subject: Financial Investments For Nri [print this page] The NRI population of India is quite large and their remittance of earnings towards India is significant. In the current scenario, most affluent NRIs with significant disposable incomes are remitting money in droves. This is a wise decision as this window, can be taken good advantage of for a period of time. There are ample opportunities for NRI investments in India, and today all the financial institutions have a dedicated NRI desk that caters primarily for the investments of NRI clientele.
Earlier NRIs had a conservative perception that investing in real estate would be beneficial, this belief is still largely held and whenever the rupee weakens a trend has been observed that see numerous NRIs investing in property and residential spaces in India. However with significant changes, now there are ample avenues and products available for investment.
NRIs today can invest in numerous Investment products right from Mutual Funds to Stocks, fixed deposits and debentures of companies. Even the Reserve Bank of India has identified the potential of the NRI population and has gone the extra mile in facilitating and easing government policies to encourage NRI investment & remittance towards India.
Today nri investors can invest amongst the five different asset classes in India. These primarily include bank deposits, stocks, mutual funds, real estate and insurance. Since the stock market is now bullish it the ideal time to invest in stocks for long term wealth creation, NRIs should be prudent and invest in prime stocks for long term wealth creation.
Apart from banks there are multiple financial institutions present today that also offer specialized services for the benefit of NRIs. There is stiff competition in this market, and today there are numerous players targeting the NRI audience with products suiting their investment needs. However NRI investors should still observe caution and invest only after careful research has been carried out on the product of investment. On a concluding note investment of any sort should be done only after careful research and planning, taking the advice of a reputed broker would surely merit the same for the investor in the long run.
Disclaimer:
1. Views as are mentioned in the article are personal views of Author and nothing to link with Co., its Director and Employees.
2. All investments are subject to market risk and you need to consult your financial advisor/consultant before investment
by: Brian Anthony
welcome to Insurances.net (https://www.insurances.net)
