NRI Guides

Read this before you buy a property in India

Contrary to popular belief, NRIs are not allowed to buy all types of properties as resident Indians can. There are Reserve Bank of India guidelines and Foreign Exchange regulations that restrict NRIs from buying certain types of properties. If you are an NRI, you cannot purchase any agricultural land, farm house or plantation property. You can have ownership of such …

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Understanding NRI Bank Accounts

Most individuals make a mistake of continuing a resident savings account even after becoming a NRI but the law does not allow it. Or in simple words it’s illegal to hold savings bank account for NRIs.As per FEMA regulation, when a status changes to NRI the resident savings account have to be converted to a Non-Resident …

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India Govt Scholarships for NRI Students

There are many schemes and programmes for NRIs initiated by the Central Government and various State Governments. Lack of public awareness and ignorance by media result in these being not available to the majority of NRIs. This article explains about the Scholarships for NRI Students provided by the Indian Government. Scholarship Programme for Diaspora Children …

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