NRI Guide

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US Customs Questions At The Airport

US has strict strict customs and immigration checking counter. Such officials would make sure that the visitors are...

FEMA Guidelines For Outward Remittance

Every country has its own guidelines on the money going in and going out. This includes India which is a country...

What Happens When You Declare Money At Customs?

International traveler need to mandatory undergo customs check while traveling through international passages and...

How To Exchange Indian Rupee To US Dollar In USA

With the growing population of visitors (for various reasons such as education, career, and medical, among others) to...

Checklist For Travelling To USA From India

Every country has mandated instructions for any visitor visiting the country which needs to be followed by the...

Temporary Green Card Travel Restrictions

Green Card or a Permanent Resident Card is issued to all the permanent residents of USA which serves as a proof that...

Ask, Answer & Discover

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Q: Can the name of foreign national or non-Indian origin be added as a shareholder to a residential or commercial property purchased by NRI/PIO?

A: No, you cannot add the name of foreign national or Indian origin as a shareholder to a residential or commercial property purchased by NRI/PIO

Q: What way non-resident Indian can finance the flat?

A: The purchase of the flats can be financed from the fresh remittance through the normal banking channels or from payment from the original non-resident account or from Non-resident (External)...

Q: What should be the method of payment for purchasing residential immovable property in India by foreign nationals of Indian origin under the general permission?

A: The purchase consideration should be met either out of inward remittances in foreign exchange through normal banking channels or out of funds from NRE/ FCNR accounts maintained with banks in India.

Q: If non-resident Indian nationals are staying abroad can the property be purchased through the agent or through the POA?

A: The non-resident Indians who are staying abroad may enter into an agreement through their relatives and/ or by executing the Power of Attorney in their favour as it is not possible for them to be...

Q: How much finance can an NRI avail against the property value?

A: An NRI can borrow up to 75 % of the market value of your property subject to your income eligibility.

Q: For how long period can an NRI get a home loan?

A: NRI's can get home loans from a minimum of three years to maximum of 15 years.