Are you an NRI who is making most of your investments during your short visits to India? Are you forced to take quick investment decisions because of the tight-packed agenda during those short visits? Remember, those quick investment decisions will have long-term commitments. Are these investments aligned with your actual financial goals? As a Non-Resident … Continue reading The Ultimate Guide for NRIs to choose a Certified Financial Planner
SIP is an acronym for Systematic Investment Plan. Metaphorically, SIP is just like a sip we take from a glass of water. Small intakes over a period help us in completing the drink comfortably. Investments through SIPs are somewhat similar. In SIP, you invest a particular small amount periodically to save money and achieve your … Continue reading Everything NRIs need to know about Mutual Fund SIP
All you wanted to know about the Guidelines for Purchase and sale of property by NRIs and repatriation of sale proceeds
It is not that complicated for Non-Resident Indians (NRI) to buy or sell immovable property in India and remittance of sale proceeds, but there are certain rules and regulations to be followed during such transactions. The Reserve Bank of India governs them and they fall under the purview of the Foreign Exchange Management Act (FEMA). … Continue reading All you wanted to know about the Guidelines for Purchase and sale of property by NRIs and repatriation of sale proceeds
Since the significant announcement by the Reserve Bank of India on May 7, 2012 many NRIs have expressed interest in transferring funds from the Non-Resident Ordinary Account (NRO) to Non-Resident External Account (NRE). The Reserve Bank of India (RBI) permitted NRO to NRE fund transfer subject to payment of applicable taxes within the overall ceiling … Continue reading Now You Can Transfer Funds from NRO to NRE a/c…!!!
Bad news: 99% of NRI investors are not with the right financial planner. Good news: You can choose a right financial planner now. Warning: Returning to India needs a well-thought out plan. Making any impulsive decision will have adverse effect. What would be the impact on you and your family members if personal finance things … Continue reading A Perfect Guide for Returning NRIs on Tax Implications