Yes, NRI can now invest in NPS or National Pension Scheme in India . Recently, on July 2015, PFRDA, the Pension regular has clarified that Non Resident Indians (NRIs) can invest in National Pension Scheme (NPS) to save for their retirement and get a social security cover. Earlier, there was some confusion whether NRIs are allowed to put money on NPS or not, but given that NRIs are allowed to invest in mutual fund and insurance , RBI and PFRDA give clarification that NPS is also an eligible investment for NRIs. Read more »