NRI Investment · Panaji, Goa
Invest in India confidently and compliantly. We guide NRIs and foreign nationals through property acquisition, equity markets, NRE/NRO accounts, mutual funds and repatriation — structuring every investment under FEMA and the Income Tax Act.
Overview
India's investment landscape offers NRIs compelling opportunities — real estate, listed equities, unlisted shares, government bonds, fixed deposits, and more. But each asset class carries distinct FEMA permissions, repatriation rules, and tax treatment that differ significantly from those applicable to resident Indians.
We map the right investment vehicle to your goals, structure accounts to maximise repatriability, advise on the TDS obligations of Indian buyers or tenants, and integrate with our FEMA compliance and DTAA advisory to minimise the Indian tax burden on returns.
What we cover
From account opening to repatriation — end-to-end investment structuring for NRIs and PIOs.
Get a fixed-fee quote →Choosing and structuring the right accounts to hold investment returns with maximum repatriability and minimal Indian tax.
Advising NRI buyers and resident sellers on TDS under Section 195, Form 26QB, and Section 195 withholding on property transactions.
Navigating the Portfolio Investment Scheme (PIS), RBI-registered broker requirements, and PFIC implications for US-connected NRIs.
Preparing the CA certificate for USD 1 million annual repatriation from NRO accounts along with the required 15CA/15CB forms.
Computing short- and long-term capital gains on Indian property, shares, and funds, and applying DTAA relief where available.
Advising on tax-free NRE fixed deposits, taxable NRO deposits, RBI Floating Rate Bonds, and SGBs for NRI investors.
Our process
We identify your target asset class and map the FEMA-permissible route.
We structure the right accounts and advise on applicable TDS obligations.
We compute likely returns, capital gains, and apply treaty relief.
We prepare repatriation certificates, 15CA/15CB, and capital gains ITR.
Frequently asked questions
Yes, NRIs and PIOs can purchase residential and commercial property in India without RBI approval. They cannot acquire agricultural land, plantation property, or farmhouses without prior RBI permission. Purchase funds must come from remittances through banking channels or from NRE/NRO/FCNR accounts. Rental income flows into the NRO account and is taxable in India.
The Portfolio Investment Scheme (PIS) allows NRIs to buy and sell shares and convertible debentures of Indian companies on a recognised stock exchange through a designated bank. NRIs must obtain PIS permission from an RBI-designated bank branch and route all equity purchase and sale transactions through the designated PIS account.
When a resident buys property from an NRI, they must deduct TDS under Section 195 at the rate of 20% (plus surcharge and cess) on long-term capital gains, or 30% on short-term capital gains, unless the NRI obtains a lower withholding certificate from the assessing officer. The buyer files Form 27Q and issues Form 16A to the NRI seller.
NRIs can repatriate up to USD 1 million per financial year from their NRO account, subject to payment of applicable Indian taxes and submission of a CA certificate (Form 15CB) and Form 15CA. Funds in an NRE account are fully and freely repatriable without limit.
Yes. NRIs can invest in Indian mutual funds directly (subject to the AMC's internal policy — some AMCs do not accept US and Canada-based NRI investments due to FATCA concerns). Gains are taxable in India as capital gains, and TDS is deducted by the mutual fund on redemption. Treaty benefits may be available to reduce the Indian tax rate.
Rental income received by an NRI from Indian property is taxable in India. The tenant is required to deduct TDS at 30% under Section 195 before paying rent. The NRI can file an Indian ITR to claim deductions (municipal tax, standard deduction of 30%) and, if taxes are overpaid, obtain a refund. DTAA relief may apply to reduce double taxation in the country of residence.
NRIs can invest in certain Government of India securities and Sovereign Gold Bonds (SGBs) on a repatriable or non-repatriable basis depending on the specific scheme. Interest on SGBs is taxable; capital gains at maturity are exempt from Indian capital gains tax. Repatriation is subject to FEMA conditions.
Book a free consultation and describe your investment goals and current accounts. We will recommend the optimal investment structure, advise on FEMA, TDS, and capital gains, and integrate treaty planning to maximise after-tax returns and repatriability.
Related services
Book a free consultation with our NRI tax and FEMA specialists in Goa. We will structure your investments for compliance, minimal tax, and maximum repatriability — no obligation.