You are not required to sell your holdings when your status changes from non-resident to resident or from resident to non-resident.
You just need to change the status of your Demat Account.
The Following modification is permitted in your existing Demat account :
|
Sr. No.
|
Change in Residential Status
|
Change permitted in Demat Account
|
|
1
|
Resident Indian to Non-Resident Indian
|
Existing resident Demat account can be converted to Non-Resident Demat Account Sub Type Non-Repatriable (NRO)
|
|
2
|
Non-Resident to Resident Indian
|
Exiting NRO Demat Account to Resident Demat Account
|
|
3
|
Non-Resident to Resident Indian
|
Existing NRE (Repatriable) Demat Account to Resident Demat Account
|
