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Relevance of NRI Planning |
With FCNR / NRE deposit rates hitting historic lows , the options of
the NRI in the riskless financial market have almost been nullified.
An appreciating Rupee against the Dollar has added to the woes.
No longer can a deposit in a FCNR / NRE deposit earn a currency
adjusted double digit rate of return. Conversely, negative returns
are the order of the day, if this strategy is followed. Hence,
the need to look beyond.
HOW CAN THE
NRI PARTICIPATE IN INDIA'S GROWTH STORY ?
By participating in
the success stories of the Indian Corporate Sector which is churning
out Indian MNCs today.
THE INVESTMENT
ROUTE FOR THE NRI
Based on your financial
goals, time horizon and risk appetite,an Investment Plan would
be set out.
If based in India, and classified as NRI due to reasons of employment,
investment is possible directly by the individual.
If based abroad
due to reasons of employment then there are two routes :
Direct
Investment Route
Investment
through close relatives e.g. parents, siblings etc.
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