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Difference between NRI PIO and OCI explained 

Canada Tried and Tested
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Are you confused about the terms NRI, PIO, and OCI? 🤔 In this informative video, I will break down the key differences between Non-Resident Indian (NRI), Person of Indian Origin (PIO), and Overseas Citizen of India (OCI) statuses.
🌏 NRI (Non-Resident Indian): NRIs are Indian citizens who reside outside India for employment, business, or any other purpose, with the intention of returning to India in the future. Learn about the rights, responsibilities, and tax implications of NRIs.
🔍 PIO (Person of Indian Origin): PIOs are individuals who can prove their Indian ancestry up to three generations back. We'll explain the benefits of PIO status, how to acquire it, and how it differs from NRI and OCI status.
🌐 OCI (Overseas Citizen of India): OCI status is often confused with NRI and PIO, but it's different. OCI holders are not Indian citizens, but they enjoy certain privileges, such as multiple entry visas, property rights, and more. Discover how to apply for OCI and the key distinctions between OCI and other statuses.
Whether you're planning to live abroad, exploring your Indian heritage, or just curious about these terms, this video will provide you with a clear understanding of NRI, PIO, and OCI. Don't miss out on this essential information!
👍 If you found this video helpful, please like and subscribe for more informative content on Indian immigration, citizenship, and overseas living.
Got questions or want to share your experiences? Leave a comment below, and I will be happy to engage with you. Thanks for watching! 🌟
👍 If you found this guide helpful, please like, share, and subscribe for more informative content on NRI tax matters. Have questions or need assistance? Drop them in the comments section below, and we'll be happy to help.
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21 авг 2024

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Комментарии : 34   
@abcde6079
@abcde6079 10 месяцев назад
Thank you so much, sir! I've been on the hunt for a straightforward explanation about NRI and PIO, but I couldn't find any until stumbling upon your video. I feel incredibly fortunate to have found it here. Now, everything is crystal clear to me!
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 10 месяцев назад
Thank you
@MoMo-nh3ru
@MoMo-nh3ru 5 месяцев назад
😊Tx straight forward explanation.
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 5 месяцев назад
Thank you
@krunalpatel9607
@krunalpatel9607 Месяц назад
Great video with a lot of information. I was born in India. Now, I am a citizen of Australia and hold OCI. Do I call myself NRI or PIO? Thank you
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal Месяц назад
You are OCI. PIO has been discontinued. If you don't have OCI then you are foreign national. Hope this helps.
@udayanchatterjee1583
@udayanchatterjee1583 9 месяцев назад
Great video. Does an OCI have to stay in India for at least 182 days in a year to have an Aadhaar Card?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 9 месяцев назад
Have you recently relinquished citizenship of India. If yes no need. Your existing Aadhar holds good
@TheWanderlustDairies
@TheWanderlustDairies Месяц назад
If an NRI changes his/her current status to OCI and is already holding a NRE/NRO/FCNR and a Demat account, do they still continue to hold these accounts as an OCI or need to make any changes to these accounts? Is there any additional requirements or any KYCs they need to comply with ? Appreciate your thoughts. Thanks
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal Месяц назад
Hi I can speak in our case. I converted my account to NRO/NRE as NRI and when citizenship changed during my visit provided my document which were asked by bank and signed few forms then and there. Have had no issues so far. You may check once with the bank relationship manager if you have one.
@TheWanderlustDairies
@TheWanderlustDairies Месяц назад
@@canadatriedandtestedoriginal Great. Thanks for the quick response. Your videos are so informative and I never miss any of them. Keep them coming more regularly. Thanks again
@jaimindave1312
@jaimindave1312 6 месяцев назад
I am OCI holder and my father have agriculture land in india. Can that land inherit from my father to me?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 6 месяцев назад
Yes
@MonochromaticBlues
@MonochromaticBlues 5 месяцев назад
My ancestors are from India but some were moved to Trinidad how I get my land ?/
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 5 месяцев назад
Hi do you have someone local in India? I am no expert but it is not going to be easy as it will involve legal and bureaucratic process. I would suggest contacting someone if you have that connect. Meanwhile let me see if I could gather any information
@naveenm8771
@naveenm8771 9 месяцев назад
Hi Sir, can we purchase residential property in INDIA with out OCI card after getting Other country citizneship.
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 9 месяцев назад
Yes you can except Agriculture land
@naveenm8771
@naveenm8771 8 месяцев назад
thanks sir :)@@canadatriedandtestedoriginal
@naveenm8771
@naveenm8771 8 месяцев назад
Hi Sir, as us citizenship holder once indian citizenship holder to purchase residential property in INDIA with out OCI card do we need to have any certificate from indian government.
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 8 месяцев назад
No nothing changes only restrictions you have with OCI is you cannot buy agricultural land
@naveenm8771
@naveenm8771 8 месяцев назад
sir my query is regarding with out OCI card@@canadatriedandtestedoriginal
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 8 месяцев назад
Hi I have limited knowledge. As a foreigner/NRI you can inherit property and buy residential however you may need to check with CA on taxation
@yogeshkotecha6867
@yogeshkotecha6867 Месяц назад
I am NRI and have NRE & NRO account. We have had shares in the 1980s but can not access them because we can not get a demat. We can't get an OCI because my parents no longer have their passports. Any Idea...?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal Месяц назад
Hi have you considered reaching out to registrar of the companies whose shares you hold I am sure they must have got many such concern in past. You can check their details from this website www.nseindia.com/
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal Месяц назад
enter the name of share you hold and you can check the company directory from the left had side and reach them to enquire. They might even tell you how to get DEMAT done. Without OCI its going to be a challenge for sure. Can you check with consulate near you on what alternate document can be given in absence of India passport to get OCI? I will try finding answer to this and will post here.
@Starrynigh88
@Starrynigh88 10 месяцев назад
What will happen to my adhar card & Pan card in India ?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 10 месяцев назад
No change. Both remains as it is. Voter ID need to be cancelled
@vivekrp
@vivekrp 4 месяца назад
An OCI living and working in India for long cannot open savings account? Only NRO account is allowed?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 4 месяца назад
Yes that is correct
@harishvattikuti6176
@harishvattikuti6176 7 месяцев назад
My kids are US citizens and they are in India for 182+ days.Do you know the procedure for them to get Adhar card?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 7 месяцев назад
Hi Harish, just got to any Aadhar centre nearby. They have the form which has questionnaire asking stay in India and the documents required. It’s not a problem at all
@sagar_maher_12
@sagar_maher_12 4 месяца назад
My nationality is Indian, I have india passport but my mom ,dad thay have portugal passport so I can able to apply for oci ?
@canadatriedandtestedoriginal
@canadatriedandtestedoriginal 4 месяца назад
Yes you can. Do you have any family in India? Even distance relationship
@sagar_maher_12
@sagar_maher_12 4 месяца назад
@@canadatriedandtestedoriginal no we all move to uk
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