A foreign currency account is not allowed in S.A. This means that foreigners may bring in and take out money freely. There is no non-resident tax on dividends & interest. Money must be sent to a South African bank (an authorised Dealer) and the foreign currency will be converted into Rands which will then sit in a non-resident account. The instructions to buy and sell are done between client and broker.

If you are on a visit to India, please follow the procedure described for a resident Indian. Please carry your passport also. Get your application attested by an SBI official or at the Indian consulate. You can have the application form notarized locally. Submit the application form with a copy of your passport and initial remittance to a branch of your convenience offering INB service in India.. Alternatively, you could also hand over these documents to an SBI branch nearby if one is available. See similar questions...

The NRNR a/c holder has the option to directly credit the maturity proceeds to the NRE account but NOT to FCNR(B) A/C. No. The proceeds of NRNR deposits can be credited to NRE A/C only on maturity and in case of premature withdrawal the proceeds shall be credited only to NRO A/C. See similar questions...

Under the existing provisions of the Income Tax Act, 1961 the taxable entities are broadly divided into three groups, viz., individual, Company and all other persons such as Hindu Undivided Family, Firm, association of persons, etc. These taxable entities are divided into three categories depending upon their resident status. See similar questions...

N.R. Accounts can be opened by an NRI after completing the prescribed account opening form. The form could be countersigned / introduced by a person known to the bank/ Indian Embassy/ Indian High Commission/ Notary Public in the country of residence of the account holder. See similar questions...

Yes. This account may be either Sterling (or Euro), or in Turkish lira. Turkuaz Emlak can help you with this if you wish. 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...

In general terms the answer would be "Yes" ? but this is subject to a number of bureaucratic and regulatory hurdles, declarations and/or authorisations which are dependant on a number of factors, including nationality of the non-resident company by virtue of the place of its registered office. See similar questions...

If you live more than half the year in Spain, Spanish law says that you should become resident, however many EEC nationals live in Spain all year and own property without having a "Residencia" card. Part of the reason on the Costa Blanca is probably the years delay and queuing in Alicante to get one. It comes down more to a question of tax. If you are Non-Resident you pay income tax in your home country and if you are Resident you pay income tax in Spain. See similar questions...

Such an account can be opened with an authorised dealer in India by remitting funds from abroad in any convertible foreign currency. Under the NRNR Scheme, deposits designated in rupees can be kept for periods ranging from 6 months to 3 years. NRIs can also open such accounts by transferring funds from their existing NRE/FCNR accounts. No penal interest is chargeable for premature withdrawal of NRE/FCNR deposits for the purpose of making investments in the scheme. See similar questions...

a copy of your valid passport that has been certified as a true and correct copy by a Commissioner of Oaths, a notary public or a solicitor. For non-Singaporean who are working in Singapore, please also provide a copy of the Employment Pass (EP)/ Dependant Pass (DP). Please note that the securities, products and services described on this site are subject to country-specific restrictions and may not be available in your country of residence. See similar questions...

Residency status is determined at the point of application submission. You will be notified of your residency status in your acceptance letter. This determination is for tuition purposes only and will determine the rate of tuition that you will be charged. See similar questions...

To be eligible for resident status you must maintain a physical presence in California, show intent to make California your permanent home and/or maintain proper immigration status for one year prior to the Residency Determination deadline. Ownership of residential property or continuous occupancy or renting of an apartment on a lease basis where your personal belongings are kept. See similar questions...

There is nothing in the law that prevents someone from doing this. However, the patient must be able to prove to the attending doctor that s/he is currently a resident of Oregon. See similar questions...

The Town of Brookhaven non-resident parking permit is available to visitors to Brookhaven for the day, week or season and can be obtained during the season (mid May through Labor Day). See similar questions...

Students at the University of California, who are not California residents, are required to pay non-resident tuition. Each year we have a limited number of non-resident tuition fellowships (NRTFs) to award. In order to be a competitive candidate for this type of fellowship, all your application materials MUST be filed no later than January 8. Domestic applicants must file a FAFSA to be awarded a NRTF. See similar questions...

Yes, as a non-resident you are able to qualify for a mortgage. The maximum Loan to Value Ratio is typically limited to 65%, but can go as high as 75% in special cases. Take advantage of the equity in your home, refinance and pay off those high interest rate credit cards. Jobs | Legal | Affiliate Program | About Us | Contact Us | Terms of Use | Privacy Policy | Security | Site Map | See similar questions...