{"id":18608,"date":"2025-03-25T09:03:17","date_gmt":"2025-03-25T03:33:17","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=18608"},"modified":"2025-03-25T09:03:19","modified_gmt":"2025-03-25T03:33:19","slug":"foreign-exchange-rules-for-nris-under-fema","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/","title":{"rendered":"Foreign Exchange Rules for NRIs Under FEMA"},"content":{"rendered":"\n<p>India has strict foreign exchange rules for NRIs under FEMA (Foreign Exchange Management Act, 1999). This law governs how NRIs manage foreign exchange transactions while ensuring compliance with RBI guidelines.<\/p>\n\n\n\n<p>The foreign exchange rules for NRIs under FEMA supervise account restrictions, investment limitations, property ownership rules, and remittance regulations to avoid legal complications. So, they must be aware of how NRIs can hold bank accounts, invest in India, and repatriate funds.<\/p>\n\n\n\n<p>Let\u2019s explore the key FEMA regulations every NRI must know to help you navigate financial transactions smoothly and legally.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td><strong>Key Takeaways<\/strong><\/td><\/tr><tr><td><strong>Bank Account FEMA Rules for NRIs-<\/strong> NRIs can open Non-Resident External (NRE) and Non-Resident Ordinary (NRO) accounts with authorized banks in India.<\/td><\/tr><tr><td><strong>Foreign Currency Rules for NRIs under FEMA- <\/strong>NRIs can bring unlimited foreign currency to India but must declare amounts exceeding USD 10,000 or cash exceeding USD 5,000 to customs.<\/td><\/tr><tr><td><strong>Investment Restrictions for NRIs under FEMA- <\/strong>NRIs cannot invest in small savings schemes like the Public Provident Fund (PPF) in India.<\/td><\/tr><tr><td><strong>Property Investment FEMA Rules for NRIs- <\/strong>NRIs can acquire property in India but must adhere to <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/fema-full-form-objectives-features-guidelines\/\"><strong>FEMA Act<\/strong><\/a> regulations regarding such investments.<\/td><\/tr><tr><td><strong>YC &amp; Documentation Rules for NRIs under FEMA-<\/strong> KYC documentation is required for currency exchange and opening accounts, including proof of identity and address.<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-yoast-seo-table-of-contents yoast-table-of-contents\"><h2 id=\"table-of-contents\">Table of contents<\/h2><ul><li><a href=\"#h-which-bank-accounts-can-nris-open-under-fema\" data-level=\"2\">Which Bank Accounts Can NRIs Open Under FEMA?<\/a><\/li><li><a href=\"#h-can-nris-invest-in-india\" data-level=\"2\">Can NRIs Invest in India?<\/a><\/li><li><a href=\"#h-can-nris-repatriate-their-earnings-from-india\" data-level=\"2\">Can NRIs Repatriate Their Earnings From India?<\/a><\/li><li><a href=\"#h-can-nris-send-money-to-india-without-restrictions\" data-level=\"2\">Can NRIs Send Money to India Without Restrictions?<\/a><\/li><li><a href=\"#h-can-nris-lend-or-borrow-money-under-fema\" data-level=\"2\">Can NRIs Lend or Borrow Money Under FEMA?<\/a><\/li><li><a href=\"#h-what-are-the-fema-rules-for-nris-studying-abroad\" data-level=\"2\">What Are the FEMA Rules for NRIs Studying Abroad?<\/a><\/li><li><a href=\"#h-what-happens-if-nris-violate-fema-rules\" data-level=\"2\">What Happens If NRIs Violate FEMA Rules?<\/a><\/li><li><a href=\"#h-faqs\" data-level=\"2\">FAQs<\/a><\/li><\/ul><\/div>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-bank-accounts-can-nris-open-under-fema\"><span id=\"which-bank-accounts-can-nris-open-under-fema\">Which Bank Accounts Can NRIs Open Under FEMA?<\/span><\/h2>\n\n\n\n<p>When Indians move abroad, one of the key NRI regulations under FEMA that must be looked for is regarding bank accounts. NRIs are not allowed to maintain regular resident savings accounts in India. Instead, they must open one of the following specialized <a href=\"https:\/\/fly.finance\/blog\/student-account\/accounts-in-india-by-non-residents-types-interest-rates\/\"><strong>NRI accounts in India<\/strong><\/a>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Non-Resident External (NRE) Account:<\/strong> This account is for depositing foreign income in <strong>Indian Rupees (INR)<\/strong>. The principal and interest earned are <strong>fully repatriable<\/strong>, and there is <strong>no tax<\/strong> on the interest.<br><\/li>\n\n\n\n<li><strong>Non-Resident Ordinary (NRO) Account:<\/strong> This account is used to manage income earned in India, such as <strong>rent, dividends, or pensions<\/strong>. While interest is <strong>taxable<\/strong>, NRIs can repatriate funds up to <strong>USD 1 million per financial year<\/strong> after tax compliance.<br><\/li>\n\n\n\n<li><strong>Foreign Currency Non-Resident (FCNR) Account:<\/strong> This is a <strong>fixed deposit account<\/strong> that allows deposits in <strong>foreign currency<\/strong> like USD, EUR, GBP, etc. The <strong>principal and interest are fully repatriable<\/strong>, and it protects against currency exchange risks.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>This blog is a detailed guide on <\/strong><a href=\"https:\/\/fly.finance\/blog\/student-account\/fcnr-vs-nre-accounts\/\"><strong>FCNR vs NRE accounts<\/strong><\/a><strong>. Check out which account is best for Indians in 2025.<\/strong><\/p>\n\n\n\n<p>Check out these important points-<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>NRE accounts can receive foreign remittances, while NRO accounts can accept income earned in India.<\/li>\n\n\n\n<li>Funds in NRE accounts are fully repatriable, while NRO accounts have restrictions on repatriation.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-can-nris-invest-in-india\"><span id=\"can-nris-invest-in-india\">Can NRIs Invest in India?<\/span><\/h2>\n\n\n\n<p>NRIs are allowed to invest in India through <strong>repatriable and non-repatriable<\/strong> transactions. However, under FEMA, <strong>NRIs<\/strong> cannot invest in <strong>small savings schemes<\/strong> like the <strong>Public Provident Fund (PPF)<\/strong> or <strong>National Savings Certificates (NSC)<\/strong>.&nbsp;<\/p>\n\n\n\n<p>As per foreign exchange rules for NRIs under FEMA, permitted investment options include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Stock Market:<\/strong> NRIs can invest in <strong>shares and mutual funds<\/strong> through the <strong>Portfolio Investment Scheme (PIS)<\/strong>.<br><\/li>\n\n\n\n<li><strong>Real Estate:<\/strong> NRIs can purchase residential and commercial properties but <strong>cannot<\/strong> <strong>buy<\/strong> <strong>agricultural land, plantations, or farmhouses<\/strong>.<br><\/li>\n\n\n\n<li><strong>Government Bonds &amp; Fixed Deposits:<\/strong> NRIs can invest in <strong>RBI bonds<\/strong>, company <strong>fixed deposits<\/strong>, and <strong>NCDs (Non-Convertible Debentures)<\/strong> as per FEMA regulations.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-can-nris-repatriate-their-earnings-from-india\"><span id=\"can-nris-repatriate-their-earnings-from-india\">Can NRIs Repatriate Their Earnings From India?<\/span><\/h2>\n\n\n\n<p>Repatriation of funds refers to the process of <strong>transferring money from India to a foreign country<\/strong> by an <strong>NRI<\/strong> in compliance with FEMA guidelines.&nbsp;<\/p>\n\n\n\n<p><strong>FEMA rules for NRIs<\/strong> regulate how much and under what conditions funds can be repatriated to ensure transparency and prevent financial irregularities.<\/p>\n\n\n\n<p>NRIs can <strong>repatriate funds<\/strong> from India under FEMA regulations with certain restrictions:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Income Earned in India:<\/strong> NRIs can remit their <strong>salary, rent, dividends, and pension<\/strong> after paying applicable <strong>taxes<\/strong>.<br><\/li>\n\n\n\n<li><strong>Sale Proceeds of Property:<\/strong> If an <strong>NRI sells property<\/strong>, they can repatriate up to <strong>USD 1 million per year<\/strong>, subject to RBI approval and tax clearance.<br><\/li>\n\n\n\n<li><strong>Inherited Assets:<\/strong> If an NRI <strong>inherits property or financial assets<\/strong>, repatriation of up to <strong>USD 1 million per financial year<\/strong> is allowed.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-can-nris-send-money-to-india-without-restrictions\"><span id=\"can-nris-send-money-to-india-without-restrictions\">Can NRIs Send Money to India Without Restrictions?<\/span><\/h2>\n\n\n\n<p>Under <strong>FEMA rules for NRIs<\/strong>, there are no restrictions on sending money to India, provided all transactions comply with FEMA guidelines. NRIs must use <strong>official banking channels<\/strong> to ensure transparency and adherence to regulations. Key points to note:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Limit on Inward Remittances:<\/strong> NRIs can send any amount to India through <strong>official banking channels<\/strong>.<br><\/li>\n\n\n\n<li><strong>Currency Declaration Limit:<\/strong> If NRIs bring in more than <strong>USD 5,000 in cash<\/strong> or <strong>USD 10,000 in cash + travellers&#8217; cheques<\/strong>, they must declare it at <strong>Indian customs<\/strong>. Thus, it is important to know how much cash can be carried from abroad and <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/how-much-cash-you-can-carry-abroad-legally\/\"><strong>how much cash can be carried abroad legally<\/strong><\/a> on international flights.<br><\/li>\n\n\n\n<li><strong>Using NRE\/NRO Accounts:<\/strong> Funds transferred to India can be deposited into <strong>NRE, NRO, or FCNR accounts<\/strong> as per FEMA guidelines.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Check here for the details of some of the <\/strong><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/best-banks-in-india-for-inward-remittance\/\"><strong>best banks for inward remittance<\/strong><\/a><strong>. Know all about the charges on remittance.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-can-nris-lend-or-borrow-money-under-fema\"><span id=\"can-nris-lend-or-borrow-money-under-fema\">Can NRIs Lend or Borrow Money Under FEMA?<\/span><\/h2>\n\n\n\n<p>One of the essential <strong>foreign exchange rules for NRIs under FEMA<\/strong> is the regulation surrounding lending and borrowing money.&nbsp;<\/p>\n\n\n\n<p>FEMA ensures that such transactions comply with <strong>RBI guidelines<\/strong> to prevent money laundering and maintain economic stability. Here\u2019s what NRIs need to know:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>NRIs can lend to relatives in India<\/strong>, but loans must be in <strong>INR<\/strong> and comply with RBI limits.<\/li>\n\n\n\n<li><strong>NRIs can borrow from Indian banks<\/strong>, but the loan must be used for <strong>real estate, business, or personal use<\/strong>.<\/li>\n\n\n\n<li><strong>NRIs cannot give loans to Indian residents<\/strong> outside of permitted guidelines.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-are-the-fema-rules-for-nris-studying-abroad\"><span id=\"what-are-the-fema-rules-for-nris-studying-abroad\">What Are the FEMA Rules for NRIs Studying Abroad?<\/span><\/h2>\n\n\n\n<p>One of the important <strong>foreign exchange rules for NRIs under FEMA<\/strong> applies to students going abroad for higher education.&nbsp;<\/p>\n\n\n\n<p>Although students are not officially classified as NRIs immediately, FEMA considers them as NRIs for financial transactions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Remittance Limit:<\/strong> Students studying abroad can receive up to <strong>USD 250,000 per financial year<\/strong> under the <a href=\"https:\/\/fly.finance\/blog\/money-transfer\/liberalised-remittance-scheme\/\"><strong>Liberalized Remittance Scheme (LRS)<\/strong><\/a> for tuition fees, accommodation, and living expenses.<br><\/li>\n\n\n\n<li><strong>Bank Accounts:<\/strong> They can hold <strong>NRE\/NRO accounts<\/strong> in India for managing income or savings.<br><\/li>\n\n\n\n<li><strong>Educational Loans:<\/strong> Indian banks provide education loans to students going abroad, and repayment can be done through <strong>NRO\/NRE accounts<\/strong>.<br><\/li>\n\n\n\n<li><strong>Tax Benefits:<\/strong> Interest earned on <strong>NRE and FCNR accounts<\/strong> is tax-free, benefiting students managing funds from abroad.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-what-happens-if-nris-violate-fema-rules\"><span id=\"what-happens-if-nris-violate-fema-rules\">What Happens If NRIs Violate FEMA Rules?<\/span><\/h2>\n\n\n\n<p>Non-compliance with <strong>foreign exchange rules for NRIs under FEMA<\/strong> can result in <strong>penalties, fines, or legal consequences<\/strong>. This falls under the <strong>compounding of the contraventions<\/strong> process, where violations can be settled by paying a monetary penalty.&nbsp;<\/p>\n\n\n\n<p>However, serious breaches may lead to <strong>investigations by the Enforcement Directorate (ED)<\/strong>. Thus, NRIs must ensure:<\/p>\n\n\n\n<p class=\"has-medium-font-size\"><strong>Proper documentation for all transactions<\/strong>&#8211;<\/p>\n\n\n\n<p>NRIs must maintain accurate records of all <strong>foreign exchange transactions<\/strong> to comply with <strong>FEMA rules for NRIs<\/strong>. This includes keeping detailed documentation of remittances, investments, property transactions, and repatriations. Key documents to be maintained include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/form-a2\/\"><strong>Form A2<\/strong><\/a> for outward remittances exceeding a specified limit.<\/li>\n\n\n\n<li><strong>Tax Clearance Certificates (Form 15CA &amp; 15CB)<\/strong> for repatriation of funds.<\/li>\n\n\n\n<li><strong>Bank Statements and Investment Records<\/strong> for compliance verification.<\/li>\n<\/ul>\n\n\n\n<p>To ensure compliance with <strong>RBI and FEMA guidelines<\/strong>, NRIs should consult financial advisors, use authorized banking channels, and regularly review RBI circulars related to foreign exchange transactions.<\/p>\n\n\n\n<p>NRIs can also book <strong>consultations with financial advisors<\/strong> for complex transactions.<\/p>\n\n\n\n<p class=\"has-pale-ocean-gradient-background has-background\"><strong>Learn how to stay within the FEMA guidelines and avoid violations. Get insights into <\/strong><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/how-to-fix-fema-violations-students-guide-to-compounding-of-contraventions\/\"><strong>FEMA compounding rules<\/strong><\/a><strong> and RBI guidelines in this blog post.<\/strong><\/p>\n\n\n\n<p>All in all, by understanding and following foreign exchange rules for NRIs under FEMA, you can manage your finances efficiently and stay compliant with Indian laws.<\/p>\n\n\n\n<p>Check out the FAQs below for more information and better clarity.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1742872857367\"><strong class=\"schema-faq-question\">What are the foreign exchange rules for NRIs under FEMA?<\/strong> <p class=\"schema-faq-answer\">Under <strong>FEMA rules for NRIs<\/strong>, there is <strong>no limit on inward remittances<\/strong> to India. However, NRIs must <strong>declare foreign currency<\/strong> if bringing in more than <strong>USD 5,000 in cash<\/strong> or <strong>USD 10,000 including traveler\u2019s cheques<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872858520\"><strong class=\"schema-faq-question\">What are the FEMA rules for NRIs?<\/strong> <p class=\"schema-faq-answer\"><strong>FEMA rules for NRIs<\/strong> prohibit holding a <strong>resident savings account<\/strong> in India. NRIs must open an <strong>NRE (Non-Resident External) account<\/strong> for <strong>foreign income<\/strong> or an <strong>NRO (Non-Resident Ordinary) account<\/strong> for <strong>Indian earnings<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872859842\"><strong class=\"schema-faq-question\">What is the gift limit for NRIs to resident Indians under FEMA?<\/strong> <p class=\"schema-faq-answer\">NRIs can <strong>gift up to USD 250,000 per financial year<\/strong> to a resident Indian under the <strong>Liberalized Remittance Scheme (LRS)<\/strong>. If the recipient is a <strong>non-relative<\/strong>, the amount may be subject to <strong>gift tax<\/strong> under Indian tax laws.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872860400\"><strong class=\"schema-faq-question\">How much foreign currency can NRIs carry out of India?<\/strong> <p class=\"schema-faq-answer\">NRIs can carry up to USD 3,000 in cash while travelling abroad. Any amount exceeding USD 5,000 in cash or USD 10,000 (including traveller&#8217;s cheques) must be declared to Indian customs.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872861003\"><strong class=\"schema-faq-question\">What is included in foreign exchange according to FEMA?<\/strong> <p class=\"schema-faq-answer\">Foreign exchange under FEMA includes currency notes, deposits, balances, traveler\u2019s cheques, remittances, and foreign securities held by NRIs or resident Indians.<br\/><\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872933718\"><strong class=\"schema-faq-question\">How much money can NRIs transfer from India to abroad?<\/strong> <p class=\"schema-faq-answer\">NRIs can transfer up to USD 1 million per financial year from an NRO account after tax compliance and RBI approval. There is no limit on repatriation from an NRE or FCNR account.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872934246\"><strong class=\"schema-faq-question\">What happens if NRIs violate FEMA rules?<\/strong> <p class=\"schema-faq-answer\">Violating foreign exchange rules for NRIs under FEMA can result in fines, penalties, or legal consequences. The RBI may impose compounding penalties, and serious violations can lead to an investigation by the Enforcement Directorate (ED).<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872934860\"><strong class=\"schema-faq-question\">Can NRIs keep their resident savings accounts after moving abroad?<\/strong> <p class=\"schema-faq-answer\">No, under FEMA rules for NRIs, individuals moving abroad must convert their resident savings accounts into either an NRE (Non-Resident External) account or an NRO (Non-Resident Ordinary) account. Holding a resident savings account as an NRI is a FEMA violation, and banks may freeze or penalize such accounts if not converted in time.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872935444\"><strong class=\"schema-faq-question\">Can NRIs invest in India\u2019s PPF or NSC?<\/strong> <p class=\"schema-faq-answer\">No, under FEMA regulations for NRIs, they are not allowed to invest in small savings schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), and Post Office Savings Schemes.<br\/>However, if an NRI had a PPF account before moving abroad, they can continue contributing until maturity but cannot extend it.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872936119\"><strong class=\"schema-faq-question\">Is money in NRE accounts taxable?<\/strong> <p class=\"schema-faq-answer\">No, under foreign exchange rules for NRIs under FEMA, both principal and interest earned on NRE accounts are completely tax-free in India. This makes NRE accounts ideal for NRIs who want to park their foreign earnings in India while ensuring full repatriability and tax benefits.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872993533\"><strong class=\"schema-faq-question\">Can NRIs buy agricultural land in India?<\/strong> <p class=\"schema-faq-answer\">No, under FEMA regulations for NRIs, they cannot purchase agricultural land, plantation land, or farmhouses in India. However, NRIs can inherit or receive agricultural land as a gift from resident Indians or other NRIs who legally own such properties.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872994499\"><strong class=\"schema-faq-question\">How much money can NRIs repatriate from India?<\/strong> <p class=\"schema-faq-answer\">Under <strong>foreign exchange rules for NRIs under FEMA<\/strong>, NRIs can repatriate:<br\/>&#8211; <strong>Up to USD 1 million per financial year<\/strong> from their <strong>NRO account<\/strong> after tax compliance.<br\/>&#8211; <strong>Proceeds from property sales<\/strong> provided the original purchase was made under <strong>FEMA-compliant regulations<\/strong>.<br\/>&#8211; <strong>Inherited or gifted assets<\/strong>, subject to appropriate documentation and <strong>RBI approvals if required<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742872995877\"><strong class=\"schema-faq-question\">Can NRIs send unlimited money to India?<\/strong> <p class=\"schema-faq-answer\">Yes, <strong>FEMA rules for NRIs<\/strong> allow unlimited <strong>inward remittances<\/strong> to India through <strong>banking channels<\/strong> such as <strong>wire transfers, NRE\/NRO deposits, or money transfer services<\/strong>. However, NRIs must ensure <strong>compliance with anti-money laundering (AML) regulations<\/strong> and use <strong>official banking channels<\/strong> to avoid any scrutiny under FEMA.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742873075408\"><strong class=\"schema-faq-question\">Can NRIs get home loans in India?<\/strong> <p class=\"schema-faq-answer\">Yes, under <strong>FEMA regulations for NRIs<\/strong>, they can apply for <strong>home loans from Indian banks and NBFCs<\/strong> to purchase <strong>residential or commercial properties in India<\/strong>. The repayment must be done using:<br\/>&#8211; <strong>NRE\/NRO\/FCNR accounts<\/strong><br\/><strong>&#8211;<\/strong> <strong>Remittances from abroad<\/strong><br\/><strong>&#8211;<\/strong> <strong>Rental income from the property in India<\/strong><br\/>NRIs cannot <strong>use foreign currency directly<\/strong> to repay loans in India.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742873095726\"><strong class=\"schema-faq-question\">Do students studying abroad qualify as NRIs?<\/strong> <p class=\"schema-faq-answer\">Yes, under <strong>foreign exchange rules for NRIs under FEMA<\/strong>, students pursuing education abroad are <strong>treated as NRIs<\/strong> for the purpose of <strong>financial transactions<\/strong>. They can:<br\/>&#8211; <strong>Receive up to USD 250,000 per financial year<\/strong> for tuition fees, accommodation, and living expenses under the <strong>Liberalized Remittance Scheme (LRS)<\/strong>.<br\/>&#8211; <strong>Hold NRE\/NRO accounts<\/strong> to manage funds in India.<br\/>&#8211; <strong>Avail of education loans<\/strong> from Indian banks with repayment through <strong>NRO\/NRE accounts<\/strong>.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1742873120223\"><strong class=\"schema-faq-question\">Can NRIs hold foreign currency in India?<\/strong> <p class=\"schema-faq-answer\">Yes, under <strong>FEMA regulations for NRIs<\/strong>, they can hold foreign currency up to <strong>USD 2,000 in cash<\/strong> without any prior approval. If the amount exceeds this limit, it must be <strong>deposited into an FCNR account<\/strong> or converted into <strong>Indian Rupees through authorized dealers<\/strong>.<\/p> <\/div> <\/div>\n\n\n\n<p>To learn more about <a href=\"https:\/\/fly.finance\/international-bank-account\"><strong>bank accounts for students<\/strong><\/a>, the best <a href=\"https:\/\/fly.finance\/loans\"><strong>education loans<\/strong><\/a>, <a href=\"https:\/\/fly.finance\/forex\"><strong>forex<\/strong>,<\/a> banking experience for global students, or international money transfers, reach out to our experts at 1800572126 to help ease your experience with studying abroad.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-pale-ocean-gradient-background has-background has-fixed-layout\"><tbody><tr><td colspan=\"2\"><strong>Additional Reads<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/difference-between-fera-and-fema\/\"><strong>Difference Between FERA and FEMA<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/fema-guidelines-for-outward-remittance\/\"><strong>FEMA Guidelines for Outward Remittance<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-companies-in-india\/\"><strong>Foreign Exchange Companies in India<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/gst-on-foreign-exchange-in-india\/\"><strong>GST on Foreign Exchange in India<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/education-loan\/how-to-exchange-foreign-currency-to-indian-rupees\/\"><strong>How to Exchange Foreign Currency to Indian Rupees?<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/exchange-currency-at-home-or-abroad\/\"><strong>Is It Better To Exchange Currency at Home or Abroad?<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/role-of-a-remitter-in-banking-transactions\/\"><strong>Role of a Remitter in Banking Transactions<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/role-of-central-banks-in-foreign-exchange-markets\/\"><strong>Role of Central Banks in Foreign Exchange Markets<\/strong><\/a><\/td><\/tr><tr><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/current-account-transactions-under-fema\/\"><strong>Current Account Transactions Under FEMA<\/strong><\/a><\/td><td><a href=\"https:\/\/fly.finance\/blog\/money-transfer\/how-to-fill-form-a2\/\"><strong>How to Fill Form A2 for International Money Transfer<\/strong><\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Follow Us on Social Media <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-social-links is-layout-flex wp-block-social-links-is-layout-flex\"><li class=\"wp-social-link wp-social-link-instagram  wp-block-social-link\"><a 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c-2.552,0-4.622,2.069-4.622,4.622S9.448,16.622,12,16.622s4.622-2.069,4.622-4.622S14.552,7.378,12,7.378z M12,15 c-1.657,0-3-1.343-3-3s1.343-3,3-3s3,1.343,3,3S13.657,15,12,15z M16.804,6.116c-0.596,0-1.08,0.484-1.08,1.08 s0.484,1.08,1.08,1.08c0.596,0,1.08-0.484,1.08-1.08S17.401,6.116,16.804,6.116z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Instagram<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-linkedin  wp-block-social-link\"><a href=\"https:\/\/www.linkedin.com\/company\/flyfinance\/\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M19.7,3H4.3C3.582,3,3,3.582,3,4.3v15.4C3,20.418,3.582,21,4.3,21h15.4c0.718,0,1.3-0.582,1.3-1.3V4.3 C21,3.582,20.418,3,19.7,3z M8.339,18.338H5.667v-8.59h2.672V18.338z M7.004,8.574c-0.857,0-1.549-0.694-1.549-1.548 c0-0.855,0.691-1.548,1.549-1.548c0.854,0,1.547,0.694,1.547,1.548C8.551,7.881,7.858,8.574,7.004,8.574z M18.339,18.338h-2.669 v-4.177c0-0.996-0.017-2.278-1.387-2.278c-1.389,0-1.601,1.086-1.601,2.206v4.249h-2.667v-8.59h2.559v1.174h0.037 c0.356-0.675,1.227-1.387,2.526-1.387c2.703,0,3.203,1.779,3.203,4.092V18.338z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">LinkedIn<\/span><\/a><\/li>\n\n<li class=\"wp-social-link wp-social-link-twitter  wp-block-social-link\"><a href=\"https:\/\/twitter.com\/flydotfinance\" class=\"wp-block-social-link-anchor\"><svg width=\"24\" height=\"24\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M22.23,5.924c-0.736,0.326-1.527,0.547-2.357,0.646c0.847-0.508,1.498-1.312,1.804-2.27 c-0.793,0.47-1.671,0.812-2.606,0.996C18.324,4.498,17.257,4,16.077,4c-2.266,0-4.103,1.837-4.103,4.103 c0,0.322,0.036,0.635,0.106,0.935C8.67,8.867,5.647,7.234,3.623,4.751C3.27,5.357,3.067,6.062,3.067,6.814 c0,1.424,0.724,2.679,1.825,3.415c-0.673-0.021-1.305-0.206-1.859-0.513c0,0.017,0,0.034,0,0.052c0,1.988,1.414,3.647,3.292,4.023 c-0.344,0.094-0.707,0.144-1.081,0.144c-0.264,0-0.521-0.026-0.772-0.074c0.522,1.63,2.038,2.816,3.833,2.85 c-1.404,1.1-3.174,1.756-5.096,1.756c-0.331,0-0.658-0.019-0.979-0.057c1.816,1.164,3.973,1.843,6.29,1.843 c7.547,0,11.675-6.252,11.675-11.675c0-0.178-0.004-0.355-0.012-0.531C20.985,7.47,21.68,6.747,22.23,5.924z\"><\/path><\/svg><span class=\"wp-block-social-link-label screen-reader-text\">Twitter<\/span><\/a><\/li><\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India has strict foreign exchange rules for NRIs under FEMA (Foreign Exchange Management Act, 1999). This law governs how NRIs manage foreign exchange transactions while ensuring compliance with RBI guidelines. The foreign exchange rules for NRIs under FEMA supervise account restrictions, investment limitations, property ownership rules, and remittance regulations to avoid legal complications. So, they &#8230; <a title=\"Foreign Exchange Rules for NRIs Under FEMA\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/\" aria-label=\"Read more about Foreign Exchange Rules for NRIs Under FEMA\">Read more<\/a><\/p>\n","protected":false},"author":29,"featured_media":18609,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[],"class_list":["post-18608","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-transfer"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign Exchange Rules for NRIs Under FEMA<\/title>\n<meta name=\"description\" content=\"Find out about the foreign exchange rules for NRIs under FEMA, including regulations for accounts, 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I'm Shubhika- a proud graduate in English Literature and Language from Delhi University. My journey as a content writer transitioned from online teacher into the world of words. Stepping into the domain of blogs and articles, I discovered my passion for writing growing deeper and stronger. Having said that, I have experience of writing for diverse industries in automobile, technology, ed-tech, finance and mental-health; crafting details to help you find the solution to what you are looking for. Join me as I invite you all explore and learn together.","sameAs":["https:\/\/www.facebook.com\/shubhika.garg\/","https:\/\/www.instagram.com\/shubhika.garg\/","https:\/\/www.linkedin.com\/in\/shubhikagarg71\/","https:\/\/www.tumblr.com\/blog\/shubhikahere"],"url":"https:\/\/fly.finance\/blog\/author\/shubhika\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872857367","position":1,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872857367","name":"What are the foreign exchange rules for NRIs under FEMA?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Under <strong>FEMA rules for NRIs<\/strong>, there is <strong>no limit on inward remittances<\/strong> to India. However, NRIs must <strong>declare foreign currency<\/strong> if bringing in more than <strong>USD 5,000 in cash<\/strong> or <strong>USD 10,000 including traveler\u2019s cheques<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872858520","position":2,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872858520","name":"What are the FEMA rules for NRIs?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"<strong>FEMA rules for NRIs<\/strong> prohibit holding a <strong>resident savings account<\/strong> in India. NRIs must open an <strong>NRE (Non-Resident External) account<\/strong> for <strong>foreign income<\/strong> or an <strong>NRO (Non-Resident Ordinary) account<\/strong> for <strong>Indian earnings<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872859842","position":3,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872859842","name":"What is the gift limit for NRIs to resident Indians under FEMA?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"NRIs can <strong>gift up to USD 250,000 per financial year<\/strong> to a resident Indian under the <strong>Liberalized Remittance Scheme (LRS)<\/strong>. If the recipient is a <strong>non-relative<\/strong>, the amount may be subject to <strong>gift tax<\/strong> under Indian tax laws.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872860400","position":4,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872860400","name":"How much foreign currency can NRIs carry out of India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"NRIs can carry up to USD 3,000 in cash while travelling abroad. Any amount exceeding USD 5,000 in cash or USD 10,000 (including traveller's cheques) must be declared to Indian customs.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872861003","position":5,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872861003","name":"What is included in foreign exchange according to FEMA?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Foreign exchange under FEMA includes currency notes, deposits, balances, traveler\u2019s cheques, remittances, and foreign securities held by NRIs or resident Indians.<br\/>","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872933718","position":6,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872933718","name":"How much money can NRIs transfer from India to abroad?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"NRIs can transfer up to USD 1 million per financial year from an NRO account after tax compliance and RBI approval. There is no limit on repatriation from an NRE or FCNR account.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872934246","position":7,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872934246","name":"What happens if NRIs violate FEMA rules?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Violating foreign exchange rules for NRIs under FEMA can result in fines, penalties, or legal consequences. The RBI may impose compounding penalties, and serious violations can lead to an investigation by the Enforcement Directorate (ED).","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872934860","position":8,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872934860","name":"Can NRIs keep their resident savings accounts after moving abroad?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, under FEMA rules for NRIs, individuals moving abroad must convert their resident savings accounts into either an NRE (Non-Resident External) account or an NRO (Non-Resident Ordinary) account. Holding a resident savings account as an NRI is a FEMA violation, and banks may freeze or penalize such accounts if not converted in time.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872935444","position":9,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872935444","name":"Can NRIs invest in India\u2019s PPF or NSC?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, under FEMA regulations for NRIs, they are not allowed to invest in small savings schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC), Kisan Vikas Patra (KVP), and Post Office Savings Schemes.<br\/>However, if an NRI had a PPF account before moving abroad, they can continue contributing until maturity but cannot extend it.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872936119","position":10,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872936119","name":"Is money in NRE accounts taxable?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, under foreign exchange rules for NRIs under FEMA, both principal and interest earned on NRE accounts are completely tax-free in India. This makes NRE accounts ideal for NRIs who want to park their foreign earnings in India while ensuring full repatriability and tax benefits.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872993533","position":11,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872993533","name":"Can NRIs buy agricultural land in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, under FEMA regulations for NRIs, they cannot purchase agricultural land, plantation land, or farmhouses in India. However, NRIs can inherit or receive agricultural land as a gift from resident Indians or other NRIs who legally own such properties.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872994499","position":12,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872994499","name":"How much money can NRIs repatriate from India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Under <strong>foreign exchange rules for NRIs under FEMA<\/strong>, NRIs can repatriate:<br\/>- <strong>Up to USD 1 million per financial year<\/strong> from their <strong>NRO account<\/strong> after tax compliance.<br\/>- <strong>Proceeds from property sales<\/strong> provided the original purchase was made under <strong>FEMA-compliant regulations<\/strong>.<br\/>- <strong>Inherited or gifted assets<\/strong>, subject to appropriate documentation and <strong>RBI approvals if required<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872995877","position":13,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742872995877","name":"Can NRIs send unlimited money to India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, <strong>FEMA rules for NRIs<\/strong> allow unlimited <strong>inward remittances<\/strong> to India through <strong>banking channels<\/strong> such as <strong>wire transfers, NRE\/NRO deposits, or money transfer services<\/strong>. However, NRIs must ensure <strong>compliance with anti-money laundering (AML) regulations<\/strong> and use <strong>official banking channels<\/strong> to avoid any scrutiny under FEMA.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742873075408","position":14,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742873075408","name":"Can NRIs get home loans in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, under <strong>FEMA regulations for NRIs<\/strong>, they can apply for <strong>home loans from Indian banks and NBFCs<\/strong> to purchase <strong>residential or commercial properties in India<\/strong>. The repayment must be done using:<br\/>- <strong>NRE\/NRO\/FCNR accounts<\/strong><br\/><strong>-<\/strong> <strong>Remittances from abroad<\/strong><br\/><strong>-<\/strong> <strong>Rental income from the property in India<\/strong><br\/>NRIs cannot <strong>use foreign currency directly<\/strong> to repay loans in India.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742873095726","position":15,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742873095726","name":"Do students studying abroad qualify as NRIs?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, under <strong>foreign exchange rules for NRIs under FEMA<\/strong>, students pursuing education abroad are <strong>treated as NRIs<\/strong> for the purpose of <strong>financial transactions<\/strong>. They can:<br\/>- <strong>Receive up to USD 250,000 per financial year<\/strong> for tuition fees, accommodation, and living expenses under the <strong>Liberalized Remittance Scheme (LRS)<\/strong>.<br\/>- <strong>Hold NRE\/NRO accounts<\/strong> to manage funds in India.<br\/>- <strong>Avail of education loans<\/strong> from Indian banks with repayment through <strong>NRO\/NRE accounts<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742873120223","position":16,"url":"https:\/\/fly.finance\/blog\/money-transfer\/foreign-exchange-rules-for-nris-under-fema\/#faq-question-1742873120223","name":"Can NRIs hold foreign currency in India?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, under <strong>FEMA regulations for NRIs<\/strong>, they can hold foreign currency up to <strong>USD 2,000 in cash<\/strong> without any prior approval. If the amount exceeds this limit, it must be <strong>deposited into an FCNR account<\/strong> or converted into <strong>Indian Rupees through authorized dealers<\/strong>.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/18608","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=18608"}],"version-history":[{"count":2,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/18608\/revisions"}],"predecessor-version":[{"id":18611,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/18608\/revisions\/18611"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/18609"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=18608"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=18608"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=18608"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}