Best answer
Through Circular 45 dt. 08.12.2003,RBI has declared that for the purpose of FEMA,students studying abroad will be treated as NRIas soon as they go abroad for studies. (Source: In The Wonderland of Investments (18 th Edition) 2017-18 A book by Sandeep Shanbhag)
People also ask
Is NRI eligible for exams under normal category if studying abroad?
If a student studies till 10th abroad and studies his 11th and 12th in India then is he eligible for exams under normal category? NRI is an Indian citizen who has migrated to another country, a person of Indian origin who is born outside India, or a person of Indian origin who resides permanently outside India.
Who is an NRI student?
I want to know who is an NRI student- A student who has studied 5 years including 11th and 12th abroad. If a student studies till 10th abroad and studies his 11th and 12th in India, then is he eligible for entrance exams under normal catageory? Re: Who is an NRI student?
What is the meaning of Nri?
Quote: NRI is an Indian citizen who has migrated to another country, a person of Indian origin who is born outside India, or a person of Indian origin who resides permanently outside India. A student who has studied 5 years including 11th and 12th in abroad then he is also called NRI student.
What is the difference between an NRI and an Indian citizen?
NRI is someone, who is not living in India anymore and their permanent residence is situated abroad. If you are just studying abroad, then you won’t be called NRI. Hence, there is no need to worry about anything. You will be called an Indian citizen, if your permanent residence is situated in India.