An NRI is free to grant Power of Attorney to a Resident. However, such Power of Attorney is restrictive. The Power of Attorney holder can do local operations and give deposit renewal instructions. Power of Attorney Holder can not instruct to transfer funds abroad.

Here is some information on how to arrange for someone to make financial decision for you should become unable to do so yourself. See similar questions...

A Power of Attorney is given only for operating the account & not for opening the account. Further, the operations are restricted only for making legitimate local payments and remitting funds overseas to the account holder only. See similar questions...

A power of attorney is a document authorizing another person, either a lawyer or non-lawyer, to act as your agent or "attorney" in fact. This differs from hiring an attorney as in that instance, you are asking that person to advise and represent you in legal matters. When you sign a power of attorney, you are permitting that person to act on your behalf in various situations, such as signing papers for you or taking care of your affairs. See similar questions...

Yes, but only for local payments to be made on behalf of the account holder, In cases where the account holder or a bank designated by him has been granted permission by Reserve Bank to make investment in India, the Power of Attorney holder (POA) is permitted to operate the account or facilitate such investment. POA holders cannot, however, make gifts from NRE accounts. See similar questions...

You as a NRI account holder can authorize an Indian Resident to operate your NRI account with ABN AMRO India. You will have to execute the completed Power of Attorney application form on a stamp paper. A power of attorney can operate your rupee savings account – NRE and / or NRO savings account and can make legitimate local payments in India. See similar questions...

Indian Citizen who stays abroad for employment/carrying on business or vocation outside India or stays abroad under circumstances indicating an intention for an uncertain duration of stay abroad is a non-resident. (Persons posted in U.N. Organisations and Officials deputed abroad by Central/State Governments and Public Sector undertakings on temporary assignments are also treated as non-residents). See similar questions...

As per prevailing exchange control regulations, NRI is required to intimate his banker about change in his residential status immediately on returning to India. His Rupee accounts are immediately redesignated as resident Rupee accounts. Further, Rupee Term Deposits are continued at the contracted rate of interest till due date. FCNR deposits are permitted to be continued at the contracted rates of interest till due date. See similar questions...

No. In some states, the proper legal instrument for delegating health-care decisions to another is called a Health Care Proxy. Neither in most states does a durable power of attorney for finances give your agent legal authority to make medical decisions. In most states, you'll also want to write out your wishes in a "living will," which will tell your doctors your preferences about certain kinds of medical treatment and life-sustaining procedures if you can't communicate your wishes. See similar questions...

Funds held in the NRO cannot be repatriated by the non-resident nominee & will be credited to the nominee's NRO account. Application from a resident nominee for remittance of funds outside India for meeting the liabilities of any of the deceased Account Holders or for similar purposes should be forwarded to the Rerserve Bank of India In the case of a resident nominee, the funds held in the NRE/FCNR account can be repatriated subject to prior specific RBI permission. See similar questions...

Advance Directives are a legal document that describes the kinds of procedures you would want (or don't want) in the event that you are unable to communicate or make decisions for yourself. We recommend you appoint someone to speak on your behalf should you be unable to. This person is called a Durable Power of Attorney for Health Care. Please ask your social worker for these forms to complete. See similar questions...

Yes. You can have a living will and a durable power of attorney for health care at the same time. Generally you can provide additional instructions in your advance health care directive for situations to which the living will does not apply. It is important to ensure that these documents are consistent so that there will be no confusion concerning your wishes when you are unable to make them known yourself. Some states also permit you to have a single, combined advance directive document. See similar questions...