The present government and their new Regulatory acts are very NRI investor-friendly. The demonetisation move has also been instrumental in boosting the morale of the NRI community. With the Real Estate Regulatory Act (RERA) and GST, there is enhanced transparency in the system which is directly impacting the number of Nris looking to invest in property in India. To invest in India, NRIs must open a Savings/Transaction account through which they can carry out their financial dealings. For easing up the process, here are the categories of bank accounts available for NRIs: 1. Non-Residential...News0
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