Top News
news_img Not on Twitter, but Priyanka Gandhi she still sets it aflutter  ||   news_img Priyanka Gandhi: In her ‘social’ life, she shows both her chic and warm sides  ||   news_img Priyanka Gandhi: The other 'bhaiyya' to the rescue  ||   news_img Department of Labor accuses Oracle of $400 million in pay discrimination for women, minorities  ||   news_img Indiana Pacers star Victor Oladipo taken from court after suffering knee injury  ||   news_img How to pack a suitcase like a pro  ||   news_img Hartford holds New Hampshire to 39 points, wins by 35 points  ||   news_img Blood pressure medication recall over cancer risk expanded for more losartan drugs  ||   news_img One story from every state. Your daily 50-state roundup  ||   news_img Wilson, Army pull away in 2nd half, beat Holy Cross 76-57  ||   news_img Atlanta nightclub faces backlash over alleged sexual assault that was streamed on Facebook Live  ||   news_img Rory McIlroy is done answering questions about inability to close on Sunday  ||   news_img North Korea says Kim Jong Un ordered preparations for 2nd Trump meet  ||   news_img Samuelson, Collier lead No. 3 UConn women past SMU 79-39  ||   news_img Phoenix City Council OKs $230 million arena renovation plan  ||   news_img Police: Links sought between 4 Nevada killings, man in US illegally  ||   news_img Harden has NBA's 4th-longest streak of 30-point games  ||   news_img No hat logo for Halladay's Hall plaque; Mussina uncertain  ||   news_img Pacers All-Star Victor Oladipo suffers serious knee injury  ||   news_img To Hall of Famers, baseball has transformed at dizzying pace  ||            

Investment Opportunities in India for NRIs

04 Jan, 2017 by Admin / Category: NRI Investment

Financial planning for Non-Indian Resident needs to be done by keeping different aspects in mind. Informed investment decisions need to be made in order to get good opportunities. In regard to this, it is important to stay updated with the latest information related to investment. Have you ever seen specific details regarding investment opportunities in India on any NRI website? Anyways, the important part is to know all the essential things before making any decision to invest. 


The most important aspect before taking any step further is whether you classify as an NRI or not. Without fulfilling the needs of this aspect, there is no point to go ahead. Let’s understand this and other points, broadly:


1. Classification of Whether you are an NRI or not


The Income Tax Act classifies residency on two terms: ‘resident’ and ‘non-resident’. Further, a resident can be categorized as ‘Ordinarily Resident’ and ‘Non-ordinarily Resident’, which is applicable to residents. A person is a resident of India if, he/she fulfills the basic conditions under the act.


 2. Considering India as an Investment Decision 


After bearing a number of economic setbacks, many Indians serving in a foreign land are concerned about their job security and other sources of income. This had made them take a decision to invest in India by taking professional guidance. India is a shining star when compared to other developing countries. The government wants its NRIs to invest here in India to build the country’s growth. 


However, investing is any country is just the first step, other things such as tax applicable, investment amount, etc., must be considered. 


3. Options of Investment 


The investment opportunities for NRIs are similar to a lot extent. 


a) Direct Equity: NRIs can invest easily in equity markets. But, before investing, factors such as time horizon, risks and others must be kept in mind. Moreover, there is no limit to the investment amount in equity. 


b) Mutual Funds: Investing in mutual funds will be a safer option than opting for other types of investment. In fact, for an NRI, no specific approval is required. However, there are certain mutual funds that do not accept deposits from NRIs based in Canada and USA.


There are free advertising on websites for NRIs, regarding their business stability, but it doesn’t really work for mutual funds. 


If you are an American or Canadian NRI, make sure to check the fund house rules before investing to avoid locking of money. 


c) Real Estate: The most lucrative investment opportunity is the real estate. The benefit is that while you are living in a foreign land, you can easily give the apartment for rent. On the contrary, an NRI is not allowed to take a home loan, but they can certainly avail one for buying a property. 


4. Bank Accounts used


Before knowing everything about the bank accounts, it is important to consider that whether the amount in your account is obtained from the Indian source or repatriated from a foreign land. Based on the answer to such questions, you will decide whether to invest through Non-Resident External (NRE) account or Non-Resident Ordinary (NRO). 


NRO Account: If you are likely to transfer Indian earnings, use this account, and the interest income is subject to Indian taxable laws. You can even deposit foreign earnings in the account. 


NRE Account: In this, your funds are converted into rupees at the prevailing rate of the Indian currency. 


Investing in India is a good option, which offers impressive returns. If you want to invest, make sure to gather relevant information through different NRI websites or consultant a pro. Make your money counts!   




Submit your comment



About Us Terms & Conditions Disclaimer
Advertise Contact
register and win

NRIS.COM is one of the premier NRI website that provides a range of resourceful services to Indian expats residing in the USA. Visiting the site you will find comprehensive information related to restaurants, casinos, pubs, temples, carpool, movies, education, real estate, and forums. The simple and easy to navigate format allows NRIs to gain information within a fraction of a second. Moreover, advertising through its column of Indian free classifieds in USA allow businesses to improve visibility of their brand.

National NRI's Chat (0 Users Online)