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Month: September 2023

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Where & How to Get the Statement of No Marriage?

Where & How to Get the Statement of No Marriage?

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A “Statement of No Marriage” is the “Certificate of No Marriage Record”. This is a legal document that an individual, who lives afar, requires for proving that he or she is single. So, you can take it as a legalized proof of one’s bachelorhood.

As an Indian or non-resident, you may have to obtain it for a passport, a visa, or becoming a beneficiary of certain government schemes. You can have it by following a straightforward process. Typically, the local government or authority like SDM manages this process. This blog will help you to overview the entire process of getting it from India, no matter where you live.

Where to Get the Statement of No Marriage:

As the title of this blog states, “where to get the Statement of No Marriage” in India, let’s help you to know below.

However, the answer to this question is aforementioned. You can visit the office of a local authority, such as sub-registrar office or local municipal authority to obtain it. These are the competent authorities who you can contact with and apply for this paper. They are responsible to maintain this record.

In villages, gram panchayat or the local court is there for application.

How to Get A Statement of No Marriage?

Now, let’s follow the steps that help in applying for this no marriage certificate.

  1. The process starts with your visit to the local municipal corporation in your area. Or, it can be the office of sub-registrar.  So, you should discover the address in your district or tehsil in your city or ward or village. Or, the website of this authority can be there over the internet.
  2. Procure the application form and get ready with the documents to support your application.
  3. The checklist of these documents carries the following names:
  • Proof of identity (Aadhaar card, passport, voter ID, etc.)
  • Proof of address (Aadhaar card, utility bills, rent agreement, etc.)
  • Passport-size photographs
  • Affidavit stating your single/marital status
  • Any other documents specific to your local authority’s requirements
  1. Now that you have prepared every paper, move to filling in the application form. The website or the office of the aforementioned authority will be the right place to obtain this application for the Statement of No Marriage.
  2. Once you have, fill in the information accurately that is requisite. Incomplete details may lead to its rejection. So, ensure that it is completely filled. In case, you don’t have confidence to fill it accurately, request for a support from an experienced NRI consultant as Services2NRI. We will guide you throughout the process.
  3. As it’s done, submit your application. Don’t forget to enclose the supporting documents. Their absence can put your application on the waiting list. So, cross-check before pressing the submit button or forwarding the application to the office physically.
  4. The designated officer will examine and verify if your documents are all there and aligned as per instructions.

Verification Process
Verification is associated with the authentication or validity check of enclosed papers. The sub-registrar will examine them. And sometimes, he/ she may conduct an investigation in-person before approving your request. The officer may ask your neighbours to discover the truth.

Pay Out the Applicable Fee
This is a payable service. However, the associated fee is minimal. You will see variation in the fee structure. The state and government regulations can lead to its revision. So,  pay the fee accordingly and don’t skip collecting the receipt.

Processing Ends Process

Like fees, the processing time may be changed per state or location when you change the state or territory. In a few cases where every paper is in place correctly, they may receive the certificate on the very same day. But many times, it’s a weeks-long process. So, you’re expected to hold your breath for the stipulated time.

Collect the Certificate
As your application is approved, rush to collect the statement of no marriage certificate from the office. You will receive the message on your registered phone number or email ID.

Once you have it, check if it shows all details correctly.

Legalization

The process of attestation or apostilling can be compulsory if the applicant is an NRI and requires it for marriage abroad. They can explore the websites www.mea.gov.in (Ministry of External Affairs, Government of India) or  www.india.gov.in (National Portal of India). These websites can help you to follow the right way of this application and attestation.

Conclusion

Getting a Statement of No Marriage in India can be difficult because there is no specific agency or office to provide it. You may have to visit the SDM or municipal corporate office for filling the application form and following the verification process. The aforementioned steps and fee structure can make your application successful. You may apply for it online. Explore the local municipal corporate website for this purpose.

 

 

 

 

 

 

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NRI Investment Services to Help NRIs Maximize Their Wealth

NRI Investment Services to Help NRIs Maximize Their Wealth

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Over 2.5 million Indians pack their bags to shift in the US, UK, Australia, Canada, and other countries. Although it may not be a permanent shifting, the fact is that they don’t live here. A majority of NRIs from Indian Diaspora believes that their home country has an edge when it comes to investing their hard-earned money.

The reason for this is the good return on investment that other countries do not provide. Technically, it’s the fact that NRIs include Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCIs). These natives are not covered under the taxpayers’ community in India as per the Income Tax Act, 1961.

A Goldman Sash survey conveys that net inward remittance to India is going to be $104 billion in the calendar year 2023, which is way more than the previously projected $92 billion. This bullish trend is all because of favourable NRI investment conditions in India.

The survey conducted by SBNRI, an NRI-focused FinTech platform, encompassed NRIs from the United States, Singapore, the United Kingdom, Australia, and other countries.

There are some more soothing findings complementing it, which conveyed that 53 percent of Indian expats from Singapore are fond of investing in India because of better returns on investment than any other country.

A total of 35 percent expats of Indian origin in the UK also feel the same. Likewise, 65 percent of US-based non-residents of India love to send their money back to India for saving and investment.

NRI Investment Services

Here are some most popular services that NRIs can opt in for increasing their wealth.

  1. Diverse Investment Options

A huge range of NRI investment services is there, which includes various investment avenues. These can be equities or a part of ownership in a company, fixed deposits, mutual funds, real estate, and more. In all, Indian diaspora has diverse options to create an investment portfolio that resonates with their financial goals.

  1. Expert Guidance

Sometimes, NRIs struggle to finalize the choice for parking their money for wealth creation or expansion. Here comes an expert guide in a key role. He or she should be a certified or highly qualified in this domain. Such professionals with years of hands-on experience can guide you to understand the possibilities. And their recommendations are typically based on the insights into Indian and global market. You can consult with such professionals to make informed decisions regarding where to invest in and navigate the challenges because of complex financial regulations.

  1. Seamless Transactions

With a professional’s support, non-residents can discover the simplest process of buying, selling, and managing investments. Also, the expert NRI consultant proves an asset when you don’t know how to monitor your portfolios and execute transactions from anywhere you like to do in the world.

  1. Taxation and Compliance

Complying with regulation is a big challenge in both, India and the country of residence. Indian expats can hire an investment consultant to come across changes or revision in the compliance and tax regulations in India or the country of their residence. This is how beneficiary NRIs can optimize tax liabilities while being stuck to Foreign Exchange Management Act (FEMA).

  1. Currency Management

Inward remittance refers to receiving currency from a residential bank or overseas sources. In the latter case, the conversion of currency should be professionally done. This step will help in effectively managing risks or challenges associated with the currency.

  1. Alternatives to Maximize Wealth

Like natives, expats are also able to access golden opportunities for enhancing their wealth. The NRI investment services provider can introduce you to the following alternatives:

  • Range of Investment Option

Non-residents have multiple alternatives to generate and maximize wealth. These can be mutual funds, stocks, initial public offerings (IPOs), bonds, and real estate or property. A consultant can show you the best way to come across big and small hurdles in the way. And finally, you would have high returns on your investment.

  • Invest in Equity

India has startups that often require capital for their operations and expansion. NRIs can appear as angel investors and trade in their equity in return for capital. The Portfolio Investment Scheme (PIS) of the Reserve Bank of India (RBI) allows such investment in equity to promote domestic entrepreneurship. For this, they should have either a non-resident external (NRO) or non-resident ordinary account (NRO).

In addition, they have mutual funds to invest into, which are the subject of market risks. The most appeasing thing with this alternative is that there is no cap or limit of amount to spend in mutual funds. If you are considerate about the minimum ticket size for category-I angel funds, it’s INR 25 Lakhs.

  • Low Currency Risks

The currency value may go up or down because of several factors. This fluctuation can be threatening, which is clearly a risk.

Experienced consultants can help you to mitigate this risk by investing in Indian funds. You may invest in your home currency or whichever is low in value.  In all, this is an excellent method of optimizing currency and defeating challenges.

Conclusion

An experienced NRI investment services provider can help NRIs to find the best way to maximizing wealth by investing in India. Such specialists serve in many ways, which range from introducing them to a range of investment options in India to guiding them for becoming angel investors. The options are many, which bring opportunities to increase wealth, no matter where you live.

 

 

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