Neutral impactEconomy
Moving to US: Can Indians continue their PPF and NPS Tier II investments? Tax expert explains
Mint 1 hr ago·15 Sept 2026, 10:07 am
Moving to the US changes your tax residency status, which can impact your ability to manage certain Indian investments. While the Public Provident Fund (PPF) is generally closed to Non-Resident Indians (NRIs), the National Pension System (NPS) Tier II account remains open. However, to continue investing, you must update your KYC details with your new US address and complete the necessary formality to officially become an NRI with the provider. This administrative step is crucial to avoid penalties or the freezing of your account.
For investors, this distinction matters because it determines your ability to contribute new funds. While you can continue to hold and withdraw from your existing NPS Tier II balance, you cannot make fresh contributions. It is also important to note that the tax treatment of these accounts remains governed by Indian laws, even if you are living abroad. Investors should review their portfolios to ensure their accounts are correctly classified to avoid any operational issues with withdrawals or transfers.
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