IndianGround.Com ยป Non-Resident Indian (NRI)
Non-Resident Indian (NRI)
Non-Resident Indian or NRI refers to a person of Indian origin
staying in a different global location for employment/carrying
on business or vocation. They are spread across the world
with an estimated population of 40 to 100 million. Most of
the NRI populate have migrated to alien countries for better
job prospect and future but with the advent of global MNCs
(Multinational companies) and implementation of revised foreign
policies in India, the NRIs are driven to become a part of
this fastest emerging economy.
To encourage this initiation of NRIs to resettle and return
back to India, they are granted the following facilities:
- Maintenance of bank accounts in India.
- Investments in securities/shares of, and deposits with
Indian firms/companies.
- Investments in immovable properties in India.
Transferring of money to India is no longer a tedious procedure
for the NRIs as the availability of efficient Money
Exchange Service Providers helps them to send money
directly into any bank account within no time. Most of these
service providers offer PayPal transfers and 24x7 Customer
Support for the expediency of NRIs.
To appreciate the interest of NRIs in India’s immovable
properties, the government of India has come up with beneficial
investment policies for the NRIs. The Reserve Bank of India
allows them to acquire, hold, transfer or dispose off land
by way of sale or inheritance. Such properties are meant for
the purchaser's bonafide residential use and they are purchased
through normal banking channels/home loans or NRE and FCNR.
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Non-Resident Indians (NRIs) have multiple
investment opportunities in present day scenario in
terms of real estate investment in India, savings and
deposits. Provision of home loan and other monetary
schemes have made investment procedure easy and convenient.
If you are looking to migrate back to India or planning to invest in property...
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Sending or dispatching money to India
for investment purpose is not difficult anymore. With
the help of Money Exchange Service Providers you can
send money directly into any bank account; track your
status and make PayPal transfers. Most of these service
providers offer 24x7 Customer Support and Mobile Alerts
for your convenience...
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Foreign direct investment (FDI) is
a good source of financing sustainable development in
a country. This term is referred to the movement of
capital across national frontiers in a manner that grants
the investor control over the acquired asset.
Foreign Direct Investment (FDI) in India is allowed on automatic route in almost all sectors except...
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The recognition of India as a global
destination for technocrats have inspired many NRIs
to return to India, and offering the country a brain
gain. As a large number of Multinational companies and
organizations find the Global Indians an attractive
resource pool therefore the return of NRIs from the
west is proving immensely fruitful as they are finding
multiple avenues in India to explore in terms of job
and occupation...
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Delhi, Mumbai,
Gurgaon, Noida, Faridabad, Chennai, Pune,
Bangalore, Kolkata, Hyderabad, Ahmedabad, Chandigarh |
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Agra, Amritsar, Bhiwadi, Bhopal, Bhubaneshwar, Coimbatore, Greater Noida, Greater Bangalore, Goa, Ghaziabad, Indore, Jaipur, Jalandhar, Jamshedpur, Jammu, Kochi, Kanpur, Ludhiana, Mangalore, Mysore, Manesar, Mohali, Nagpur, Nashik, Neemrana, Panipat, Rudrapur, Sonepat, Thiruvananthapuram, Visakhapatnam |
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