I have $80k USD in savings.
I am thinking to buy NVTS at around $11 to $12 range or thinking of $ASTS / $AAOI / $POET / $MDA
VERY confused.
Can hold for one year. I am okay if my money doesn’t grow much but if If NVTS goes like $7 or $8 - I am done
Please help, and what would you honestly suggest.
I have saved this money for my education
I’m an Indian citizen currently living in Canada and I’m trying to open an NRI banking relationship mainly so I can place a 1 year FCNR(B) deposit in USD or CAD.
I applied through ICICI Bank’s assisted NRI account opening process and eventually got a callback.
During the call, the representative told me they cannot open my NRI account because my current Canadian work permit expires on 28 October 2026, so it has less than 90 days validity
remaining.
My situation is:
• Indian passport is valid for more than 2 years
• I currently live in Canada
• My Canadian work permit is still valid until 28 October 2026
• I also have a valid Canadian visitor visa / TRV in my passport
• I have PAN, Canadian address proof and all normal KYC documents
• I’m ready to fund the account from my own Canadian bank account
• My main requirement is simply a 1 year FCNR deposit in USD or CAD
What I don’t understand is whether this 90 day rule is actually an RBI/FEMA requirement or just ICICI’s internal policy.
The ICICI representative basically refused to proceed because of the remaining validity on my work permit.
Has anyone faced this before?
What should I do now?
Should I try escalating to ICICI’s NRI/compliance team?
Would visiting an ICICI branch in India and completing face to face KYC help?
Can another valid immigration document like my Canadian TRV be used along with my passport and work permit?
Or should I just move on and try another bank?
I’m also considering HDFC, IndusInd, Federal Bank, Axis, SBI and Standard Chartered, but I want the least complicated process possible and ideally no unnecessary NRE/NRO account if I can directly open FCNR.
Would really appreciate advice from anyone who has opened an NRI/FCNR account recently from Canada or dealt with a similar visa/work permit validity issue.
TL;DR: ICICI refused my NRI account application because my Canadian work permit has less than 90 days validity left, even though it is still valid and my passport has more than 2 years validity. What should I do next, and which bank is easiest for FCNR?
I have one question, lets answer it without stereotypes.
Do people in Canada, Indians as bad or anything?
I am 26 yo Indian Male, on dating app. With pure intent no hookup thing etc but not getting any matches. Just finding a life partner
I don’t smell, I respect Canadian Customs but lot of girls are also writing “No Indians in bio” as welll
We are anonymous lets be respectful please
Never understood, what have we done wrong or is it that I look not so good?