[Show all top banners]

sajalshakya
Replies to this thread:

More by sajalshakya
What people are reading
Subscribers
:: Subscribe
Back to: Kurakani General Refresh page to view new replies
 banking after NRN citizenship
[VIEWED 2354 TIMES]
SAVE! for ease of future access.
Posted on 01-01-24 1:58 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

If a NRN citizen or NRN card holder wanted to bring some legitimately earned money from the US to Nepal (for example sale of proprty, or one's savings etc) and buy property in Nepal using that money, how would one do it?

Or let us say NRN citizen or NRN card holder is due to get some money in Nepal thru sale of ancestral property ....

---Bank account in Nepal to deposit the money by transferring from US bank to Nepal (in the 1st scenario where money is coming from US) or depositing money locally in Nepal (in the 2nd scenario where money is coming locally from family) ------would the account opening process be the same NRN account process with Nepali bank ?

---these days nepali banks ask for source of money and also PAN card number. How would the NRN citizen or NRN card holder obtain a PAN card?
 
Posted on 01-01-24 3:28 PM     [Snapshot: 20]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

I thik you get all the previleges/rights as the normal nepali citizens are getting other than right to vote and get elected. May be you cant hold any gov jobs too.
 
Posted on 01-01-24 6:58 PM     [Snapshot: 75]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

One of the fellow NRN citizen was able to open account in Nabil bank just as any other Nepali. You can ask him further questions in link below at Dec 23rd post.

https://www.facebook.com/groups/nrn.nagarikta.public.forum.discussion
 
Posted on 01-12-24 10:17 PM     [Snapshot: 1130]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Thanks Ajit. Discussed with a couple people who were able to do video KYC at some nep banks. It looks like they may have just said ctzshp "nepali" on the kyc
Last edited: 06-May-24 09:17 PM

 
Posted on 05-06-24 9:22 PM     [Snapshot: 2228]     Reply [Subscribe]
Login in to Rate this Post:     0       ?    
 

Looks like Nepali banks require copy of passport and W9 Form for US passport holders per FATCA rules.
W9 form asks for taxpayer ID (social security number). I am assuming the bank will report any deposits or interest earned to US tax authorities.

Just wondering how safe is it to provide social security number to banks in Nepal. Is there a potential for misuse? Not sure how good banks are in Nepal as far as protecting private info and if there is a risk of any rogue employee trying to misuse the Ss#.
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 7 days
Recommended Popular Threads Controvertial Threads
TPS Re-registration case still pending ..
They are openly permitting undocumented immigrants to participate in federal elections in Arizona now.
Trasiting through Istanbul, Turkey
lost $3500 on penny stocks !!!
Is this a progressive step?
Nepalese Students Face Deportation over Pro-Palestine Protest
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters