401k strategy for non-resident Indian planning to return to india
What NRIs do when they return to India?
Financial Steps For a NRI Returning to India
- Changing bank accounts. As an NRI, you may be maintaining any of the following accounts with an Indian bank: …
- Investments. If you are moving to India permanently, liquidating your foreign assets, especially physical ones, is advisable. …
- Taxation. …
- Insurance.