- Home /
- Blog /
- NRI Investment /
- I am working in Mauritius! But my family is in India !! Is my wife eligible to open a ppf account !!
I am working in Mauritius! But my family is in India !! Is my wife eligible to open a ppf account !!
SBNRI Team
answered on 11/09/2020
Yes, if your wife is staying in India and she is a Resident Indian, she can definitely open a PPF account. You can too choose from a variety of investment options in India being an NRI.
To get expert advisory at SBNRI, contact us using the button below.
Ask SBNRI Investment Expert Now
Related Questions
SBNRI Team
answered on 11/09/2020
1. Yes you can continue to invest in your PPF Account after becoming an NRI on a non-repatriation basis. But you can only do so till its maturity (15 years). You can not extend the PPF account once it’s matured. 2. No sir. You can’t have a savings account in India after becoming an […]
SBNRI Team
answered on 21/03/2020
NRI Investment in Real Estate in India NRI investment in Real Estate in India can be understood by interpreting the fundamentals of Where to Invest and How to Invest. NRIs can easily invest in real estate in India, read along to know how.. Where to Invest: NRIs can buy both residential and commercial properties in […]
SBNRI Team
answered on 30/03/2020
Yes. NRIs from the USA can invest in PMS in India. PMS stands for Portfolio Management Services. They need the following 3 accounts to invest in PMS : A PIS Bank Account (a normal bank account where your money resides), A Trading Account (a share broker account which allows you to trade in equity, F&O […]
SBNRI Team
answered on 11/09/2020
Yes, it is mandatory to declare your NRI Status to the bank so that they can do the needful from their end. (Eg. Convert your Resident Savings Account to NRO Account etc.) As of now, you can still continue to subscribe to your PPF Account till its maturity (2023). But you won’t be able to extend […]
