Over 2.5 million Indians pack their bags to shift in the US, UK, Australia, Canada, and other countries. Although it may not be a permanent shifting, the fact is that they don’t live here. A majority of NRIs from Indian Diaspora believes that their home country has an edge when it comes to investing their hard-earned money.
Read MoreWealth Management Tips: Smart Strategies for NRIs
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 MoreNRI 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.
Read MoreHow 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.
Read MoreTips 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.
Read MoreHow 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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