly scoped power of attorney is generally used to authorise someone in Pakistan to complete the sale on their behalf.
Repatriating the proceeds
Sale proceeds should be received into a Pakistani bank account in the seller’s name, and repatriation abroad is generally handled through the banking channel in accordance with State Bank of Pakistan regulations, supported by documentation evidencing the source of funds as inherited property proceeds.
Proceeding through the proper banking channel from the outset avoids complications when repatriation is eventually sought.
What to do next
Bring the death certificate, succession documentation, and the property’s title and revenue records, so entitlement can be established before the sale is arranged.