NRI Guide

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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...

How To Repatriate Money From NRO Account?

Repatriation of funds becomes necessary when an individual settled outside India has some immovable assets which he...



Ask, Answer & Discover

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Q: How does NRI dematerialize securities purchased while she/he was resident?

A: As per FEMA rules, NRI must regularize his/her holdings to reflect the change of status - in this case, bring them to 'Non-Resident' status. For this, NRI must submit (if not already submitted to...

Q: What are the procedures to be followed in respect of investments in securities in case person resident in India becomes NRI?

A: On becoming an NRI, a new depository account with appropriate NRI status is to be opened and all the balances held in an account with 'Resident' status should be transferred to the account with NRI...

Q: What are the procedures to be followed in respect of investments in securities in case an NRI becomes person resident in India?

A: On becoming a resident, a new depository account with appropriate status - 'Resident' in this case - is to be opened and all the balances held in an account with 'Non-Resident' status should be...

Q: Can an NRI purchase securities by subscribing to an issue? What approvals are required?

A: The issuing company is required to issue shares to NRIs on the basis of specific or general permission from GoI/RBI. Therefore, individual NRI need not obtain any permission.

Q: What are the permissions required for off-market transfer of securities?

A: From NRI to NRI - No permission From person resident - No permission outside India to person resident in India (Gift) From person resident in - Application to RBI India to person resident by...

Q: My given name has first and last name. Surname field is empty... also, I am currently in UK. What is the process for correcting the details??

A: Please, can you explain your question clearly, where exactly you want to correct your details whether it is on passport or visa?