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An NRI is a non-resident Indian. A Non-resident can endow in India in places and business where there is no restriction for NRI investment in India. There are certain prohibited sectors where they cannot grow their business or buy property. There are different types of Investment for an NRI investing in India. 1. Foreign Direct Investment: A Non-resident life in another country and so when we see an NRI invest in India we know it is an overseas venture. It is called Foreign Direct Investment when the Non-resident cannot buy a property but contribute to a business or join hands with a venture. 2. FCVI Investment: An FCVI is a Foreign Venture Capital Investor. These are people who are allowed to devote in a venture or a company. A capital undertaking domestic unlisted company can have a FCVI working with them. He/She has to be located outside the country to fall under the list of FCVIs in India. 3. Foreign Portfolio Investment: money can be made in native country by the investor with the following portfolios; FII: A person is an FII i.e. Foreign Institutional Investor.NRI: Non-resident Indian.PIO: Person of Indian OriginQFI: Qualified overseas Investor This is according to the Indian portfolio savings scheme. 4. Non-Repatriable reserves: In this scheme a non-resident or a PIO can purchase shares in rupees. They will need to have an NRO saving bank account. In non-repatriable assets, all the deals and income are put in the NRO account of the said person. 5. Other Investments: FIIs and NRIs can empower in securities. They can invest in nonconvertible debentures, treasury bills, securities, bonds, etc. There are certain prohibitions and restrictions from the RBI (Reserve Bank of India) that both have to follow. Otherwise it will be illegal for them to invest. Same goes for NRI property investment in India. The following are the points to keep in mind for Non-resident who look to make Indian empowerment. If the investor holds an Indian passport, permission from RBI is not required to buy land/property in India. The purchase considerations can be paid via remittance or funds.If an NRI doesn’t require permission of any kind for any sort of transferring or disposing of any goods, property anything. These are the most important details an investor needs to know about investing in India, buying possessions, shares, etc in India. The info is very helpful for NRIs living abroad.
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