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FEMA India Rules for NRIs | N D Savla & Associates
FEMA India Rules for NRIs
About FEMA India Rules for NRIs
The Foreign Exchange Management Act (FEMA), 1999 governs all foreign exchange
transactions and cross-border dealings in India. For Non-Resident Indians (NRIs),
Persons of Indian Origin (PIOs), and Overseas Citizens of India (OCIs), FEMA rules
regulate income, investments, property transactions, and repatriation of funds.
N D Savla & Associates provides expert guidance to ensure full compliance with
RBI regulations.
Overview
FEMA applies to all foreign exchange–related activities including:
- Inward remittances to India
- Investments in shares, securities, and businesses
- Purchase or sale of immovable property
- Repatriation of income and sale proceeds abroad
- Maintenance of NRO, NRE, and FCNR accounts
- Transfer of shares between residents and NRIs
Proper compliance allows NRIs to invest, repatriate, and manage assets in India
without regulatory hurdles or penalties.
Key Features of Our FEMA Advisory
NRI Bank Account Advisory
Guidance on FEMA rules for NRO, NRE, and FCNR accounts.
NRI Investment Advisory
Advisory on property, shares, mutual funds, and business investments.
Repatriation Compliance
Support for repatriation of funds and income abroad.
Cross-Border Structuring
Support in FDI, ODI, and overseas investment structuring.
RBI Reporting
Compliance for FC-GPR, FC-TRS, and FLA returns.
Compounding Support
Representation before RBI for FEMA contraventions.
Documents Required
- Passport and Visa copies
- PAN Card
- NRO / NRE / FCNR bank account details
- Investment and property documents
- Shareholding agreements (if applicable)
- RBI filings or approvals (if already initiated)
- Identity and KYC documents of NRI / PIO / OCI
Procedure
Transaction Review
Assessment of proposed transaction under FEMA provisions.
Eligibility & Compliance Check
Determine automatic route or RBI approval requirements.
Documentation & Filing
Preparation and filing of FC-GPR, FC-TRS, ODI, or other forms.
Regulatory Clearance
Liaison with RBI or Authorized Dealer Bank.
Execution & Monitoring
Execution of transaction with FEMA-compliant documentation.
Annual Reporting
FLA returns and ongoing FEMA compliance maintenance.
Need FEMA Compliance Support for NRIs?
Avoid penalties, blocked remittances, and compliance risks.
Let our experts handle your FEMA compliance end-to-end.
Get in Touch
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