Thousands of NRIs shift to various countries every year. In the United States alone, more than one million visa applications from Indians are processed. Despite immigration, many non-residents of India (NRIs) are there who have income sourced in India. Even, many of them go there with a dream to come back here again after retirement. So, continue to lookout for the best opportunities, especially the investment plans in India. This is a vital step for managing their finances, no matter where you go and live.
Read MoreAuthor: Manoj Sodhani
NRI PAN Card: A Comprehensive Guide
A PAN or Permanent Account Number is a unique 10-digit alphanumeric number that identifies taxpayers. Every citizen and non-resident of India can apply for it.
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How Can NRIs Manage Their Wealth?
Wealth management is a practice of strategic planning. Oftentimes, it involves professional guidance to manage and grow one’s financial assets consistently and effectively. In case of NRIs (Non-Resident Indians), managing wealth becomes crucial. They often have property and capital income that require specific considerations. Their unique financial circumstances make it necessary to hire an expert wealth management consultant like S2NRI. With this support, they can save and consistently grow their income.
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Tips and Benefits of Hiring a POA for Property Monitoring
Non-Resident Indians (NRIs) temporarily shift abroad. But, their belongings are left behind in the very place where they leave from. They still hold their ownership, but challenges turn more than ever. The most precious fixed asset is the property that requires proper monitoring.
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How Can a Non-Resident Start a Business in India?
In 2022, RCI registered an overwhelming growth in inward gross remittances, which surpassed an all-time high of $107.5 billion. It’s a positive sign for non-residents who are likely to start a business here.
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How Can a Real-Estate Agent Help to Manage, Buy, or Sell Property?
A real estate agent plays a significant role that proves exponential in managing properties for their owners. This crucial role involves marketing, tenant screening, drafting lease agreements, and property maintenance. Doing these things is like a nightmare. Besides, you should be acknowledged about the legal matters, law, updates taking place in them, and expertise in managing a property. That’s why people, especially non-residents of India (NRIs), should consider hiring a property manager or consultant.
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How Are NRIs Helping Indian Economy?
NRIs are people who used to live in India but now live in other countries. They help India by sending money back to their families, which in return strengthen the Indian economy. This money increases the foreign currency and makes sure the economy is stable. In the year 2022, NRIs sent a lot of money back to India, which was more than what the World Bank expected.
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