For Non Resident Indians (NRIs), the foremost step that they must take after moving abroad is to choose between an NRE (Non-Resident External) and an NRO (Non-Resident Ordinary) accounts. Although both of these accounts are specifically designed for NRIs, their purpose and flexibility will differ. https://wealthmunshi.com/what-is-the-difference-between-nro-and-nre-accounts-for-nris/