Bharti AXA INSURANCE GLOSSARY Repatriation Repatriation means sending an asset back to one’s own country. Typically, it refers to money being sent back to one’s own country though the asset could be any other item of value – real or symbolic or a person even. Repatriation also refers to conversion of offshore capital into the currency of the country a corporation is based in. For example, a US based company may generate earnings in India and wish to repatriate the funds back to the US. There may be corporate tax charged on repatriation both in the country of origin and in the destination country. Individuals working abroad may also send monies back to their families in India. A family returning to India from a vacation abroad would also like convert their unspent foreign currency back to Indian rupees. These are examples of repatriation as well. Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Related Posts Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.