I am an NRI. Should I convert all my Indian bank accounts to NRI accounts ?
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I am an NRI with some bank accounts in India and some properties with mortgages in India. Do I need to change their status ?
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Answer:
Not needed unless you are not returning to your home country. There is a limit on the number of days you can be outside the home country. It varies between countries in western world. check the local bank / mortgage provider for this. They will be helpful to solve your problem.
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