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of <h1>Indian residents can purchase foreign securities using RFC accounts or acquire bonus shares under FEMA Regulation 4</h1> Regulation 4 of FEMA permits Indian residents to purchase foreign securities using funds from Resident Foreign Currency accounts, acquire bonus shares on existing foreign securities, or purchase securities using foreign currency resources outside India if not permanently resident. Non-permanent residents are defined as those in India for employment of specified duration or specific assignments not exceeding three years. Residents may sell foreign securities acquired through these permitted methods.
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