Updated: 17 Sept 2019 Till June 2004, even if you had to send some money abroad, you needed RBI permission. But after the introduction of Liberalised Remittance Scheme or the LRS, the need to take permission every time you have to send money abroad was abolished. This has helped NRIs, their families & business interests.Read More
NRIs
Impact on Investments When Status Changes “Resident to NRI”
Becoming an NRI is an awesome thing… Though it means some paperwork. So let us guide you on what happens when your status changes from Resident to NRI. Common questions are – what happens to my bank accounts when you become NRI or what happens to mutual funds when you become NRI. So here is detail on what youRead More
Impact on Investments When Status Changes ” NRI to Resident “
Returning NRIs also come with loads of paperwork & money (I hope so). Coming back is a crucial decision and it invites again dealing with change in status from NRI to Resident or change in status from NRI to RNOR. It involves a process to inform various intermediaries about change in residential status. Whenever thereRead More
Income Tax Planning for NRIs & FAQs
Updated 16/07/2022 – In this article, we will discuss the Tax Planning for NRIs in detail. We will be modifying it when there are changes. So that you have up to date knowledge on Tax Planning for NRIs. Specific questions can be asked in the comments section below on Taxation for NRIs. So here weRead More
Understanding Build America Visa
Many of you have dreams to work in the USA. The 2 current options for long duration are HB-1 Visa & Green Card. Now the Green Card Visa will be replaced by the new law of immigration. The result – new visa call Build America Visa as called by President Donald Trump. Let us seeRead More
Can NRI Invest in Property? FAQs
Here’s a list of FAQ’s on Can NRI invest in Property in India? It’s a question that bothers every NRI. Also with this article, you can DOWNLOAD – NRI Property Guide to help you make the RIGHT decision. Who is an NRI? A Non-Resident Indian (NRI) is a citizen of India, who stays overseas forRead More