OCI / FEMA & RepatriationRNOR window, the 182-day test, asset migration and the April 2026 deadline.
FEMA, not the OCI card, governs every rupee crossing your Indian bank. NRIs route Indian-source income through NRO, foreign earnings through NRE/FCNR, repatriate up to USD 1M per year via Form 15CA/CB, and redesignate accounts within 30 days of becoming resident. We architect, file and clean up past gaps.
Last reviewed: June 2026 · Updated for AY 2026-27
Regi Tom Antony, FCA — a practicing Chartered Accountant who advises NRIs, OCIs and returning founders on the same questions every week. Every page here is drawn from the book and live engagements, not stock copy.
Background reading Pair this engagement with the educational hub:
OCI & FEMA hub→Every deliverable, in writing.
Engagements end with a single document: your blueprint. It maps each action, the form it needs, the deadline, and who owns it.
- 01OCI-linked tax and FEMA position review
- 02NRE / NRO / FCNR account architecture
- 03Repatriation up to USD 1M per year — Form 15CA & 15CB
- 04LRS planning for residents sending money abroad
- 05Inward FDI structuring for NRI investors
- 06Compounding applications for past defaults
- 07Returning-resident account redesignation
Tell us the situation. We'll send back the next step.
Two sentences is plenty for the first reply. Direct, written, by Regi.
Answered, candidly.
- Does my OCI status change Indian tax residency?
- Short answer: depends on residency, corridor and timing. Long answer is in the engagement — book a call to walk it through.
- Can I repatriate sale proceeds of inherited property?
- Short answer: depends on residency, corridor and timing. Long answer is in the engagement — book a call to walk it through.
- What's the cleanest way to move USD 250k home this year?
- Short answer: depends on residency, corridor and timing. Long answer is in the engagement — book a call to walk it through.
- Do I need 15CA/CB for every transfer?
- Short answer: depends on residency, corridor and timing. Long answer is in the engagement — book a call to walk it through.
- I forgot to redesignate my NRE account — what now?
- Short answer: depends on residency, corridor and timing. Long answer is in the engagement — book a call to walk it through.
Next: Property & Inheritance
Property sale, lower-TDS certificate, capital gains and repatriation under FEMA.
NRI Taxation
Residency, ITR filing, TDS, DTAA, Schedule FA — for NRIs and OCIs based overseas.
Open →Property & Inheritance
Property sale, lower-TDS certificate, capital gains and repatriation under FEMA.
Open →Return Planning & RNOR
OCI status, PAN/Aadhaar, NRE-NRO routing and FEMA compliance for everyday moves.
Open →Ready to plan? Book a strategy call with Regi.
A 45-minute working session that ends with a written next-step plan.
The NRI Blueprint briefing.
One email a fortnight. Corridor updates, deadline alerts, and one written framework worth your inbox.