Will I inherit my family’s land if I become an NRI?

Q1: Will acquiring foreign citizenship impact my legal right to inherit or hold agricultural land in India?

A1: No, acquiring foreign citizenship will not affect your legal entitlement to inherit or continue owning agricultural land in India. Inheritance arises by birth or through a will, so citizenship does not impact the right to inherit assets in India.

Q2: Can NRIs inherit agricultural land from either a resident Indian or another NRI?

A2: Yes, NRIs can inherit agricultural land from either a resident Indian or another NRI, as long as the person from whom they inherit had lawfully acquired the land.

Q3: Are there any restrictions on selling inherited agricultural land for NRIs?

A3: Yes, NRIs face restrictions on selling agricultural land, whether inherited or otherwise. They cannot sell such land to other NRIs, Overseas Citizens of India (OCIs), or foreign nationals/citizens.

Q4: What formalities need to be completed after acquiring foreign citizenship as an NRI?

A4: As an NRI, you need to update your PAN Card residential status to NRI through the Income Tax e-Filing portal. Inform your bankers about the update, changing resident bank accounts to NRO accounts. Update demat and mutual fund investments and associated linked bank accounts to NRI status. An Aadhaar Card is not compulsory for NRIs. You may also opt for applying for an Overseas Citizen of India (OCI) card, which can serve as a KYC document.