Foreign Direct Investment Opportunities Decoded for NRIs
An individual who has been studying in the US for the past couple of years with an Indian passport becomes an NRI and even an individual who has moved to Australia and is now a permanent resident is called an NRI. But, given that India does not allow dual citizenship, there is a difference between the two (simultaneously having an Indian and a foreign country citizenship). Broadly speaking, an Indian citizen who usually resides outside India and holds an Indian…