The Classic Partners LLP

FEMA India Rules for NRI

Clear, practical advisory on the FEMA rules that apply to Non-Resident Indians — investments, property, NRE/NRO accounts and repatriation of funds — handled with full RBI and income-tax compliance.

Talk to an NRI FEMA Expert

What are the FEMA Rules for NRIs?

FEMA governs how Non-Resident Indians can hold money, invest, and own property in India. It sets the rules for NRE, NRO and FCNR bank accounts, for buying and selling property, for investing in shares and mutual funds, and for repatriating funds abroad. Each transaction has conditions on permissible limits, reporting and tax.

Getting these rules right avoids blocked remittances and compliance trouble later. We advise NRIs on the correct route for each transaction and coordinate the related reporting with our FEMA consultants in India, including any FDI filing with RBI that an investment may trigger.

Who Needs FEMA Advisory for NRI Matters?

NRIs investing in Indian shares, mutual funds or businesses.
NRIs buying, selling or inheriting property in India.
NRIs repatriating sale proceeds or other funds abroad.
Returning Indians changing their residential status.
PIO and OCI cardholders managing assets in India.

Our NRI FEMA Services

NRI Investment Advisory

Guidance on permissible investments in shares, funds and businesses under FEMA.

Property Transaction Compliance

Advice on buying, selling and inheriting Indian property as an NRI.

Repatriation Support

Structuring and documenting repatriation of funds within prescribed limits.

NRE / NRO Account Guidance

Choosing and operating the right NRI bank accounts for your needs.

Tax & TDS on NRI Income

Managing TDS, lower-deduction certificates and tax on Indian income.

FEMA Documentation

Preparing declarations, forms and reporting that NRI transactions require.

Why Choose The Classic Partners

Specialised experience with NRI investment, property and repatriation matters.
End-to-end support — advisory, documentation, and filing handled under one roof.
Timely filing so you never miss a reporting and repatriation deadline.
Transparent fees and a dedicated point of contact you can actually reach.

Frequently Asked Questions

Can an NRI buy property in India?

Yes. An NRI can generally buy residential and commercial property in India, with restrictions on agricultural land, plantation property and farmhouses. We advise on the permissible route and the documentation.

What bank accounts can an NRI hold in India?

NRIs commonly hold NRE, NRO and FCNR accounts, each with different rules on funding, taxation and repatriation. We help you pick and operate the right ones.

How much money can an NRI repatriate from India?

Repatriation is allowed within limits and conditions set under FEMA, depending on the source of funds and the account used. We structure and document each remittance to stay compliant.

What does FEMA say about NRI investments?

FEMA permits NRIs to invest in many instruments subject to conditions, sectoral caps and reporting. We confirm what is permissible and handle any RBI reporting that follows.

Is TDS deducted when an NRI sells property?

Yes. Tax is generally deducted at source on an NRI’s sale of property, often at a higher rate, though a lower-deduction certificate can reduce it. We assist with the certificate and the filings.

Do NRIs need to report their Indian transactions?

Several NRI transactions trigger reporting under FEMA or income tax. We identify what applies and complete the reporting so nothing is missed.

Have NRI investment or property questions?

Get clear FEMA advice and full compliance for your transactions in India.