FAQs and Issues Related to NRI Immigration to India

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Q1) Are there any concessions available for NRI(s)
on immigration to India pertaining to foreign assets?
Ans: NRI(s) have been granted the following permissions
on return to India, provided the currency assets should have been
acquired lawfully under FERA. They can:
Q2) Can I bring gold and silver belongings on
Immigration to India?
Ans: Yes, you can. The Govt. has permitted NRI(s)
to legally import gold and silver in any form including ornaments,
but excluding ornaments studded with stones or pearls, provided,
NRI should be coming to India, after a period of not less than six
months.
Q3) Can I sale my metal assets (gold/silver) on
immigration to India?
Ans: Yes, you can sale the metals but the sales
earned are taxable. The tax can be levied on metal sales in two
ways depending upon the intentions of the seller and the time period
of holding:
Q4) I am interested in acquiring citizenship of
India. How can I pursue in the directed expected?
Ans: Any NRI becomes the resident of India only
when he permanently comes back to India for indefinite period of
stay in India. You or any foreign national of Indian Origin can
acquire Indian Citizenship through the following channels:
But, the interested individual can apply for registration only
after 5 yrs of residence in India.
Photo: Airside Facade New Terminal Tuticorin Airport Aug25 A7CR 07474 by Timothy A. Gonsalves, licensed under CC BY-SA 4.0, via Wikimedia Commons.


