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NRI Checklist: 8 Important Things To Do before you Become an …

Check which of the insurance policies will benefit you if you continue the plan. Check if the policy will be in force when you become an NRI. Usually, term plans continue to be valid when you become an NRI. It is prudent to inform the insurance company and also … See more

Actived: 8 days ago

URL: https://www.wisenri.com/nri-checklist/

Wealth Planning Checklist for NRIs

WEBThis comprehensive Wealth Planning for NRI checklist can help you start drawing up your personal balance sheet and income statement.. Must Read – NRI …

Category:  Health Go Health

Health Insurance for NRI in India

WEB3) Tax Benefits for NRI Health Insurance. Under Section 80D of the Income Tax Act, a taxpayer (NRIs included) gets a tax deduction on payment of health …

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How Change in Residential Status Affects NRI Accounts

WEBProcess – Visit the bank branch and fill the relevant forms and submit them along with identity proof-related documentation, passport, and visa. Must Read – FCNR …

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5 Financial Must Haves for NRIs

WEBDevelop a well-integrated financial plan. The financial plan should include –. Your assets and liabilities across the countries. An integrated investment plan that takes …

Category:  Health Go Health

Income Tax for NRI- Exemptions, Deductions and Allowances

WEBThere is the basic Exemption of Rs. 2,50,000 for NRIs of less than 60 years of age, Rs. 3,00,000 for NRIs between the ages of 60 years and 80 years and Rs. …

Category:  Health Go Health

Two Opposite Worldviews: The Stigma of being an NRI

WEBAnother problem that students face is the mismatch of the curricula at all levels. NRI kids also face problems in adjusting to the second local language …

Category:  Health Go Health

Mr. NRI. How Much Will You Need To Retire

WEBMinimum Corpus Target: Rs. 4.25-crores for 17 lakhs at 4% in year 1. Desired Corpus: Rs. 5.5-crores for 22-lakhs at 4% in year 1. Manna: Rs. 7.5-crores for …

Category:  Health Go Health

How NRIs Can Save Tax on Their Income in India

WEBSection 80EE: If the house you bought is your first home, then you get an extra tax benefit of up to Rs. 50,000 on the home loan. Section 80EEA: The interest up …

Category:  Health Go Health

Life Insurance for NRI

WEBLife Insurance For NRI. You can either buy life insurance for NRI when you visit India next or avail the services of a financial advisor to compare and buy online life …

Category:  Health Go Health

Pension Plan For NRI in India

WEBThe entry age for the Best pension plan for NRIs in India is 30 years and the maximum age is 75 years. In cases where the minimum entry age is between 18 and 30 …

Category:  Health Go Health

Medical Tourism in India for NRIs – Exploring the Advantages

WEBTop 6 Advantages of Medical Tourism for NRIs. There have been many reasons for the growth of inbound medical tourism in India. some of the most notable …

Category:  Medical Go Health

Problems & Challenges Faced by NRI Students

WEBThis will not only help you maintain health but also keep expenses under check. 6. Health. NRI students may have difficulty accessing affordable healthcare as they may have to pay higher healthcare costs. Another problem is the difference in the approach to healthcare in India, your home country, and the host country.

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How NRIs can complete KYC for NRI Mutual Fund in India

WEBSubmit the documents: Submit the filled-out forms along with the necessary self attested documents as mentioned above. Wait for confirmation: The mutual fund …

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FCNR Deposit with Forward Cover

WEBA forward contract is an agreement between two parties to exchange certain items of value on predetermined terms. Many banks offer a structured product, usually …

Category:  Health Go Health

Tax Planning for NRIs

WEBDisadvantages Tax Planning for NRIs. As a senior citizen NRI, you will not get the higher exemption limit enjoyed by senior citizens who are residents. If your …

Category:  Health Go Health

Gift by NRI to Resident Indian or Vice-Versa

WEBWhen an NRI gives gifts in the form of cash, cheque, items, or property that exceeds the value of Rs. 50,000 to a Resident Indian who is a non-relative, the NRI gift …

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4 Ways How NRI Can Earn More by Investing in Themselves

WEB2) Invest In Your Health. You will be more productive, happier, and highly motivated if you are healthy. Invest in your mental well-being and physical health. Here …

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NRIs Moving from one Foreign Country to Another

WEBHere are 8 Important Financial Steps Before You Move Abroad. 1. Bank accounts in the current country. Typically you might have 1 -2 bank accounts in the current country. If you will be visiting regularly and will continue to have banking transactions, you can keep one bank account. It is better to close other accounts.

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