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Non-resident Indians (NRIs), Overseas Citizens of India (OCIs), and Persons of Indian Origin (PIOs) are eligible for an NRE account.
A Non-Resident External (NRE) account is a type of NRI bank account that allows Non-Resident Indians to deposit and manage their foreign earnings in India.
Yes, funds can be withdrawn, but premature withdrawals may incur penalties depending on the bank’s policies.
The full form of FCNR is Foreign Currency Non-Resident Account.
FCNR account is a type of NRI Abnk Account that is used for fixed deposits. It allows non-resident Indians (NRIs) to keep their money in foreign currencies in India.
NRIs can freely repatriate funds from their FCNR accounts, including principal and interest, without restrictions.
No, only NRIs and Persons of Indian Origin (PIOs) are eligible to open an FCNR account.
FCNR accounts can be funded through inward remittances in foreign currency or transfers from an NRE/FCNR account.
Yes, while FCNR interest is tax-free in India, it may be taxable in the USA based on the account holder’s tax residency status.
When the FCNR deposit turns in maturity then it can be converted to a Resident Rupee Deposit Account or a Resident Foreign Currency Account at the account holder's discretion.
It is a dream of a lot of students to pursue education at a Canadian university for which you will need a student visa. You have to submit some essential documents including a Police clearance certificate, proof of financial support, an acceptance letter from a Canadian university, a fee payment receipt from the college/ university, etc. You should see the checklist to verify the required documents to avoid missing out on any document.
A Visa-exempt foreign national is a person who is not a citizen or a permanent resident of a country and who does not require a visa to that country. Canada is a visa-exempt country and a Visa-exempt foreign national who wishes to travel to Canada by air can enter Canada with an eTA instead of a visa.
A U.S. citizen can travel to several countries without the need for a visa including Argentina, Ireland, Australia, Austria, Mexico, Singapore, Costa Rica, Brunel, Germany, Bahamas, etc.
It is important to provide proof of funds to support yourself financially throughout your degree. A minimum amount of CAD 20,635 per year is required in your bank account to fulfill the requirements.
There are multiple countries that Indians can visit visa-free with a valid US visa. It includes Mexico, Costa Rica, the Philippines, Aruba, Singapore, South Korea, Peru, etc.
The USA doesn’t offer visas on arrival. However, it offers a visa waiver program to citizens of these countries Andorra, Australia, Austria, Belgium, Brunel, Brunei, Chile, Croatia, the Czech Republic, Denmark, and Estonia.
A visa on arrival (VoA) is also called a border gate visa. It is a visa that can be acquired at the airport or border of a destination country in place of applying for it in advance.
No, the citizens of Canada and Bermuda do not require a visa to enter the US for tourism, visits, or temporary business trips.
There are 50-50 chances that it will affect your immigration status or not. It depends on the country's laws on immigration. If it is minor, then it will not affect the status of immigration.
By denying applications and delays in issues. It is based on the rules and regulations of the country to which you are applying.
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