A non-resident individual, also known as a foreigner, is someone who does not reside in the country they are being taxed in and is not a citizen or national of that country. This individual may have to pay taxes in the country they are living and working in, but they are not considered a permanent resident. This distinction is important in the world of finance as it can affect an individual's tax obligations and financial planning strategies. Let's dive deeper into the concept of non-resident individuals and their impact on the world of finance.