Latest News for NRIs in Canada

This page is a dated log of specific regulatory developments already reflected in this platform's guides for Canada, not a real-time news feed. Each item links to the full guide covering it.

Canada-Specific Developments

• Canada joins the Hague Apostille Convention (January 2024)

  Canada became a party to the 1961 Hague Apostille Convention, so a Power of Attorney notarized in Canada can now be authenticated with a single apostille rather than the older consular legalization chain.

  Power of Attorney for NRIs in Canada

India-Side Developments Affecting NRIs in Canada

• Citizenship (Amendment) Rules, 2026 (2026)

  India notified amended Citizenship Rules that moved OCI applications fully online, introduced an e-OCI option, and clarified that a minor cannot hold both an Indian passport and a foreign passport at the same time.

  Immigration for NRIs
• Companies Act, 2013 -- resident-director requirement (Standing rule)

  An Indian private limited company needs at least one director who is a resident of India for a specified minimum number of days in the preceding year -- an NRI founder typically brings in an India-based co-director to satisfy this.

  Business for NRIs
• FEMA repatriation limit -- USD 1 million per financial year (Standing rule)

  Sale proceeds and other eligible balances in an NRO account can be repatriated abroad up to USD 1 million (or equivalent) per financial year, subject to Form 15CA/15CB certification by the authorized dealer bank.

  Compliance for NRIs