Blog
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Can NRI invest in Indian stocks
Yes, Non-Resident Indians (NRIs) can invest in Indian stocks. The Indian government allows NRIs to invest in Indian stocks and other financial instruments like mutual funds, debt instruments, and derivatives, provided they meet certain requirements. NRIs are allowed to invest in Indian stocks through two different routes: the Portfolio Investment Scheme (PIS) and the Foreign…
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Can NRI buy property in India
Non-Resident Indians (NRIs) are permitted to purchase and own property in India. This is regulated by the Foreign Exchange Management Act (FEMA) of 1999, which governs all foreign exchange transactions in India. Under FEMA, NRIs can purchase any kind of property in India, including residential, commercial, industrial or agricultural land. However, it should be noted…
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Do NRIs need to file taxes in India
Non-Resident Indians (NRIs) are required to file taxes in India, regardless of their place of residence. This is due to the fact that Indian citizens are subject to the Indian tax regime and are liable to pay taxes on their income, regardless of where it was earned. Income earned in India by NRIs is liable…
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Can NRI Apply for Aadhaar card (Application Process)
NRIs (Non-Resident Indians) can get Aadhaar cards. However, they are required to follow certain steps and provide certain documents in order to apply for and receive an Aadhaar card. The first step is to register for Aadhaar. This can be done at any Aadhaar center or online via the UIDAI website. To register, NRIs must…
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Can NRI Buy Agricultural Land in India
If you’re an NRI with an interest in buying property in India, you may have wondered whether it’s possible to purchase agricultural land. While NRIs can buy residential and commercial property, agricultural land falls under a special category, and the rules around it are quite strict. In this article, we’ll break down the rules and…
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Can NRI invest in Indian Mutual Funds (Answered)
Hey there! Mani here. When I moved back from California, figuring out what to do with my investments was super confusing. Let me break down everything about NRI mutual fund investments in India – the way I wish someone had explained it to me! Can NRIs Actually Invest in Indian Mutual Funds? 💭 Short answer:…
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What Does NRI Mean? Understanding Your Status
“Am I an NRI?” This is one of the most common questions I get in our WhatsApp community. And honestly, the answer isn’t always straightforward. The term NRI gets thrown around a lot. But what does it actually mean? And more importantly – why does it matter for your finances, taxes, and investments? Let me…
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Best Medical Insurance in India for Returning NRIs
Three weeks after landing in Bangalore, my wife slipped on wet tiles and fractured her wrist. We rushed to a nearby hospital, and the first question at the reception was: “Insurance card?” We didn’t have one. Our US health insurance had ended. The Indian policy I’d been “meaning to buy” was still sitting in my…
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Insurance for Visitors to USA: The Essential Guide
If you’re planning on welcoming visitors from overseas to the United States, it’s essential to make sure they’re properly insured. Visitors to the USA are often surprised to find that their regular health insurance doesn’t cover them while they’re in the States. And if they get sick or injured while here, the cost of medical…
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5 Reasons to Return to India from USA
So, you’ve spent years in the USA, enjoying the quality of life, professional opportunities, and perhaps even starting a family. But now, you’re considering a move back to India. It’s a decision more NRIs are making as they weigh the benefits of being closer to home, cultural connections, and the evolving opportunities in India. If…