A person can open a current account in foreign countries in following cases.
1) A student who has gone abroad for studies. All the credits to the account from India should be made in according to FEMA law.
2) An Indian resident who is on a visit to a foreign country for the period of stay abroad. The balance amount must be repatriated to India on return of the account holder to India.
3) A person going abroad for an exhibition/ trade fair for crediting the sale of goods. The balance must be repatriated to India within one month from the date of closure of the fair.
4) The persons for receiving their salary payable to them in India:
A foreign citizen who is resident in India and an employee of a foreign company
An Indian citizen, employee of a foreign company
A foreign citizen resident in India and employed in an Indian company.
5) For the purpose of remittances under the Liberalized Remittance Scheme