Emotional ties are the strongest reason why an NRI will want to come back to India. If his roots to the mother country are still strong, what ever the hurdles, he is ready to overcome them. Another major reason for an NRI’s return to India is that here they can lead a much better lifestyle than they could abroad.

Non-Resident Indian citizens and Persons of Indian Origin on the temporary visits/stay in India without any intention to stay in India for an uncertain period shall continue to be treated as Non-Residents, during their stay in India. Their Non-Resident accounts/investments etc., would continue without any change and they will also not be required to surrender any foreign exchange.

Once an NRI becomes resident of India

• All the rules and regulations of FEMA, as are applicable to the person resident in India would be applicable to him except that he continues to enjoy various facilities such as maintaining his foreign securities, currency, properties situated abroad or maintaining and operating Resident Foreign Currency Account in India.
• When the NRIs /PIOs change their residential status, they may shift their assets to India and Continue proprietary/partnership business abroad, They may shift other movable assets which include Jewellery, motor car, personal household effects, Personal computers, Cell phones and other gadgetry.
• They may hold Bank Accounts Abroad and Bank Accounts in India.
• A person can continue to hold an investment without requiring prior permission of the RBI, provided such investments were acquired, held or owned by such person when he was resident outside India or inherited from a person who was resident outside India.