Money My situation
🧭 My situation · 2026 guide

Pick your situation and the hub that actually fits.

Eight common NRI situations and the hub that actually answers your question. Some span multiple sections (US-NRI setup touches banking + tax + investing); these tiles route you to the most useful first read.

How I sequenced these The decision tree behind 8 personas

Each persona is a search-pattern + life-event combination I see repeatedly. The highest-leverage first move for each is the one most NRIs miss — usually because it's not where they thought to look:

  • US-NRI / UK-NRI · full setup → country-specific guide first (FATCA, PFIC, ISA matter more than which bank)
  • New to NRI banking → Banking hub (decision tree before bank selection)
  • Send money home regularly → FX Compare (live rates beat generic guides)
  • Moving back to India → Move Back guide (the 12-step playbook · RNOR window matters)
  • Credit card for India trips → Credit Cards hub (eligibility + 4 categories)
  • Idle USD to park → GIFT City IBUs (FCNR alternative · 50-75 bps higher)
  • Paid by overseas clients → Receiving payments (Wise / Skydo / Xflow compared)

If your situation isn't here, email me — I'll add it. [email protected]

🧭 The 8 NRI situations

Pick the one that matches you. Each routes to the right starting hub.

Most NRIs face 2-3 of these at once. Pick the most pressing — the others compound off it.

  1. 🇺🇸

    I'm a US-based NRI · full setup

    FATCA + PFIC + 401k handling all change the answers. Country page covers banking, FX, credit cards, tax, retirement — sequenced for US-residents specifically.

    Start here →
  2. 🇬🇧

    I'm a UK-based NRI · full setup

    FIG regime + ISAs + SIPP shape every money decision differently than US-NRIs face. Country page covers the full setup for UK residents specifically.

    Start here →
  3. 🤔

    I'm new to NRI banking

    NRE vs NRO vs FCNR is the first decision (FEMA-mandated). Banking hub walks the 5-step decision: do I need one → account type → docs → which bank → FD rates.

    Start with Banking →
  4. 💸

    I send money home regularly

    FX cost is the biggest leak in NRI money — typically ₹14K+ per $10K transfer if you use bank wires. FX Compare shows live rates across Wise / Remitly / XE / your bank.

    Compare FX rates →
  5. 🏠

    I'm moving back to India

    RNOR window (2-3 years of foreign-income tax shelter) matters more than the move date. Moving Back guide is the 12-step playbook — 10K words, sequenced, no fluff.

    Open the playbook →
  6. 💳

    I need a credit card for India trips

    2-card stack wins (one home-country + one Indian FD-backed). Credit Cards hub: eligibility first, then 4 categories ranked. ICICI NRI Sapphiro is the day-one Indian card for most NRIs.

    Start with Credit Cards →
  7. 🏛️

    I have idle USD to park

    GIFT City IFSC Banking Units pay 50-75 bps more than FCNR — same currency, same banks, same tax-free treatment. Worth the fresh KYC at $50K+ deposits.

    Compare IBU vs FCNR →
  8. 📥

    I get paid by overseas clients

    Wise Business / Skydo / Xflow / Payoneer all serve different volumes. Wise wins for <$50K freelance income; Skydo is India-specific FIRA-compliant; Xflow for incorporated businesses.

    Compare receiving tools →

Common questions about where to start

Reader-submitted questions on sequencing NRI decisions. Click to expand.

If I'm doing 3 of these at once, which one first?

Sequencing rule: banking foundation first (NRE+NRO must exist before everything else), then FX (the leak that compounds the most weekly), then credit cards (CIBIL takes 12-18 months to build, so start the FD-backed card on day one), then country-specific tax (RNOR / FATCA / PFIC).

Most NRIs reverse this — they pick credit cards first because that's what feels exciting, then realise they can't get approved without an NRE-linked bank account. Open the bank, then layer on the rest.

I'm a US-NRI moving back next year. Where do I start?

Start with the Moving Back guide — RNOR window planning (set the move date for the right financial year) outweighs every other money decision in the year before. Then layer on US-NRI specifics (401k handling, PFIC unwinding, FATCA close-out).

Specifically: don't open new investments in the 6 months before move-back; the PFIC mechanics get worse not better. Use the time to consolidate, not expand.

I'm a freelancer paid in USD. Where do I start?

Start with Receiving payments — the choice between Wise Business, Skydo, Xflow shapes everything else (FIRA compliance, GST, India tax filing). Then NRO account (NOT NRE — freelance income earned while in India = NRO).

Common mistake: putting freelance USD into NRE because it's tax-free. That's a FEMA violation if the work was done while you're a resident. NRE is for income earned while non-resident.

My situation isn't on this list. What do I do?

Email me — [email protected]. I add personas as patterns emerge. The most-requested situations get added to this page (and usually get their own deep guide).

Or browse /qa — 70+ NRI questions answered, searchable + tagged by topic.

More NRI money questions: browse all 70+ Q&A →

Where to go from here

Don't see your situation? Browse the canonical hubs.