5 Banking Facts to Keep In Mind If You’re Assuming NRI Status
Most people today take the first opportunity they can get to move to a foreign land. Some make the most of business opportunities while others choose to migrate on their own accord. Such people, who migrate abroad from India, are regarded as Non-Resident Indians or NRIs. The banking needs of NRIs are typically different from regular citizens in India. They need to open NRI banking accounts to manage their funds in India and abroad. Here are 5 banking facts to keep in mind if you’re assuming NRI status.