Special Facilities for NRIs
In a move to progressive liberalisation of Foreign Direct investments in India,
Government of India has announced various schemes for attracting NRI investments.
These include portfolio investments, different types of Bank accounts, acquisition of improvable properly in India etc. This move has made investments in India simpler and hassle free. Please visit http://iic.nic.in for more details.
NRIs, PIO, can repatriate sale proceeds of immovable
property
Recently, Reserve Bank of India has directed
Banks and authorised dealers in Foreign exchange to allow repatriation of
Sale of proceeds of immovable property in India acquired by non-resident Indians
(NRIs) and persons of Indian origins(PIOs)
For more details, please refer to RBI website.
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