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F R I E N D S O F I N D I A |
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N O N - R E S I D E N T I N D I A N S
Who is a non-resident Indian? An Indian Citizen who stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident. Non-resident foreign citizens of Indian Origin are treated on par with non- resident Indian citizen (NRIs).
Who is a Person of Indian Origin? For the purposes of Availing of the facilities of opening and maintenance of bank accounts and investments in shares/securities in India :
A foreign citizen (other than a citizen of Pakistan or Bangladesh) is deemed to be of Indian origin, if,
For investments in immovable properties:
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