NRIs - 10 Must Attend Issues During Your India Visit Next

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#nri #nrimoneyclinic #financialplanning

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Services offered by NRI Money Clinic
* Life & Critical Illness Insurance.
* Child education
* Emergency Funds
* Retirement Plan
* Health Insurance
* Wealth Building
* Tax planning ( investments to minimise tax impact)
* Dollar investment ( Only for NRIs in Middle East and Africa )
* Mutual Funds ( NRIs other than in US & Canada)
* PMS ( Portfolio Management Service)
* Fractional Real Estate
* Cash flow planning (Pension, Guaranteed Return plan , Fractional real estate)
* Tax filing and chartered accountant services. (Outsourced services)
* Wills and inheritance planning. (Outsourced services)
* Property record legal verification (Outsourced service)
* Real Estate in Dubai (Outsourced service)
* Real Estate in Mumbai and Goa (Outsourced service)

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1. Update bank account to NRO account and other details such as address, etc.
2. Convert Demat account to NRO account and update details.
3. Get e-Pan card and update details. Must have only 1 Pan card.
4. Aadar Card must be updated.
5. Get Indian mobile number for OTP etc, keep it active.
6. Visit Chartered accountant.
7. Property account details, contractor and property management.
8. Check previous loans and any collateral. Get nil balance sheet for cleared loans
9. Check economic status of parents and family
10. Check health insurance for all family member.

sunnynegi
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I am an Indian CA but watch your videos regularly. I think you should be given a national award for these wonderful videos as you are doing service to the nation.

NaveenSharma
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Taking care of the Parents is the first and top most priority point.

tsvas
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Your advice on parents was very touching along with all your FINANCIAL advice- Great respect give reminders to many of us about parents.

dharmeshvyas
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You have mentioned about NRI taking care of parents. This is appreciated. No consultant will go and advise in that direction but you did . Thanks a lot .

bthakkar
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Nice video sir. But I think you should have as well added that the NRI visiting India also takes time to visit Health centres to have a complete Health check up of self and spouse as well as Dental check up considering that these things costs a fortune in the Western countries. Mostly NRIs forget to take care of their health and therefore this needs to be in your check list. And that makes it 11 point.

nairunni
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I'm in UAE past 33 years. This is the first time I hear a very informative and very attentive video . Thank you sir. I'm currently facing these issues.

ushapillai
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I am a chartered accountant myself, living outside India and couldn't agree more to each and every point mentioned in your video. Very clear and precise presentation. India vacations are stressful and/or overwhelming for a number of reasons inc the once in your list. But doing these simple account maintenance certainly makes the trip(and all the future once) pleasant.

What i noticed in my recent trip was most of the govt related things are online and if updated correctly, you have easy stress-free access to anything (aadhar, pan, driving license, car RCs, property details, educational certificates etc). Everyone should take benefit of the same and be more responsible with financial and social commitments.

sagkan
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also to check if parents have written a proper will, so that there are no disputes between the children

SecAllTheWay
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During our last visit to India, I have done all the mentioned works but it is hard to do, took time and wisely used the time to finish the job. Only missed is TDS next time we will able to submit TDS. Useful tips from this video. Renew our driving license too for 10 years.

selvamrf
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Wonderful advice for NRIs especially about taking care of aged parents... really appreciate your kind advice 🙏 ❤️

peace-at-heart
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Some crazy coincidence happened. I was telling my brother in law about some concept explained by Shriram rao sir in one of the videos and he started watching it. Just at the same time he started saying - i am seeing this same person in front of me here !! and he happened to be his wifes neighbour in mangalore and has been well wisher of my sister in law for many decades.

anilprasanna
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Sir, I recently came upon this video. As an NRI living in the US for 25 yrs, I have learnt so much from you. Thank you! 🙏🏼

CookEatBliss
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Very very informative video, valuable guide provider, covering all aspects relating to NRIs with highlighting parental care, family values and last but not the least is to enjoy your trip in terms if food, iCECREAM, meeting and visiting old friends and places.Excellent video for which u deserve KUDOS Sir..May God Bless U and Your Family for this self-less valuable service to the NRIS. Thanks and Regards.

yogendratrivedi
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Thanks for sharing your ideas. I liked the fact that you just didn't talk about the technical financial aspect but also about parents and going to ones fav places. We often tend to ignore these aspects. I didn't know that I'd need a CA but will surely reach out to one now.

tarun.t
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I m here for the first time. And I cannot thank u more. It was so simple but so important and informative. Thank u

hormuzddaruwalla
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Valuable advice explained in a simple and easy to understand manner. This is a breath of fresh air where the babus interpreted the antiquated colonial rules to their whims and fancies, to make it even more complex and confusing. It was a sacrilege in India to keep anything simple and provide clarity in the rules. Thank you for sharing.

lakshmanprasad
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Very valuable advice for NRIs, specially on parents and their sacrifices, must admit I miss elders' advice and the culture. Thank you Dr. Chandrakantha Bhat Sir for very informative and simplified video

armaan
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I didn't expect that you would speak about taking care of parents, well done. This shows you are genuine, I have now subscribed for your videos.

devinathan
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Dear Chandrakantji, thanks for valuable information provided by you. As NRI, we are sometimes oblivious to taxation and other prevailing laws.

avijoshi