Who is a 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 UN organisations and officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as Non-Residents). Non-Resident foreign citizens of Indian origin are treated on par with Non-Resident Indian citizens (NRI’s).
Source : Reserve Bank of India
Who is not a Non Resident Indian
Indians who go abroad for either of the following purposes Tourism Undertaking business promotion. To receive training Obtaining medical treatment. Participating in sports or cultural activities. Indians or persons of Indian Origin residing in Nepal/Bhutan/Pakistan/Bangladesh. Crew members working for Shipping/Airlines Companies posted in India and those companies whose registered offices are in India. Definition of NRI: Regulation 2(vi) of FEMA 5Person resident outside India, who is a citizen of India or is a person of Indian origin Indian citizens working abroad on assignment with Foreign Governments, Govt. agencies or in UNO and its affiliates IMF, IBRD etc. and Govt. officials (both central and state) and other officials of PSU’s deputed abroad on assignments or posted abroad including Diplomatic Missions are non-resident Indians. Non-resident foreign citizens of Indian origin are treated on par with NRI citizens for the purpose of certain facilities.
Source : Reserve Bank of India
Recommended Read :
- Who is a NRI?
- Who is Not An NRI?
- Banking Facilities for An NRI
- Who is a Person of Indian Origin PIO?
- How to Open Fixed Deposits for NRI?
- Home Loan for NRI
- What is An NRE Account?
- What is NRO Account?
- What is FCNR Account?
- Who is a OCI Overseas Citizen of India?
- Overseas Corporate Body - OCB Investment
This article cleared a lot of my misconceptions on NRI. It has covered all the details and all the aspects of being an NRI. It has even described the officials which are involved with this procedures and all the authorities responsible for it’s approval and all.
This article has covered most of the part which explains who is an NRI (Non-Resident Indian). This article can be useful for anyone who is seeking information on categories which prove that a person is NRI. It is very important to know how to categorize a person as NRI, because affects the payment of taxes to a larger extent.
Income taxes are a difficult thing to handle if you’re spending a lot of time overseas as a tourist, or a business person. This article clears up a lot of misunderstandings about who can claim NRI status and why. As well providing explanation of non-resident foreign citizens of Indian origin. Thanks!
The article clearly states the defination of NRI and non-residing foreign citizen of Indian origin. It is a very useful source for reference in matters of dispute with regards to citizenship. This article is a part of the one published by the RBI for such references.
I didn’t know about this term till I saw a movie “Kahi Pyar Na Ho Jaaye” where Rani Mukharjee’s fiancé played the role of NRI. The article is short and simple, fully explaining the meaning of NRI. However, even the abbreviation of NRI is also self explanatory: Non Resident Indian.
This article has differentiated a NRI and a non NRI. I do wish this article could have experimented in producing the benefits an NRI will have and what kind of benefits the country will face because of their presence. A good article though in explaining the conditions on which a person will be regarded as a NRI
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