Blogs Frequently Asked Questions

Form 15CA, Form 15CB, FEMA declaration, Bank Request Form, PAN card, VISA/Passport/OCI card. These are the required documents for repatriation from an NRO account.

Yes, NRE account holders can repatriate money without any limit.

Yes, you can transfer money from a Non-Resident External (NRE) account to a Non-Resident Ordinary (NRO) account.

There are several disadvantages of NRO bank accounts including taxation, repatriation limits, limited investment opportunities, and more.

Yes, US citizens can open a Non-Resident Ordinary account.

Yes, a foreigner can open a bank account in India. There are two types of accounts opened by the NRIs: Non-Resident External (NRE) accounts Non-Resident Ordinary (NRO) accounts.

Foreigners are allowed to work in India, but they have to obtain an employment visa and a work permit. There are many industries they can work in, like the IT sector, pharmaceuticals, construction, petroleum, etc.

Before moving to India, you should understand all about the visa requirements, climate, cost of living, cultural diversity, healthcare system, transportation, etc.

In India, Mumbai is considered the most expensive city to live in, followed by other cities like Bangalore, Hyderabad, and Delhi.

The best places to live in India are the major cities, which provide all the opportunities, like Mumbai, Delhi, Chennai, Hyderabad, Pune, and Bangalore.

The United States has the largest number of English-speaking people in the world. Although India also has a large number of English speakers.

There are many pros of living in India, such as: Affordable Healthcare Cheap Internet Cultural Diversity Cheap and tasty food Cheap Education Cost of living Accessible transport system Career Opportunities Regular working life.

Living in India can be subjective for all individuals; it depends on their preferences and priorities. India offers a great variety of food and delicacies, a rich culture and festivals, and job opportunities. You can visit here and decide for yourself.

Yes, NRI needs to pay taxes on their global income in the US.

Term Plans, Unit-Linked Insurance Plans (ULIPs), Savings Plans, Retirement and Annuity Plans, Child Plans, National Pension Schemes, Mutual Funds, Fixed Deposits, Equity Investments, Public Provident Funds or PPF, Non-Convertible Debentures (NCDs), and more. These are some of the best NRI investment options.

Yes, NRIs can invest in the United States.

Indian citizens can invest in the USA with the help of foreign brokers, Indian brokers with international ties, or via US-focused ETFs and mutual funds.

Yes, It is worth buying property in India for Non-Resident Indians because it can provide long-term growth, rental income, and a stable asset.

The 4 in 1 NRI investment option account is a combination of PIS Bank, Non-PIS Bank, demat, and trading account.

Yes, you can open an NRI account from the USA. Several banks like DBS, HDFC, ICICI, and Bank of Baroda offer NRI account opening services. You can open an account in any of these banks. However, make sure to seek professional advice if you are a permanent resident of the US.