Can a regular demat account holder convert their account to an NRI demat account if they move abroad?

No, a regular demat account cannot convert into an NRI demat account. NRIs need to open a separate NRI demat account to comply with the regulatory requirements for managing Indian investments from abroad.

Property Partition in India: A Guide for NRIs to Avoid Common Pitfalls

For Non-Resident Indians, navigating the landscape of property partition in India can be daunting. With intricate laws, familial dynamics, and cultural nuances, the process often becomes a labyrinth of legal and emotional challenges. This article aims to shed light on the common pitfalls that NRIs face when dealing with property partition in India, mainly focusing […]

Selling Property in India – Essential Tax Advice for NRIs

IntroductionNon-resident Indians (NRIs) frequently invest in real estate in their home country for diverse purposes, such as future retirement, generating rental income, or capital appreciation. However, when it comes time to sell these properties, they can encounter intricate tax implications governed by Indian tax laws.Understanding the nuances of Indian tax laws on property sales is […]

Property Mortgage in India – Types, Penalties, Payments and Interest Rates

Property Mortgages are contractual agreements that allow individuals to obtain financial resources from a lender by using real property as security. As specified in the Transfer of Property Act of 1882, these agreements exist in many formats, each outlining distinct rights and responsibilities for the parties concerned. These categories include several types of property mortgages, […]

A Comprehensive Guide to Certificate Attestation in India for NRIs, PIOs, and OCIs

Certificate attestation is a crucial process for Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs) who wish to use their educational or personal documents abroad. This article offers detailed insight into the certificate attestation procedure in India, outlining the steps involved for a smoother experience.Understanding who are NRI, OCI, […]

NRI Property Disputes – Resolving Disputes Amicably: Mediation and Arbitration Options

Summary NRIs with ancestral properties in India face property disputes. Mediation and arbitration are cheaper and more efficient alternatives to legal action. India has centres for mediation and arbitration, and judicial reforms aim to strengthen these mechanisms. As an NRI, one must explore the possibilities of mediation and arbitration. Overview of NRI Property Disputes […]

Can a regular demat account holder convert their account to an NRI demat account if they move abroad?

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