Q.924 Repatriation of Pension to USA
From V.R.R.Sarma
You have clarified on this matter many times. There is one more point on which I seek your clarification.
Is an OCI card necessary for repatriating my Pension from India to U.S ? And for opening NRE account?
Thanks. We really appreciate your FAQ column which has helped us immensely.
Answer: Regarding your questions:
1.
OCI is not required for repatriation of Indian pension to USA or any other country where a Indian pensioner may
decide to reside.
2.
Any Non-resident can open NRO or NRE account, OCI is not required.
Disclaimer: Information provided is for general knowledge only and should not be deemed to be professional advice. For professional advice kindly consult a professional
accountant, immigration advisor or the Indian consulate. Rules and regulations do change from time to time. Please note that in case of any variation between what has been
stated on this website and the relevant Act, Rules, Regulations, Policy Statements etc. the latter shall prevail.
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