NRIs - 10 Must Attend Issues During Your India Visit Next

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[@sunnynegi8697]

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.

[@pramilanoronha7026]

Wow…. N many thanks u made it easier by jotting down all the points what were just mentioned.

[@arpitsaxena4540]

Is it possible to update SB A/C to NRO online?

[@arpitsaxena4540]

Is it okay to keep more than 1 NRO account?

[@SadhuTravels]

Aadhar is not for NRIs. It is only meant for residents, correct?

[@valeriegodinho5647]

Thank you. You are very informative! God bless you🔥

[@tsvas1967]

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

[@askyella]

If that is the top most priority, we should never leave them. Is it not?

[@vikasrajanand4064]

I don't see this as a debatable topic. There is no right or wrong answer here. Making convenience for them, living with them are two different things. Depends what your family's thought process is. Which is a personal choice.

[@natarajanbaradwaj3560]

@@askyella this is very contextual. When newly married, the same seniors take great pride in saying their children live abroad and are very happy visiting them. Grandchildren are then born and they grow up abroad, become foreign nationals and take deep roots where they live. The grandparents then become very old and need attention. We bring them over to live with us. This may not work for them for whatever reason, weather, nothing to do when we are at work, need to baby sit grandchildren who can be a handful etc . They are then happier settled in some elite Senior Citizens home in India where everything is provided for including high quality fresh food 3 times a day which is a luxury and almost impossible to provide abroad where both husband and wife work. With online facilities today, managing their finances is easy. CCTV is installed to monitor and day and night care nurses employed who attend 24/7. On vacations and emergencies we fly over to either spend time with them or attend to their emotional needs while all medical help is being given. Duty to our children becomes priority and yes, it is not easy attending to key priorities spread geographically. There is an element of compromise which cannot be avoided. All the same, duties are being attended to with the best efforts under these circumstances. It is the emotion that needs control in such circumstances.

[@askyella]

@@natarajanbaradwaj3560 That is why I replied back to the main comment. There is no top most priority.

[@meyyappansubramanian7078]

Very true

[@NaveenSharma21]

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.

[@NRIMoneyClinic]

Thank you very much for your kind words of encouragement

[@amurajrajendiran5581]

In pl if Re tea i

[@dharmeshvyas5646]

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

[@nairunni60]

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.

[@NRIMoneyClinic]

You have a good point

[@hemachandran1443]

Best advice 👌thank you

[@SA-lw8zz]

These services cost a fortune only in the US, not in other western countries

[@nairunni60]

I am sure in UK, getting a Dental appointment is a nightmare and nowadays surgery appointments is also same. You pay nothing in NHS of course but waiting period for serious case is long. But outside of NHS charges are prohibitive.

[@Shankarsviewpoint]

Absolutely; besides it would be a good idea to have mediclaim insurance in India; the older you are the more important it may be particularly if one has plans to come back to India for long stays permanently or intermittently.

[@ushapillai6471]

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.

[@avijoshi7696]

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

[@bthakkar799]

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 .

[@maypushful]

Which is the best insurance policy in India for my mother

[@yogendratrivedi]

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.

[@lakshmanprasad2798]

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.

[@tarun.t]

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.

[@armaan8449]

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

[@krishnaraopatalay917]

Very well explained sir, about the things to be done for NRI's when they are at their home country on a vacation. All your videos are very informative, to the point and this one is not an exception. Thanks for posting such educational videos.

[@peace-at-heart8502]

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

[@wonderfulworld449]

awesome

[@hormuzddaruwalla5465]

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

[@rahatdhir6997]

Beautiful message on Parents. Every son and daughter should make this their No 1 priority. Kudos for highlighting this reminder to all :)

[@CookEatBliss]

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! 🙏🏼

[@kananiamit2136]

Nice US

[@selvamrf]

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.

[@anudeepuppu498]

Sir you are so kind hearted. I love the way you encourage people to take care of their parents. At the end of the day it's all about taking care of parents and you explained it very well and I liked it.

[@BhaskarVinjarapu]

Excellent video. Especially the parents one is an eye opener for many.

[@sagkan1234]

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.

[@NRIMoneyClinic]

You will be a very good ambassador of India . I appreciate ypur thoughts

[@kvkiyer1977]

Nothing is online in SBI. Still struggling to update my US phone # and address despite personally visiting a branch. The branch I visited says they passed the KYC docs to the home branch. No response from the home branch as well as NRI customer care. Pathetic to say the least😢

[@sagkan1234]

@@kvkiyer1977 oh yes. SBI is a classic exception to all things said. I know exactly what you are facing as i am going through the same. Despite all things, it is as if SBI doesn't operate in the same environment as other indian banks do. Sad but true!!!

[@user-bb2tl6lf7s]

Absolutely. This man always gives either a scary news or brings confidence down

[@PSandeep4]

But I found that, Income tax website is not accessible outside India. Aadhar card site is not accessible outside India. Many bank activities still require to come personally. Not able to use USA phone number to aadhar, pan, insurance companies etc...

[@jayashreerangacharjagadish4952]

Hearty congratulations to all the participants of this podcast for elucidating your teaching learning experiences .May you continue to find greater joy and creativity in your vocation ...best wishes from a retired teacher Jayashree R Jagadish

[@NRIMoneyClinic]

Thank you very much for your kind words

[@poet-in-me]

I must say , you have compiled a very informative and compassionate video. I have lived in USA for 52 years and had left with full intention of permeant migration. It worked out for me, because my mother had come here before me and I never had any property nor investment in India. I still feel that your video will be helpful to many many people, and wanted to express my thoughts.

[@RajeshS-zw7be]

So glad to see your vide I’m NRI and definitely very very good point it touched my heart many many thanks to you and team

[@srividyab.r.397]

Can't thank you enough for making this video and making the lives of indians living overseas to plan their visit more fruitful. Extremely informative.

[@parnamsaini4751]

Most welcome

[@onieldsouza814]

Thank you Mr Bhat I had accidentally come across your Videos nearly 2 years ago and thereafter had contacted you . And this video of yours is exactly why I have taken your services. You are one of those rare people who are providing great knowledge and services the information you provide is never mentioned by financial planners hence you stand out from all of them . 💯 🙏

[@ks4912]

Thank you for this excellent information. Very kind of you to mention about the elderly parents. We should never forget the roots and we cannot do enough for our parents. 🙏

[@syambandi5247]

Greetings and gratitude from Glasgow, Sir. I find your video very resourceful. I was touched by your comment on how NRI should pay attention to their parents' financial and health concerns. Thank you very much, sir.

[@parnamsaini4751]

Most welcome

[@anilprasanna]

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.

[@devinathan1487]

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.

[@bsanilkumar9166]

Your explanation is not only explicit but also noteworthy.. Everything you explained is almost what doubts i had in my mind but didnot know who to consult. Thanks a lot

[@phugoid]

Having been in the UAE for close to 20 years, your videos always put a smile on my face, because they touch upon exactly those topics that I've always wanted to know. I might not necessarily agree with some items - having an Aadhaar card, e.g. which I don't have and have no intention of having one anytime soon - but you present topics in exactly the manner that they need to be. Keep up the excellent work, Sir

[@tintuu6546]

Ramapriya uae la Enna kuppa kotttirukk 20 Years … India ku vaa work pannu

[@phugoid]

@Beautiful_relaxing Really? And how do I get one unless I go to India and apply for it? What about someone who's been running a business in, say, Chile or Argentina or Mongolia? Until the government implements a method where those staying overseas could obtain their Aadhar cards in the Indian embassies in those countries, I'm not sure how they can insist that as mandatory. Until now, I've gotten by with just my PAN card and passport for everything.

[@ReadxWritex]

@@phugoid yes, for NRI's PAN is enough to go with all Indian transactions.

[@Show_what_I_Love]

Aadhar is very important for those who have indian EPF. So may not be important for you but for many it is a must else you can not withdraw money online.

[@hbkmanu]

That was a lovely video and I really loved the end part as well, can't thank you enough.

[@ganeshraoma]

Excellent video tips simple and effective, thank you sir if this indeed highly helpful for millions Of NRI’s all over the world visiting India in December 🙏💐

[@snehaldeshpande4221]

Very good and very practical advice! All these works take time and patience. But most importantly ..need correct documents. Work gets stuck even if you don't have one documents. So I would like to add one thing...check required document list for particular work beforehand ,when ever possible either from net or from local agents,friends and take those documents with you! Also I have always wondered about the rule that NRI s can not keep local bank account. Sir, an NRI status can change ovenight on losing job as many of us seen during Covid. And then you have to start as resident all over again. Considering that why does not govt allow one resident account. Also I have a querry , can we have a joint account with a resident for practical purpose and ease of payments through Google pay etc which is so common now in India?

[@prateekkumar2304]

Sir, I have a question on Joint account! If I have a joint account with family member (who is not NRI) before coming to overseas then do I need to convert that SB account into NRO account after becoming NRI?

[@nidhin916]

When I started watching this video, I thought it would be just another financial advice, but it turned out to be much more than that, amazing video and hugely current content...thank you very much for making it, you have earned another subscriber 😀 I would like to add one more thing to the list and I am not sure if it's legal but 'open a PPF account in the names of all family members and SSY in the name of daughters and start depositing 1.5lac every year in each of these accounts'.

[@NRIMoneyClinic]

As NRIs you are not allowed to freshly open PPF and Sukanya Samriddhi accounts

[@subhashn3016]

Very valuable advices . Thank you very much for summarizing it very well . We will keep it as lifelong book record .

[@cr8701]

Thank you sir, for this comprehensive presentation for the benefit of all of the NRIs. Especially heart touching was your discussion about the elderly parents' care. Thank you, be blessed with a long life and a good health. JAI HIND

[@bharatiya24]

The term NRI although defined is at best only a " partial" definition. It does not clarify the status of those who are OCI card holders.By definition OCI is Overseas Citizen of India. OCI holders are "supposed" to get the same benefits as citizens barring 3-4 things. However the Adhaar act doesn't clarify if they are eligible for the card and if so when and how. This leaves it open to interpretation at the whim and fancy of the official and leads to corruption.

[@sendgv]

Excellent as always. Can add points - check on existence of Wills, making sure of Nomination in bank accounts, safe deposit lockers, property transfer deeds by filing death certificates (if any).

[@NRIMoneyClinic]

You have absolutely valid points

[@Imgonnatouchyoulilbro]

@@NRIMoneyClinic This is very very important point

[@sanathansatya1667]

Excellent video. Thanks for the detailed information. Children need not have kind hearts but grateful hearts.

[@karunakary6107]

Thanks for your valuable suggestions on the to-do list for the next visit to India Dr. Chandrakanth. Sincerely, Karunakar, USA.

[@amitdokwal2484]

Thank you sir, well explained. I loved the part where you said regarding parents :) Could you also shed light on what happens to Public Provident Fund account ? Should NRI hold or close PPF account ?

[@NRIMoneyClinic]

There is a detailed video on PPF on this channel. Please watch and be guided

[@satyain6567]

I would also add an additional point to all NRI's. Check your Credit Score in India and ensure if you have any credit cards, unused loans any others close them if it's not required. In coming future, all financial banks, lenders are looking for credit history. 🤞

[@NRIMoneyClinic]

Very good input

[@blossomfernandes6065]

Thank you for all those insights ! 😇 The last 2 points were heart warming and special ! ❤

[@jayachander7776]

THANK YOU MR. BHATT FOR THE CLEAR ADVICE...... NRI/NRO'S

[@livenletlive826]

Excellent explanation! I am sure above DO NOT apply to an NRI who is a OCI (Overseas Citizen of India) card holder?? If yes, it's better take out a OCI card before flying & avoid sooooo many headaches!😃

[@SreeOne]

Most of the NRI privileges are applicable to the NON-INDIAN-CITIZEN with OCI.

[@mastertech9680]

OCI is useless, has no privilege over long term visa. They put oci sticker on foreign passport and once passport expires one needs get sticker again from stupid Indian buerocrats

[@koncht25]

​@SreeOne No.. try to make a land purchase and you will realize that is not the case

[@anilprasanna]

I have a recent experience of my father passing away with corona virus in Mangalore. And Mangala hospital billed 8 lacs for 1 month hospitalization with no surgeries whatsoever. Please please have a minimum of 10 lacs coverage for your parents living in India. Medical inflation is sky rocketing and I do not want anybody to get a call like I did - sir your father is no more please settle the bill amount or else we will not be able to hand over the body as per 'PROTOCOL' :( Star health insurance Hampankatta Mangalore is really good and you can ask for Prashobha madam. She explained all the insurance terms and conditions and went all the way to my home to take signature of my mother.

[@ShlokMalkauns]

I am not aware of any Medical Insurance for parents beyond 500,000, if you know please share the details, we use Care Insurance who do upto 500,000 with an yearly premium of 32,000 approximately

[@ShlokMalkauns]

That too with an age limit of 79 years 11 months 29 days

[@SliceOfSabby]

I didn’t know a boring topic like this can be such a wonderful video. Sir this was epic

[@balakondepudi]

Another one to the list is about the vehicles that you might have left in India. It can be a bike/car, its important to maintain the paper work around that. That can an insurance policy, RTA records, fitness certificate if its older than 15 years etc.

[@msriram9884]

Thank you Sir for the informative session. Some questions. 1. Is there a difference between NRI’s who are Indian citizens, and NRI’s who are OCI holders or foreign citizens. For example if one starts off as an Indian citizen NRI and then becomes an American citizen is there any change in status for bank accounts etc. 2. Do NRI’s need to link PAN to Aadhar. 3. Does India report asserts held by NRI’s like FD’s etc to the NRI’s residential country. Thank you!

[@NRIMoneyClinic]

1. No 2. No

[@NRIMoneyClinic]

3. Yes

[@msriram9884]

Thank you Sir for the prompt reply!

[@michaeldsouza6778]

Sir you forgot the FD renewals or upgrade part . Will the banks upgrade old FDs under lower interest rates to the recent hiked interest rates on our request ? What is the process involved to updated from 5.5 % to the current 7% ?

[@innermostbeing]

I thoroughly enjoyed every bit of the video. This was informative and an eye-opener too. Being the first time video, I did subscribe to the channel. Thank you, sir!

[@hiteshkukadiya8361]

Very well said. I got few points to take care and this also affirmed few things which was on my mind. Thank you

[@manjubunga3551]

Hi, If we change to NRO/ NRI, can we still continue our LIC/ any other policies and do we get same benefits of RI? If not what’s the other solutions/ policies can we buy

[@MicroKommander]

Please refrain from abbreviation jargon. You are not catering to everyone except commerce grads of your country.

[@lordbaron104]

Why are you watching this channel if it's not applicable to you?

[@ssb6425]

Please refrain from negative comments

[@lordbaron104]

Thank you for such a detailed video. It is sad that some people don't appreciate it.

[@ganeshr8851]

Very essential advice for NRI. Thank you

[@abdulwahabmohamedjubbair778]

Greetings Sir. Excellent advise to cover everything what NRI holder has to do in next visit to INDIA. Have a nice day.

[@raomurali]

Very good information! Thanks for the efforts!

[@divs2109]

Excellent video. Such great advice. I am glad I already implemented a lot of these things during my last trip

[@ms9ms362]

Great Effort, and excellent information much needed.

[@ashwani41]

Great video Sir...must watch for anyone planning a move out of India

[@anandmohan4657]

thanks for good points conveyed in emotional manner

[@minies5285]

Must to watch video. The last on parents is honest and must to care advise . Thanks for such a wonderful and must to act advise

[@cresentiadsouza3610]

Each and every point that was said, is to be taken very seriously by the NRI.....well explained . Thank you so much sir.

[@KK-lh7op]

@Chandrakanth Bhat, thanks for another great video. Quite informative.

[@chandramouliramachandran4217]

Every NRI should keep this in their record for life time

[@SreeOne]

EXXXXXXXCEllent list of items to be done. Definite guide for the NRI (or Non-Indian-Citizen with OCI) home visit. One additional thing to do is to renew your Indian Driving license if its expiring OR expired recently. It can be useful as SECONDARY local address proof.

[@NRIMoneyClinic]

A very good point you suggested. Thank you for your feedback.

[@sajidm2444]

Thank you, Sir Excellent Reminder Especially for the point related to our Parents and social circles

[@mailseby]

Well done. Good for a thought. Thank you.

[@vipinajayakumar]

Came across this video by chance. Informative and to the point. The accountability/compassion for parents was also an awesome point. Look forward to seeing more of your videos!

[@sandeepsharma-dy5ff]

Very good videos. Really appreciated taking good care of parents and visiting social things for self enjoyment and fulfilling experiences..thanks.

[@snchitre]

I visited first time to your channel. It is very kind of you for making such a nice and informative video.

[@balasubramanianilangovan888]

Thank you for sharing the details, sir. It is indeed crisp and concise!

[@kr7584]

Excellent video. Every point presented is valuable.

[@rajshah7918]

This is the best information and precautionary guidance for all NRIs. Thanks

[@kartik123007]

Sir, nicely explained and covered all the important points. VERY NICE

[@sammaypatel5608]

Superb work done, glad to discover your video.

[@ranahki]

Thank you for your excellent advice. You are doing fantastic service and definitely deserve a national award!

[@rnswetasingh]

very valuable suggestions on parents. Thankyou for saying all this explicitly.

[@tulasiaasi9256]

Very thankful reminder on observing Parents position

[@AshokSharma-Dermdoc]

Great, pertinent advice, as always. Thanks

[@udayprakash1280]

Very useful information. I had the difference in name with pan card.got it corrected during that last visit.apreciate this vedio.

[@sudhachandra]

It is sad when you talk about parents and so true. Good informative video. Thank you so much.

[@prasannanarayanan7212]

Excellent content. I live in US and traveling to India this month after 9 years. Thanks fot all the tips.

[@milesapart]

extremely well explained with great care and compassion also love your videos!

[@cruzfernandes2565]

Awesome video, great going sir Thanks alot.

[@roodraverma8957]

Excellent suggestions. Really appreciate your efforts.

[@MohamedIsmail-nr3mm]

Great advice. Appreciate your efforts in explaining in detail

[@anandvardhan6057]

I think one important thing could also be to ensure if you have a safe deposit lockers to open and par advance rents

[@karthikeswaran1455]

Excellent points! Very helpful 🙏🏼

[@arundathi93]

Words of wisdom and empathy. Your content make so much sense. It is well articulated!

[@fabiandsouza8937]

Thanx for the video. Love the personal touch. I will pass this on to all my family and friends

[@samrao790]

Excellent video presentation and your communication and advise is on the dot! Thank you and I want to watch all your videos now😀.

[@NRIMoneyClinic]

Thank you very much for your kind words

[@HarishKumar-qk9pg]

Thank you sir , Valuable advice explained in a simple and easy to understand manner

[@satishbhaihirpara9349]

thanks sir. i like that you covered parents. will make sure i do that.

[@parladmohil5729]

Your way of explaining is excellent I have read your all videos

[@paulprinceyb]

Sir , the advice on taking care of aged parents is highly appreciated. many of them gave everything for their kids' development . It's time to reciprocate, though it may not come near to their sacrifices . Salute you for humanly advice and not purely on money only.🙏🙏🙏🦶

[@bhanuchampaneri8906]

Excellent video with so much information. Thank you. 🙏