Why nri should invest in india

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Honouring Exemplary Boards. Deep Dive Into Cryptocurrency. ET Markets Conclave — Cryptocurrency. Reshape Tomorrow Tomorrow is different. Let's reshape it today. At present, it ranks at 6th position across the globe as per the gross domestic product.

So, this signifies that investing in India could be a great option for the NRIs. An economy with more than crores of people holds immense opportunity in terms of investment returns in most sectors. It is now at the sixth position worldwide. The GDP forecast for the next five years suggests the economy would grow at a pace of around 6. The stability in the economy reduces the risk of investment on the other hand. At present, India is having a stable government at the centre as well.

So, politically the economy is also in a stable state which, in turn, reduces the volatility in the financial market. ET Secure IT. Rate Story. Font Size Abc Small. Abc Medium. Abc Large. First-generation Indian migrants are far more likely to return to India annually to visit family, friends, or relatives, attend family events, or travel across the country. During these short trips, they have been known to squeeze in their financial appointments for India-based investment decisions.

This hasty process usually leads to critical investment decisions being pushed aside or delegated to relatives or friends, which ultimately leads to financial pitfalls. In our experience with NRIs, some of the usual pitfalls they are known to fall into and must consciously try to avoid are as follows: Investing as a resident. Disclaimer: The opinions expressed in this column are that of the writer.

The facts and opinions expressed here do not reflect the views of www. It yields a higher rate of interest than bank deposits and the maturity period ranges from 7 days to 1 year.

Best suited for investors with short term financial goals. A great option in real estate that senior NRIs are investing in nowadays are luxurious retirement homes, a concept gaining momentum in India. It serves both as a long term investment and residence in the twilight years. A survey conducted by Moneycontrol. Builders are tapping into the niche market of senior living homes that cater to the needs of senior citizens and offering them homes accompanied with all luxurious amenities.

The number of senior citizens in India is likely to be doubled by the year source: Economictimes. This statistic alone calls for a large retirement home market which can reap rich dividends for both domestic as well as NRI investors. It is filled with enriching activities, contemporaries to share memories with and uber class ageing related facilities like tie-ups with medical establishments, meeting food and nutritional needs and an infrastructural design that suits senior citizens.

It is a personal space which one can decorate and beautify in their own unique style. Residents can host their family and spend as much quality time with them as they want. Reports suggest that demand for retirement units has exceeded 3 lac units. Options are available for every pocket with unit sizes varying from sq ft to sq ft. Luxury villas are also available for the uber rich costing 1 crore and above. Ashiana Housing is the pioneer in the retirement home market and has been awarded three times in a row for the same.

This gives NRI investors the option to choose their desired location and an opportunity to avail the facilities of the retirement home for personal use as well as for investment.

Does the senior living community provides the CCRC facility or not becomes the critical area. Amenities: The project should have many avenues for pursuit of hobbies and passions.