Latest NRI Blog Articles

NRIs have numerous investment options in India. Align these investments with your financial goals, risk appetite, and investment horizon to grow your wealth while contributing to India's economic growth. Always seek professional advice to make informed decisions and maximize your investment benefits.

NRI Money+ provides a non-biased review of Niva Bupa Health Premia, a health insurance plan well suited for HNIs (high net-worth individuals) and NRIs.

We delve into various investment options available to NRIs, including real estate, stocks, mutual funds, and more. We provide expert insights to help you make informed decisions and maximize your returns. From the latest market trends to legal considerations, we leave no stone unturned.

NRIs are recommended to double-check their critical financial activities, such as income tax return (ITR) filing and PAN-Aadhaar linking, which must be completed by March 31, 2024.

Indian Passport Renewal in USA as a Non-Resident Indian (NRI) can be a simple process. Following the steps listed below guarantees a smooth experience. NRIs may find the passport renewal procedure easier to handle and more effective if they maintain organisation and preparedness.

Is investing in gold truly a prudent financial decision? The decision to invest in gold hinges on individual circumstances, risk appetite, and financial goals. While it has historically served as a store of value, its role in a modern investment portfolio should be analyzed thoughtfully.

NRI deposits and investments in India have increased. The amount of money going into FCNR (B) deposits, which are made specifically for NRIs, has more than doubled this year. This shows that these deposits are becoming really popular as a safe and secure way to invest.

Living abroad as a Non-Residential Indian (NRI) presents its unique set of financial challenges and opportunities. One critical aspect of managing your finances while living overseas is having the right bank account. For NRIs, NRE (Non-Residential External) and NRO (Non-Residential Ordinary) accounts are essential tools for financial management, investments, and repatriation of funds. In this […]

NRIs are required to convert their savings bank account in India to an NRO account (also called non-resident ordinary) to continue with their financial transactions in India after a change in their resident status.

Unlocking investment opportunities in India for NRIs is a dynamic and rewarding journey. Whether you opt for traditional investments like fixed deposits and mutual funds or explore NRI-specific options, careful planning is key. NRI Money Clinic, with its financial expertise, can guide you towards financial freedom.

Double Taxation Avoidance Agreements (DTAA) are established between two countries to prevent the taxation of the same income in both nations. However, specific documentation is required to claim this exemption. To avail of DTAA benefits, the taxpayer must submit Form 10F along with the obtained TRC to the income tax authorities.

We explore the impact of the new and old tax regimes on NRIs and provide essential tax planning tips to help navigate the complex landscape of taxation.

Money Transfer Service Scheme (MTSS) was established to facilitate the process of inward remittances to individuals in India. Here is an in-depth discussion of the Money Transfer Service Scheme.

As NRIs, it is our responsibility to protect and support our aging parents who may be vulnerable to elder abuse. By understanding the signs, implementing preventive measures, and fostering open communication, we can create a safer environment for our loved ones. This article explores the various aspects of elder abuse, and its impact on individuals and families, and provides actionable...

NRI Money Clinic is a dedicated platform where we discuss various investment cases and provide tailored strategies for NRIs. In this chapter, we will explore a case study of an NRI residing in London who is approaching his retirement age.

In the past few years, the price of gold has seen significant fluctuations due to economic factors such as inflation, interest rates, geopolitical tensions, and global pandemics. However, despite the recent volatility, gold remains a popular choice for investors. NRI Money Plus explored the changes in gold prices and what they mean for investors. We will also examine the benefits...

As the financial year draws to a close, it’s important for Non-Resident Indians (NRIs) to review their financial affairs and take necessary actions to avoid any penalties or losses. In India, NRIs are required to file their income tax returns (without late fees) by July 31st, but the earlier they file, the better. In this […]

If you are a NRI, when you plan to visit India next on a holiday or for some work, you may have so many things to attend to. NRI Money Plus list out 9 most important must-attend issues that you have to take care of when you visit India.

Hindenburg Research has been in recent news for reporting that Adani Group had been "manipulating the market and committing accounting fraud." Know all about Hindenburg Research in this article.

'How to Retire Early?' is a question many are asking themselves although retiring early is not a new concept but its popularity is increasing right now. Many have dreamt about early retirement but only a few achieve it with the required actions.

Indian property cycle has multi-year pent-up demand and is more dependent on pricing sentiments (now strengthening) instead of mortgage rates.

Even those with high earnings find it difficult to save enough money to meet all of their financial goals. Here we present a perspective to making investments to achieve deadlines and increase revenue.

Have you been affected by Non-Repatriable Amounts? These words have tormented many NRIs due to misguidance or sheer ignorance. If your money lands as non-repatriable you can't take this money to your resident country to enjoy it.

If you get an income tax notice, you could start to worry. Get to know such reasons in detail here and how to deal with Income Tax notice.

Recession is coming, but how to become recession proof. Find out how annuities can protect your retirement savings leading up to and during volatile times in our in-depth article.

The Indian rupee was the top-performing emerging Asian currency and India's economy grew by 13.5% in the April-June 2022 quarter. Let's take a look at some of the reasons why India is thriving even in the face of global recession.

Edelweiss Twin Win Nifty is an amazing structured product that 'guarantees' the higher of the two –  1. Whatever the Nifty returns over the tenure of investment 2. Fixed return (6 % p.a. ) in case Nifty falls This makes investing in Edelweiss Twin Win Nifty a win-win for all its investors.

The financial environment in India has substantially transformed since previous years. According to a survey by the India Brand Equity Foundation (IBEF), India is predicted to have the largest global private wealth market by 2028. Read more to get an understanding of where India stands financially, today.

There are various types of hybrid mutual funds with varying risk levels ranging from conservative to high and very high-risk profiles. Based on their asset allocation they can be equity-oriented, debt-oriented, balanced funds, Dynamic Asset Allocation or Balanced Advantage Fund, or even multi-asset allocation funds.

According to a Reuters report, foreign investors have come back to the Indian stock markets. According to stock market data, foreign investors have now invested $6.4 billion into Indian equities since the beginning of July 2022.

Similarly to the political freedom that we celebrate every August 15th; declaring our own financial independence is the first step in achieving it. Here's how to declare your own financial Independence Day and win it.

The forties are an important part of everyone’s life. Making a decision about investing in your 40s can be quite crucial. It might seem like the age of retirement for some but it is also considered critical and opportunistic for many others. Investing at every stage of life is very important. One must give very […]

Structured Products have proven to be a valuable addition to conventionally diversified portfolios by providing investors with individualised access to previously inaccessible asset classes. Here is a short guide to get you started with investing in Structured Products.

Balanced Advantage Funds works on the principle of Dynamic Asset Allocation i.e. they actively manage and invest in the blend of equity and debt based on the market movements. This article provides a complete overview on Balanced Advantage Funds.

If you are an NRI, then buying the best term insurance plan in India is a lot cheaper than buying it from the country you are working/residing in. So why not buy the Best Term Insurance Plan and still save money? Table of Content Why Should You Buy Term Insurance? Term insurance is a necessity […]

If you don't have a reliable source of income you can consider enrolling in an Annuity Plan. Whereas the interest rates keep fluctuating, the greatest advantage of an annuity is locking within the rates for a lifetime.

When it comes to returns, mutual funds are much better for the long term and can deliver decent returns. ULIPs on other hand are insurance policies and investment options with decent returns.

Low-risk investments are investments that are essentially safer than their correlatives. Low risk investments are better suited for short-term goals and investments or for your emergency needs. Here are some of the Best Low Risk Investment Options for you.

Inflation is defined as the rate at which the value of a currency is falling and as an outcome, the prices of goods and services are increasing, in other words, things cost more and your money becomes less valuable, making you want to change your strategy of handling the finances and protect the value of […]

Retirement planning is a very individualistic thing and unique, everyone has different goals, where they want to retire, what lifestyle will they adopt, and accordingly what retirement plan is preferred?

Financial planning is more important for women than men because of the numerous stages of life and experiences that women go through. Here we help women think about why they need financial planning.

For NRI investors, the Finance Minister of India emphasised that this is the right time to invest in India and the government has taken up reforms and measures in front of the FDI policy reforms. NRI Money Plus gives the details.

With the new rules for NRIs remittance, resident Indians will be able to get more money from their NRIs living abroad without having to tell the government.

Long-term investments are any securities which are held for several years. Here we discuss the logic behind keeping invested for a longer period and the benefits of doing so.

RBI has made big changes to the rules for FD. If you are also thinking about investing in a fixed deposit, you should know about this. RBI has changed how FD works. If you don’t know about these rules, you might have to bear the loss. After this change, if you don’t claim your FD […]

How do you want to retire? Have you planned to the things that you would like to after your retirement from work? When do you think you will be ready to retire?    

The FOMC's decision about rates today is unlikely to change RBI's thinking in the near future. But, if the FOMC raises rates by another 75 basis points at its July meeting, the chances of a 50 basis point increase at the August MPC meeting will go up, in our opinion.

It's best to start saving for retirement income, as soon as possible. To make sure your investments are well-balanced, you need to plan carefully. You can make your money work for you, but it will take some planning and forethought. Here are 7 tips for retirement income.

Retirement is often the most lonely time of a person's life. It is a time when people suddenly feel like they don't belong and are useless.

Financial Planning that follows a properly defined and documented process will give the greatest chance of a successful outcome. It will provide an opportunity to pursue both and requires proper analysis, discipline and expertise.

While investing in assets or spending in Indian currency in a foreign country may become more expensive, there are opportunities for an NRI to profit from. If you are an NRI investing in your home country of India, the devaluation in the Indian currency means that every dollar you repatriate home is worth a lot more.

If you're an NRI looking to purchase a protection or term insurance plan, India has a variety of possibilities. In reality, as compared to other nations, term plans in India are far less expensive.

Spoiler Alert – You should have at least ₹ 2.25 Crores if you want to retire in India. To know why and how read further. There are many decisions you need to make when you retire as a non-resident Indian (NRI). If you want this dream to come true, it is important that you think […]

Slideshow by NRI Money+ that provides an Investment Guide for NRIs in 2022, guiding them how and where to invest.

Tenants who pay rent above the threshold limit must be extra cautious about TDS on rent. If you are an NRI, know what your tenant is liable for and what the deductions to the rest you receive would be.

Update Your KYC To comply with the RBI’s Know Your Client (“KYC”) standards, banks must update customer identification documents in their account holders’ databases on a regular basis. NRI Customers must undergo Re-KYC and submit applicable documentation in respect of all holders, all of which must be self-attested: List of documents Identity proof: Valid passport […]

Navigating the crowded market of financial planners is no easy task. That's where NRI Money Clinic steps in to assist you. With our services, you can evaluate your fund portfolio and receive expert financial opinions and advice to make informed investment decisions.

NRI Investment in India Guide for NRIs in US. Why an NRI Should Invest in India? What are your alternatives for making an NRI investment in India? We discuss in details.

While giving the property in India on rent, NRIs need to carefully plan the agreement and taxes, so as to not end on the wrong side. We have carefully compiled the information NRIs need while renting out their India property.

It is critical to consider a country’s economic stability when NRIs invest in India. India has one of the world’s fastest-growing and most stable economies, lowering investment risk even during market volatility. We explain all the reasons for NRIs to invest in India.

NRI Retirement Planning – Time is Money. Retirement simply means that you have dedicated close to 30 to 40 years to your work. Are you NRIs who want to know how to retire rich? Here is a guide about NRI Retirement Planning.

It’s difficult to plan a steady investment for growth because NRIs always have a large emergency fund rather than a savings fund because everything is an emergency for an NRI. Here we explain how NRIs can save to retire early in life.