https://v2.webnotes.in/tags/repatriation/Recent content in Repatriation on WebNotesHugoen-INTue, 12 May 2026 00:00:00 +0000https://v2.webnotes.in/non-resident-indian/Mon, 11 May 2026 00:00:00 +0000https://v2.webnotes.in/non-resident-indian/<p>A <strong>Non-Resident Indian</strong> (<strong>NRI</strong>) is an Indian citizen who is resident outside India as defined under the <a href="https://v2.webnotes.in/fema/">Foreign Exchange Management Act, 1999</a> (FEMA). In the context of Indian capital markets, NRI status determines the accounts through which an investor may hold rupee funds and securities in India, the regulatory permissions required to invest in equity, and the repatriation rights on investment proceeds. NRIs occupy a distinctive position in the investor-category framework of the Indian primary market: they are eligible to subscribe to <a href="https://v2.webnotes.in/initial-public-offering/">Initial Public Offerings</a> (IPOs) but are subject to exchange-control conditions that differ materially from those applicable to resident Indian investors, including restrictions on the use of <a href="https://v2.webnotes.in/upi-asba/">UPI ASBA</a> and conditions tied to whether the investment is made on a repatriation or non-repatriation basis.</p>