If you plan to go abroad for an uncertain period, you are eligible to re-designate your accounts as Non-resident Ordinary (NRO) accounts
After working for 37 years in West Asia, I returned to India in November 2016. Though I was planning to go back within 6 months, I have put that plan on hold for now. So I have to change my residential status from NRI to RNRO for the next 2 years, and subsequently to ‘resident’ for income-tax purposes, to manage my NRE fixed deposits and FCNR fixed deposits. Also, my children are permanent residents (green card holders) in the US and will be eligible for citizenship in 2021. After that, I will be applying for permanent residency in the US and migrating there. In that scenario, can I again change the status of my accounts?