your country code is +971. your tax confusion is +91.
For Indians living abroad with rupee accounts, family back home, property here, and tax filings in two countries. We help you navigate NRE / NRO / FCNR, plan for the RNOR transition, and invest in India without nasty surprises at the next remittance.
six conversations we’ve had before.
These come up in nearly every NRI call. We’ve seen them. We have answers.
NRE vs NRO vs FCNR
Which money belongs where. Tax on each. Repatriation limits. PAN-Aadhaar-OCI compliance. Sorted in one call.
Property back home
Inherited flat, parents’ place, rental in Mumbai. Capital gains, TDS by tenant, repatriation of sale proceeds. The paperwork most NRIs delay until they have to.
Mutual funds for NRIs
Not all AMCs accept NRIs from all countries. US/Canada-based have FATCA complications. We tell you what works for your residence.
Insurance for NRIs
Term cover in India — usually cheaper, but premium-payment-from-NRE-vs-foreign-card has tax implications. Health cover only valid in India? Travel insurance? Both?
Planning the return
RNOR window of 2-3 years where foreign income isn’t taxed in India. Used right, it’s a massive tax saving on PF, stock vests, savings, etc. Used wrong, missed.
Parents back home
Senior-citizen health cover from India. Term cover for sole-earning sibling. Emergency fund for parents’ medical needs. The plan you should have made years ago.
where we’d start.
The actual recommendations vary by what you have today. This is the general posture for someone in your situation.
mutual funds
India equity exposure via NRE-funded SIPs. Tax-efficient repatriation. STP for big lumpsums (Diwali bonus from foreign employer). explore mutual funds →
insurance
India-based term cover (significantly cheaper than US/UK rates). Senior-citizen health for parents. Travel cover if you visit India often. explore insurance →
stocks
PIS (Portfolio Investment Scheme) account setup. Repatriable vs non-repatriable holdings. Long-term holds, not active trading. explore stocks →
beyond the basics. specifically for you.
the full NRI service
NRE/NRO/FCNR, India MF investing, property, RNOR window — everything for cross-border money. Our flagship service for you.
return-to-India retirement plan
When (and if) you come back, the RNOR window can save you lakhs in tax. We plan retirement assuming your return — and pre-position your foreign assets accordingly.
cross-border succession
Indian and foreign assets, mixed jurisdictions, DTAA. Estate planning gets complicated. We coordinate with both Indian and foreign counsel where needed.
IPO windows, visible from any timezone
Open and upcoming issues live from BSE — so a five-day window doesn't close while you sleep in another timezone. NRE/NRO application routes handled via partner platforms.
questions, answered.
If yours isn't here, ask Archita on the call. We answer in plain English.
I just became an NRI. What's the immediate financial checklist?
Four moves in the first 30 days: (1) Inform your bank — convert resident accounts to NRO. (2) Open NRE account in India to receive foreign-earned remittances. (3) Update PAN and AMC folios to NRI status. (4) Review existing insurance — some lapse on NRI status. We handle all four for clients in their first call.
Can I continue my existing SIPs from abroad?
Yes, with re-KYC and NRI status update. Investments must come from NRE or NRO account, not foreign bank account directly. US and Canadian residents face stricter FATCA rules — fewer AMCs accept investments. We tell you exactly which AMCs work for your jurisdiction before you start.
Tax in two countries — do I pay both?
India taxes you on India-sourced income (rent, MF gains, FD interest). Your country of residence taxes you on global income — but DTAA (Double Tax Avoidance Agreement) credits the tax you've paid in India. So you don't pay twice; you pay the higher of the two rates. We coordinate with India CAs who specialise in NRI returns + DTAA filings.
What's the RNOR window when I return to India?
When you return to India after being an NRI, you typically qualify for "Resident but Not Ordinarily Resident" status for 2-3 years. During this window, foreign income (US 401K withdrawals, UK pension, US dividends) is not taxed in India. Critical for timing repatriation of foreign-side savings — the difference can be ₹20L+ in tax savings.
I'm in the US — can I invest in Indian mutual funds?
Yes, but only certain AMCs accept investments from US residents due to SEC and FATCA compliance. Currently: ICICI Prudential, Bandhan, UTI, and a few others. The flip side is some popular AMCs (HDFC MF, SBI MF in some categories) restrict US-resident investments. We tell you exactly which funds work.
Should I buy property in India while abroad? Rental income, tax, FEMA — confusing.
Permissible under FEMA for residential and commercial property (not agricultural land). Rental income is taxed in India (filed via Form 26AS). TDS of 31.2% applies on rent paid to NRIs by the tenant. Often the math favours equity MFs over rental property — fewer headaches, similar long-term returns, no tenant management from abroad.
let’s talk about your situation.
A 15-minute call. We’ll tailor the plan to your exact stage and circumstances.
got it. archita will call you.
Usually within 12 minutes during Mumbai work hours.
A confirmation is on its way to your email. If you don’t see it, check spam and add support@fundstowealth.com to your contacts.