India has always been a favourite investment hub for NRIs simply because there are plenty of attractive options here. In the past few decades, NRI investments have increased. This is because globally, India is seen as an emerging economic power and has assumed the role of an important player on the world platform. Since it is an economically sound nation, investing in Indian businesses is seen as a profitable option for NRIs today who see returns higher than ever.
Here are some reasons why India is an attractive investment hub for you as an NRI:
- India?s booming economy
NRIs are drawn by India?s economy which is growing at a fast rate. The country?s annual GDP expanded 7.55% in 2015-16 and the World Bank has predicted a growth at 7.7% in 2017. Consumer spending has grown over the years. Volatile markets and competitive prices have forced consumers to stop hoarding money in banks and go out there and spend it instead. This urge to splurge has translated into good corporate performance. India?s consumption economy is making it a great place for foreign investment too. - Weak currency
The Indian rupee has been falling for some time now and is frequently subject to volatility on the back of global instability. Whenever it depreciates, you benefit as an NRI because you get more rupees against your foreign currency. This also means you invest less and get back more. - Equity market returns
Investor participation in the stock markets is on the rise, thanks to increasing financial literacy and reach of mutual funds. Equities are a great way to benefit from the future growth of Indian companies. Market analysts expect Indian stock market to rise by manifold levels by 2020, on the back of good corporate earnings as consumption demand grows. - RBI?s generosity in permitting remittances
RBI has been favourable towards NRIs, allowing returns on investments to be repatriated easily. You are allowed to remit up to USD 1 million each financial year from an NRO account while NRE assets can be fully repatriated. - Easy taxation for NRIs
India?s tax laws favour NRIs too because India has Double Tax Avoidance Agreements (DTAA) with many countries, including the UAE and USA. - Future of India
The Indian Republic is considered as one of the possible emerging superpowers across the world. The demographic trends and rapidly expanding economy are the major indicators of the developing nation. India’s domestic consumption, which is primarily led by the private sector, has played a significant role in the growth of the country and is expected to remain firm in the future.
Join Us for a Reason
No matter whether you stay in India or abroad, the Indian economy always welcomes you to put your hard-earned money and create wealth out of it. You must grab the best investment opportunities with Ez Wealth, which is dedicated to serving you as per your expectation.
- Result-Oriented Advice
The experts at Ez Wealth will immediately be available to you once you join us. We allot an individual advisor to every client to help them get their solutions instantly and assist them in buying the best mutual funds as per their requirements and financial goals. - Goal-Based Investments
Distance doesn?t matter; you can achieve your financial goals from wherever you are. Indian mutual funds provide an opportunity for the NRI investors to invest and accomplish their financial dreams. We have designed the goal-based investment portfolios for the investors to help them choose the appropriate plan with more convenience. - Portfolio Designing
The fund analysts at Ez Wealth are focused on making customised portfolios for the investors to help them achieve their investment objectives as per their financial status. We make sure that your investment in your own country will be proved fruitful for your financial future. - Reviewing Portfolio
We make sure to manage that your goals are accomplishing with growing investments, by analysing them from time to time. You too can keep a regular watch on your investments and take prompt assistance from our investment advisors for making modifications if required. - Asset Allocation
We know you have some different investment objectives depending on your risk appetite, time frame, and assets, and we are here to make the best use of them. We help you to allot your hard-earned monies in the most productive investment avenues out of equity and debt to let your dreams come true with the growing Indian economy.
Smart Investments in India for NRI Investors!
A smart way of investing in the Indian Mutual Fund industry is right here. You can initiate your investments in India by creating a free-for-life investment account at Ez Wealth, which allows you to take the benefit of the best investment solutions for making your financial future secure with mutual funds.
Steps to Get Started
- Create Your Account
It is simply an easy process to get started with your investment in India. The NRI investors are allowed to invest in India on repatriable as well as the non-repatriable basis. You need to create your Ez Wealth account by providing your necessary details as required, along with the scanned copies of the documents requested according to your tax and residential status. - KYC Compliance Status
For every mutual fund investor whether resident or non-resident, it is mandatory to become a KYC compliant as per the Prevention of Money Laundering Act. NRIs are also required to proceed their KYC using their overseas address to proceed in their investments successfully. - Documentation
The NRI investors need to submit relevant documents to start investing in India with Ez Wealth. They include:
1. An Indian Passport or OCI/PIO Card
2. A PAN Card
3. An Overseas Address Proof
4. An NRE or NRO Account Bank Statement
5. Funds Remittance Certificate
You are required to download the documents from your profile, attach copies of the documents mentioned above and send them to our address for further processing. - Ready to Invest!
Once you are done with all the requirements, you are set to proceed for your investments. You can select any of the recommended funds or make a choice of your own from the list of all mutual funds to start investing via SIP or lump sum.
Being a KYC Compliant has Become Easier!
SEBI Guidelines and the Prevention of Money Laundering Act (2002), have made it mandatory for every mutual fund investor to become a KYC compliant prior to investing. It entails, verification of identity and address, financial status, occupation, and other personal information.
Steps to Become a KYC Compliant
There are certain steps required to be followed in order to fulfil the KYC formalities of an NRI investor.
- File the KYC form duly filled.
- Recent Photograph
- A self-attested copy of PAN card or your Passport as identity proof.
- A self-attested copy of the overseas address (Passport or Bank Statement of NRE/NRO account or PIO card).
- A copy of the Indian address proof.
- A bank statement of overseas bank account.
- A funds remittance certificate from the bank overseas.
After the documents have been submitted it will take some time to verify the documents and then the client will be KYC registered.
11.What is the process of NRI Investment?
Smart Investments in India for NRI Investors!
A smart way of investing in the Indian Mutual Fund industry is right here. You can initiate your investments in India by creating a free-for-life investment account at Ez Wealth, which allows you to take the benefit of the best investment solutions for making your financial future secure with mutual funds.
Steps to Get Started
- Create Your Account
It is simply an easy process to get started with your investment in India. The NRI investors are allowed to invest in India on repatriable as well as the non-repatriable basis. You need to create your Ez Wealth account by providing your necessary details as required, along with the scanned copies of the documents requested according to your tax and residential status. - KYC Compliance Status
For every mutual fund investor whether resident or non-resident, it is mandatory to become a KYC compliant as per the Prevention of Money Laundering Act. NRIs are also required to proceed their KYC using their overseas address to proceed in their investments successfully. - Documentation
The NRI investors need to submit relevant documents to start investing in India with Ez Wealth. They include:
1. An Indian Passport or OCI/PIO Card
2. A PAN Card
3. An Overseas Address Proof
4. An NRE or NRO Account Bank Statement
5. Funds Remittance Certificate
You are required to download the documents from your profile, attach copies of the documents mentioned above and send them to our address for further processing. - Ready to Invest!
Once you are done with all the requirements, you are set to proceed for your investments. You can select any of the recommended funds or make a choice of your own from the list of all mutual funds to start investing via SIP or lump sum.
Your Security is a Priority for Us!
To ensure your data and personal information security, we adhere to the Information Technology Act, 2000 and follow the best industry norms which include:
- 256-Bit Data Encryption
- Security of Third Party Access
- Money Transfer Safety
Compliance Management
Our compliance department adheres to law and order and remains updated with the new policies or reforms to make the changes accordingly. We have a committed team of officers who deal with the grievances of the clients to sort out their concern.
Customer Grievance & Redressal
For Investor queries and complaint (if any), please contact:
You must have the necessary documentation ready for submission to avoid the last-minute rush for your investments. Being an NRI investor, you must have the following documents available to you:
- An Indian Passport or OCI/PIO Card
- A PAN Card
- An Overseas Address Proof
- An NRE or NRO Account Bank Statement
- Funds Remittance Certificate
The dividends of each and every scheme are tax free for the NRI clients. While long-term capital gains (equity) are tax-free, whereas for short term capital gains (equity) 15% tax has to be paid. On the other gains, the NRI clients have to pay tax which is 20% with indexation and 10% without indexation.
The applicable rates are mentioned below to help you compute your tax liability for making an investment in India:
Investment Type | Tax Rate for NRIs | TDS |
---|---|---|
Long-Term Capital Gain on Equity-Oriented (Units held for more than 12 months) | NIL | NIL |
Short-Term Capital Gain on Equity-Oriented (Units held for less than or equal to 12 months) | 15% + 15% Surcharge + 3% Cess =17.7675% | 17.7675 |
Long-Term Capital Gains on Other Than Equity-Oriented Schemes (Listed Units held for more than 36 months) | 20% with indexation + 15% Surcharge + 3% Cess =23.690% | 23.690% |
Long-Term Capital Gains on Other Than Equity-Oriented Schemes (Unlisted Units, held for more than 36 months) | 10% without indexation + 15% Surcharge + 3% Cess = 11.845% | 11.845% |
Short-Term Capital Gains on Other Than(Listed or Unlisted Units held for less than 36 months) | 30%^ + 15% Surcharge + 3% Cess = 35.5350% | 35.5350% |
Note: Surcharge of 15% is applicable on those NRIs whose Income is above Rs.1,00,00,000.