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Showing posts from August 27, 2022

What are the problems faced by NRIs when investing in India?

 NRI investors face many challenges while investing in India. NRIs should understand the investment scenario and avoid the pitfalls. Summary Investing in India as an NRI is a challenge. Common issues faced by NRIs are: i. Restrictions on investment ii. Understanding taxation in India iii. Double taxation levied on NRIs iv. Investing in digital assets NRIs are not aware about their legal rights NRIs should seek legal professional advice before investing in India Investment solutions are available for NRIs and they should explore the ones most suitable to them Read in Detail:  What are the problems faced by NRIs when investing in India?

Basics of a Will Document and its relevance for NRIs

  Will is an essential legal document which should be prepared during the lifetime of the testator. A Will document can be made in any language, and it needs to be signed by the testator. Further, the Will document needs to be attested by at least 02 witnesses. A Will can be registered at the Sub Registrar’s Office. The registration of a Will is strong legal evidence that the proper parties had appeared before the registering authorities, and the latter had attested the same after ascertaining their identity. Will can be made in relation to Indian properties in a foreign country by NRIs. The Will should be preferably Probated to ensure that the Will is not contested in the Indian Courts. Read in Detail:  Basics of a Will Document and its relevance for NRIs