FEMA / RBI
Foreign Exchange Management Act — an overview
How FEMA governs dealings in foreign exchange, property, accounts and investments for persons resident outside India.
FEMA / RBI
How FEMA governs dealings in foreign exchange, property, accounts and investments for persons resident outside India.
The Foreign Exchange Management Act, 1999, together with RBI regulations and master directions, controls current and capital account transactions between India and the rest of the world. For non-residents the practical questions are: which Indian bank accounts you may hold, which property you may buy or sell, how funds may be remitted, and what reporting the authorised dealer will demand.
We translate the regulations into a transaction checklist — accounts, property, investments, loans and repatriation — and coordinate the tax forms that banks insist on before they will process a remittance.
Status
Who qualifies as a person resident outside India, and how OCI / PIO status interacts with FEMA permissions.
Reference
Short answers to the questions non-residents raise most often about accounts, property and remittance.
Banking
Choosing the right Indian account, permitted credits, and what happens when you return to India.
Real estate
Purchase, sale, inheritance and repatriation of Indian property by non-residents.
Capital markets
NRI investment routes in Indian securities, mutual funds and deposits — and the tax overlay.
Credit
Housing loans in India, loans from NRI relatives, and FEMA limits on rupee and foreign-currency borrowing.