Who is Non-Resident Indian (NRI)?
– 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. (Persons Posted in U.N. organisations and official deputed abroad by Central/State Governments and Public Sector undertakings on non-temporary assignments are also treated as non-residents). Non-resident foreign citizens of Indian Origin are treated on par with non- resident Indian citizen (NRIs). Indians going abroad for study, seminars, lectures, or research are not NRIs. No student can be an NRI until he/she finishes his/her studies and starts working abroad.
Related Questions
- NRI FAQ’s: Do non-resident Indian nationals require permission of Reserve Bank to acquire residential / commercial property in India?
- What is Indias policy on investment by Non-Resident Indians (NRI) or Person of Indian Origin (PIO)?
- What is Indias policy on investment by Non-Resident Indians (NRI) or Person of Indian Origin (PIO)?
