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05/29/2017

How to open a bank account in India

India,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transferA few years ago, a foreigner needed an Indian ‘sponsor’ to be able to open an account in India. Apparently things got easier and everyone can open a bank account in India (under certain conditions, of course): tourists, students, expatriates, etc.

There is a plethora of banks in India.

Private local (but good) banks:

  • HDFC - I tested
  • Axis - I tested
  • ICICI

International banks:

  • Citibank - I tested
  • HSBC

India,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transfer TOURIST

 Principle:

If you travel in India, you can open a NRO (Non-Resident Ordinary) account.

You can deposit money earned abroad in India. The interest earned on this account are taxable in India. You can use this account to make payments in India.

You have to upload documents online (it takes less than an hour) and then it takes 3-4 days for the account to be activated.

Documents for an NRO tourist account:

  1. Passport
  2. Tourist visa
  3. Proof of residence in your country of origin (the Passport is apparently accepted as such, so is the driver license, or a utility bill (electricity or phone) less than 2 months old, a bank statement less than 3 months old)
  4. PAN Card, which you probably won’t have and in this case the Form 60 (here)
  5. FATCA / CRS statement (downloadable from the site of the selected bank)
  6. The CKYC Annexure (downloadable from the site of the selected bank)
  7. The Bank form
  8. 2 photos
  9. All copies self-certified

Transfer funds from your home country to an account in India:

It’s easy.

  • You can do this via your home Bank.
  • Or WesternUnion.
  • Or a Bank in India (ICICI has for example a Money2India module).
  • Or PayPal.
  • A site of transfer and Moneytis can give you a comparison of all the sites

 Repatriate funds from an NRO account to your home country (3):

You can repatriate what’s left on your account within the limit of 1 million dollars a year. Be aware, the account has to be active for a maximum period of 6 months and you must not have put any money earned in India on it (except for the interests) in order to repatriate the balance funds. If you are a tourist and you stay more than 6 months, you will have to ask special permission from the RBI (Reserve Bank of India).

 

India,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transferSTUDENTIndia,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transfer

Principle:

If you are coming to study in India, you can open a NRO (Non-Resident Ordinary) student account.

You can deposit money earned in your home country or in India. The interests earned on this account are taxable in India. You can use this account to make payments in India.

You have to upload documents online (it takes less than an hour) and then it takes 3-4 days for the account to be activated.

Rule:

Within 30 days of opening the account, you must deposit at the Bank your address proof in India. Pending verification of address, you can deposit maximum $ 1,000 and withdraw maximum Rs 50,000.

Documents for an NRO account:

  1. Passport
  2. Student visa (or tourist visa with admission letter from the Institute)
  3. Proof of residence in your country of origin (the Passport is apparently accepted as such, so is the driver license, or a utility bill (electricity or phone) less than 2 months old, a bank statement less than 3 months old)
  4. PAN Card, which you probably won’t have and in this case the Form 60 (here)
  5. FATCA / CRS statement (downloadable from the site of the selected bank)
  6. The CKYC Annexure (downloadable from the site of the selected bank)
  7. The Bank form
  8. 2 photos
  9. All copies self-certified
  10. All signed copies

Transfer funds from the France (or abroad) to an account in India:

It’s easy.

  • You can do this via your home Bank.
  • Or WesternUnion.
  • Or a Bank in India (ICICI has for example a Money2India module).
  • Or PayPal.
  • A site of transfer and Moneytis can give you a comparison of all the sites

Repatriate funds from an NRO account to your home country (3):

You can repatriate what's left on your account within the limit of 1 million dollars a year. The RBI (Reserve Bank of India) doesn’t mention any maximum duration for the account to be active, but it is reasonable to assume that it is related to the duration of the visa.

 

India,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transferEXPATRIATES working in India (employment visa)

It also works for the OCI and non-working foreign residents, I assume.

You can open a Domestic account / Resident, also called a ‘Resident Individuals’ account (which may be a salary account or own account (normal current/saving account)).

Documents to open an account a Resident Individual:

  1. Passport
  2. Employment visa (they might also ask for the contract0
  3. Proof of residency (copy of the FRRO or OCI booklet)
  4. Proof of address in India
  5. PAN Card or the Form 60 (here) if you don’t have a PAN Card (though you might apply as you will need it)
  6. The Bank form
  7. 2 photos
  8. All copies self-certified

NB: The bank usually requires you to send the scan of the renewed visa every year to keep the account active. After 12 months without any transaction, the account is considered as inactive – interests continue to run but you can no longer make any transaction. It is however possible to reactivate an inactive account.

Transfer funds from your home country to an account in India:

A priori you won’t need to do it since you will be working. Otherwise the methods given above for tourists and students work!

Repatriate funds from an Indian account to your home account (3):

To repatriate funds, please note that it is highly regulated and that online transfer solutions may not work.

So you may have to go to the Bank and fill out the ‘foreign remittance’ form. You will have to have in hand the details of the account on which you want to transfer the funds (IBAN and SWIFT). You must also provide the evidence of salary (because you cannot transfer more than your net pay after all the deductions and taxes): salary slips signed (covering the amount you want to repatriate, e.g. 3 months if you want to transfer the equivalent of 3 months of net salary), or the Form 16, or a certificate from the employer.

You can also use Western Union or other agents of the same type, but I have never tried.

 

To sum-up what kind of non-resident accounts can be opened in India:

India,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transfer

India,bank account,foreigner,student,tourist,expatriate,funds,repatriation,money transfer

04/24/2017

In the name of the Father, Mother-in-law and King-child: Parenting in India (seen by a Foreigner)

I was asked to talk about ‘parenting in India’. Quite a broad topic! I thought about if for several weeks, about what I have witnessed in the society I know and hoping not to write too many non-senses – which is a difficult task because in India for everything you say, the opposite is almost always true also...india,parenting,education,upbringing,raising up children in india,society,respect,taboo,pressure

I have already written quite a lot about the experience of having a baby in India (1). In short, at the beginning, there is the mother-in-law, often present at birth, and she is often the first one to hold the newborn (before the mother this is true). Then the sister-in-law has to carry out a ritual – clean the mother’s nipples to purify them and give to the newborn a mixture made of honey (jatakarma) so he grows up all sweet with a sweet tooth – before breastfeeding can be initiated. The tone is thus set from the beginning: ‘parenting’ in India is more about ‘familying’, it is the job of about everyone in the family, if not especially the mother-in-law ( ;) ), which can upset the Western sensibility of a responsible mother who has her own views on what she wants or does not want for her child. Especially if she married to an Indian, and must comply with the rites like the naming ceremony or the head shaving (2).

The Indian son brought up, in the tradition, to never leave the family abode, his parents; in this sense he is and will always remain a ‘king boy’ all his life, kept away from any household chore – which makes guys who don’t even know not what a papaya looks like other than than in pieces on their plate, imagine. That’s the job of the women of the house: the mother, in whose petticoats he will always be hanging on except for a few misdemeanors to his wife’s, and then the latter. The Indian girl is brought up to be a good (obedient) daughter-in-law (maid) and especially a mother (she will only achieve her reason of being and earn her right to be on this Earth when she will give birth and this is apparently why we find in India the oldest primiparous women (3)); She will most likely leave her home for her husband’s and there is a good chance that she will not be able to work, even if she has done good studies (it is changing, but at a snail pace). She is taught to respect, obey, renounce being herself and especially swallow her feelings. If unfortunately a tragedy like a miscarriage happens, she is told that “there is no point crying, she should just forget and move on”. Mourning, letting her emotions flow? But this is madness! It is put a bit abruptly but it is quite like that.

Let us get back to the notion of ‘king boy’. French parents love their children, but they also try to limit the disruption their arrival means, in other words to not sacrifice their (entire) lives to their kids. For example the couple’s ‘intimacy’ is given a lot of importance and guides the sleeping organization. Which Westerner (except for the hipsters who are bringing back ‘co-sleeping’ india,parenting,education,upbringing,raising up children in india,society,respect,taboo,pressureinto fashion) would not be horrified by the mere idea that children sleep with their parents? And up to 4 years at least! I remember being shocked when I could not find a child’s room (to sleep or play) in my Indian colleague’s apartment which yet had to bedrooms. In India, children not only sleep in the same bed as their parents, but also at the same time. Talk of ‘food and sleep schedule’ or ‘sleep training’ and they look at you like a monster. Here children live to the rhythm of the household from their very first few hours and immediately the world starts spinning around them. It is very cultural: the couple has very little importance in India, lost in the more comprehensive concept of family (in-laws, children, cousins, all must live in harmony, and the couple (which is anyway in general made of reason and not love) must make all the efforts to make it happen). In most Western societies, the couple is the foundation, and we even conceive that the children’s well-being could depend on the happiness of the parental couple - in our individualistic Western world, happiness comes from the realization of the self, in India by doing your duty, and ALL the difference comes from here. The latter are not ashamed to go on a holiday without their little one. And no Indian person would even think of it (also because the notion of ‘holidays’ is fairly new and is generally limited to visit the family and not to laze on a beach or hike in the mountains (unless there is a temple to see)). Indians also bring very young kids to the (adult) movies, to shows where mythological monsters scare the shit of me, or even to bars. And to conclude, in India, we don't let kids cry, it’s a sin. Some say it would be beneficial to let youngsters express their feelings, anger or sadness, but I guess it just creates too much distress for the family here.

The Indian parents smolder their young; and yet they do not really arm them to survive in this world of brutes, to become independent, an individual; individuality occupies only a very small place in the Indian family structure. Right from the beginning for instance, the newborn is a ‘thing’ that is being passed from arm to arm, he ‘belongs’ to everyone, an extension of his parents which does not really have his own personality, still less a respected one. (I always surprise people when I let my two year old choose his clothes himself.) The smoldering is more physical where the mother hyper attentive to the needs of her baby: baby that she breastfeeds very late, that she massages every day, that they are always carrying. In India we are really in a 'contact' culture versus a 'hearing' Western environment where we leave babies lying down and watching the ceiling or a mobile toy and we teach them from a very early age to 'not be too attached' because the separation is going to come very soon. So in India the mother is so close to her child that she can even predict from a very early age to detect when he is going to shit and manage to potty-train him almost before his sphincters are sufficiently developed. A method consists in walking behind the kid with a newspaper, and slide it under the buttocks as soon as you can spot the signs of an imminent defecation. If you are not fast enough, you can then use the same paper to pick with the trophy. A complementary technique offers to let the baby hang around without diapers, playing in the sand pit and let his pee dry when it flows into the pants – I find it risky winter but how am I to talk potty-training? – apparently children learn fast in these cases. (And the economy of diapers relieves everybody: the wallet and the planet.)

When French mothers go to the park, they usually sit on a bench chatting while their small ones play around; and I find it fascinating. Indian mothers, if they were going to the park instead of sending the nanny, would spend their time running behind their kid. A bit like me so. But the height of it was when the Director of a babystore chain praised me the merits of an innovation that should be a big hit in India: a helmet to protect the back of the head when toddlers fall, because “you have no idea the number of mothers who spend their day running behind their offspring with a pillow so that they don’t let them hurt themselves when learning how to walk!” If that's not the summum of smoldering, I don’t know what is... (that being said I have personally never witnessed this kind of behavior).

And the food! The sinews of war, you will tell me. Feeding a child in France seems simple enough: he sits at the table, if he eats, all well, if he doesn’t eat, all well, he will get the same stuff at dinner. Feeding a child in India is just the opposite: parents and grand-parents spend their day putting who a piece of chapati, who a sugar cube, in the mouth of the small one, usually busy with other things. No wonder that Indian adults are the champions of snacking (and they often munch on fat fried stuff)! And then, at each visit, the first comments are usually on the weight of the child – knowing that in general the bigger better, where “chubby”" means “healthy”.

In a nutshell this is what the ‘king boy’ is: a kid that we don’t let cry, who is fed all the time. india,parenting,education,upbringing,raising up children in india,society,respect,taboo,pressureExcept that the king child gets a reality check pretty fast and it’s even harder as he was not prepared for it  during his tender years. For example, when I told the story of my son calling his father by his first name for the first time, which I found very cute and funny, I was explained that at 2 it makes everyone laugh and at 5 he would get slapped for it. Indians seem to have a pretty heavy hand, slaps come easy and even teachers do not go at it with the back of the spoon – just like France a few decades ago. One must also highlights that in India, the ‘respect’ for elders is sacred. The king child is not God! It is therefore not a good idea to question one’s parents, worst to disobey them - so for a French who is used to question everything and everybody all the time, it is pretty hard to understand. The dialogue parents-children is sometimes difficult, in addition to the fact that certain topics are completely taboo, such as sexuality (and its abuses), alcohol, drugs etc. In short a lot of crucial discussions are avoided, because “we don’t talk about these things here”.It is also quite interesting to observe that living all together doesn't necessarily means communicating more or better, and it is quite the opposite actually. It is also compelling to see that Indians, who are by the way very emotional people, don't express much their feelings, and you often have to read between the lines. For instance, most Indian languages have no real word to express love, the love of a parent, a child, or even a partner. According to somebody close to me, love is expressed in India not by words but by actions, like "preparing somebody's favorite dish". And here we go, back to food, it’s crazy! (I could have argued said that in Europe one must use words AND gestures – it is a hard job ‘keeping love alive’.) In short in India we don’t say I love you and we don’t live crazy love stories, and that’s probably why people love a good marshmallow Bollywood movie: it sells them some dream (or rather fantasy)!

It is mostly when school starts that children start realizing that life is no piece of cake. It can therefore begin early. In Europe we had to develop creches so that mothers could work and we ended up putting oursevelves some balm on the heart by convincing ourseveles that it is actually a choice, and it’s better for the children not to be at home from a young age – which I don’t believe to be entirely true. So in India, despite the fact that many mothers stay at home, surrounded by her in-laws and supported by the nanny, more and more hurry to put their offspring early in (pre)school, india,parenting,education,upbringing,raising up children in india,society,respect,taboo,pressure“so that they develop grows faster”. An explanation that makes me jump every time, a systematic response when I ask why a mother who insists that I send my son since he turned 12 months to school. But why on earth do people always want to go faster than the music? Especially since once they are in the system, children face incredible pressure because competition is fierce and the seats are expensive: there are many young people and a huge poor class ready to fight to get out of the shit (they represent 70% of the population), not enough good institutions and quotas for lower castes, no unemployment insurance, no retirement scheme etc. In short, if you are not hungry enough to fight for survival, you're dead (unless your parents are super rich). Education is therefore a business, an ‘investment’ for which returns are clearly expected and which does not stop at the school which can cost a fortune: kids spend almost as much time (and parents spend almost as much money) in tuition! And the new trend is the extra-curricular activities: youngsters must be the best in class, and at playing tennis and the guitar. Not much respite for them.

In short, each parent gives their best at parenting don’t they? But in modern India, where society is changing fast and they have been integrating many Western concepts in conflict with a system of hard skinned traditions and values, it is easy to get lost when you try and bring up a child!

(1) http://www.indiandacoit.com/list/my-docs-about-india/babi... and  http://www.indiandacoit.com/list/my-docs-about-india/baby-samourai-made-in-india.html   

(2) http://www.bbc.co.uk/religion/religions/hinduism/ritesrituals/baby.shtml

(3) http://www.dailymail.co.uk/health/article-3582592/Indian-woman-70-gives-birth-baby.html

03/13/2017

Cleanliness lesson

Some fun in the ‘Back room’ of Immigration at Chicago airport – where only privileged people (like me) suspected of coming to stay illegally are asked to visit.

India,US,immigration,airport,backroom,littering,dumping waste,offence,police,nuisanceI was sitting there, waiting for my turn (or for officers to wake up as I was apparently the first one at 6 AM), when a couple of elderly Indians came in.

An officer followed, very jovial, which is very much unusual in the ‘back room’. Apparently, there was something funny going on:

  • Officer: Hey, I wanna know, I’m just curious, but what did you do to be arrested for nuisance?
  • Indian oldy: Reneumeuleu (inaudible mumbling, language indistinct)
  • Officer: No, no, I just want to know, don’t stress!
  • Indian oldy: Reneumeuleu (inaudible mumbling, language indistinct)
  • Officer (losing the smile): Okay, listen, you have been in the US for 4 years and you don’t speak English?? No?? Police? Arrested? POLIIIIIICE???
  • Indian oldy: Reneumeuleu (inaudible mumbling, language indistinct)
  • Officer: Oh, so you just dumped waste?
  • Indian oldy: Reneumeuleu (inaudible mumbling, language indistinct)

India,US,immigration,airport,backroom,littering,dumping waste,offence,police,nuisanceMe: Hahaha, here you go my dear fellow Indians! Maybe India should also fine people for littering?? It could even be more profitable than increasing income tax! (Ok but then there should be proper management of waste collection and disposition, and they are not there yet…)

(Which is all a bit of hypocrite from me, since I got scolded very bad by my favorite Indian for throwing orange peel through the window in Ireland, completely backed up by my mother.)