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India has shown potential to grow exponentially. Now, the non-resident diaspora is also turning its head towards this country. It’s just because of the leverages and tax benefits on the NRI investment services in India. If you look at the country’s fiscal policy, this community, including OCIs (Overseas Citizens of India) and PIOs (Persons of Indian Origin), can delve into the non-repatriable investment. It offers an amazing opportunity to save millions of currencies.
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How to Choose a Bank for NRI Investment?
An investor always loves to choose the bank that offers more rate of interest on deposits. It implies higher interest rate always attracts more investors. Non-residents of India (NRIs) are no bar from such intensions.
Read MoreComplete List of Documents for NRI Property Purchase
NRI Property purchase requires thorough study of what documents they need to have. Dealing in property is a complex procedure but a little bit of advance knowledge can save the migrants from becoming prey to fraud. However, NRIs prefer to deal in land, villas or commercial property in cash or they have an option of opting loan.
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