NRI Guide

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Do Foreign Banks Report to IRS

Yes, the Foreign Banks do report to the IRS. Foreign Account Tax Compliance Act (FATCA), passed in 2010 makes it...

How to Get Study Visa for USA

Any individual from any foreign country who wishes to enter the borders of United States of America for any purpose...

How to Start a Startup in India

Startups have become the buzz word around the town. Its eminent success here in India and across the globe has seen...

How to Change Surname in Passport

Passport of an individual is the most important identity proof. Name becomes the most important component of the...

What To Do If I Lost My Green Card

Green Card is an important documentary proof and evidence required by immigrants living and working in the United...

Is Police Verification Required for Reissue of Passport

A Passport is an official document which is issued by the government of the country where he/she is residing....



Ask, Answer & Discover

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Q: Can NRIs obtain loans for acquisition of house/flat for residential purpose from financial institutions providing housing finance?

A: The Reserve Bank has granted some general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc, and authorized dealers to grant housing...

Q: Can NRIs acquire commercial properties in India?

A: Yes, under the general permission granted by the Reserve Bank, property other than agricultural land/farm house/plantation property can be acquired by NRIs provided the purchase consideration is...

Q: Can NRIs sell the properties they hold in India without RBI permission?

A: Yes, NRIs can sell the properties in India without RBI permission.

Q: Who can purchase immovable property in India?

A: A.1 Under the general permission available, the following categories can freely purchase immovable property in India: i) Non-Resident Indian (NRI) – that is a citizen of India resident outside...

Q: What are the various facilities available to NRIs?

A: NRIs/OCB’s are granted the following facilities: 1. Maintenance of bank accounts in India 2. Investments in securities/shares of, and deposits with, Indian firms/companies 3. Investments in...

Q: Can OCI card holder inherit agriculture properties from parents in India?

A: An NRI can inherit property from a person who is a resident of India. An NRI can also, with the approval of the RBI, acquire agricultural land/plantation property/farm house through inheritance...