Yes, as a Foreign National, you can repatriate funds from the sale of your ESOP shares if you have a demat and trading account with us. The process is straightforward and involves a few key steps to ensure the proceeds are successfully transferred back to your home country.

Steps to Repatriate Funds:

1. Provide Purchase Details: Submit the details of the stocks allotted to you.
2. Submit FCGPR/FCTRS Documentation: Provide the FCGPR registration letter issued by the RBI or the FCTRS certified by the AD Bank for the shares being transferred.
3. Bank Details: Provide the details of the foreign bank where the funds will be transferred.
4. Sell the Stocks: Execute the sale of your stocks in the market.
5. Notify Navia: Inform Navia of your intention to repatriate the funds.
6. Non-Resident Declaration: Submit the Non-resident declaration as per the RBI format in the FIRMS Manual.
7. Contract Note Generation: Navia will generate a contract note for the sale.
8. Auditor’s Certificate: Navia will assist in obtaining the Auditor's certificate required for repatriation.
9. Document Submission: Tradeplus (Navia’s partner) will submit all the required documents and declarations to the bank to facilitate the repatriation to your home country.

Applicable Service Charges:

1. Auditor Fee: ₹6,000 + GST (subject to change).
2. Navia Service Fee: A fee for Navia’s services (0.70%)
3. Bank Service Charges: Applicable charges from your bank.
4. RBI Late Reporting Fee: ₹7,500 + 0.025% on the remittance value if the required documents are submitted after 15 days from the date of sale.