NRI full form and meaning | Who is an NRI
What is NRI
The full form of NRI is Non- Resident Indian . NRI is called “Pravasi Bhartiya” in Hindi. Such Indians who were born in India but for some reason have started living abroad are called NRI or Pravasi Bhartiya. Such people are also called NRI who were born abroad but their parents or ancestors were born in India and have started living abroad.
Following are the main reasons for a person to be an NRI.
- Settling abroad for good employment.
- going abroad for education.
- for business
Who is an NRI (Non- Resident Indian)
NRI or Non- Resident Indian or what is called “प्रवासी भारतीय“ in Hindi are called such Indians who were born in India but for some reason they have started living abroad but do you know how long it takes to be an NRI. It is necessary to live abroad, what are the rules for who can be NRI or Overseas Indian, all these questions have been answered in this post.
Who is an NRI?
As per India’s Foreign Exchange Management Act 1999 (FEMA), an NRI is an Indian person who has stayed in India for 182 days or less in a financial year or a person who has stayed abroad for more than 182 days in a financial year. Overseas Indian or NRI (Non -Resident Indian ) is