Category: NRI
A good credit card for NRIs based out of US who fly overseas frequently
in NRI
Before getting into the content of the post, let me very briefly state my personal plans for blogging, and the rationale behind those plans. I gave up on blogging a few years ago because I was outside India for a very long time, and found myself out of touch with the Indian markets, and found
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What are NRI Bonds?
in Investments, NRI
The Rupee has fallen significantly this year, and with Friday’s Current Account Deficit data release – it tumbled to a new low of 72.63 to a dollar today. There are reports of the government thinking about issuing NRI bonds to help with this depreciation and it seems like the government will be forced into action
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Does it make sense to invest in a 401k for a short term?
in NRI
Mohit left the following comment on the Suggest a Topic page recently: Mohit Agrawal March 18, 2015 at 8:13 pm [edit] Hi, I would love to know your views on investing in 401(k) in USA if a NRI plans to remain in USA short term like 5-7 years. Is it still worth it? Because the
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Investment options for NRIs in USA
in NRI
Nritk left the following comment on the Suggest a Topic page a few days ago. NRITK March 8, 2015 at 5:21 pm [edit] Hi manshu, Lot has been written and discussed for resident Indians but very less is been discussed about the Investment options for NRIs in and outside India. There is adequate information is
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How to transfer money from overseas to a NRE account?
in NRI
John sent in the following email yesterday, and I thought this was a good topic for a post. Hi Manshu, I have opened NRE account but still not clear on transfer of money to NRE. If i want to transfer money to NRE account from overseas, will it transfer in foreign currency or it first
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Should NRIs bother to invest in India?
in NRI
Chauhan left the following comment on the Suggest a Topic page recently. Chauhan March 17, 2014 at 1:26 pm [edit] I’m keen that we somehow start a theme that compares keeping your money abroad (in say USD, GBP or SGD etc) vs sending it to India for investment purposes. Which is to say, how do foreign currency
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How to prepare for parents coming from India to USA?
in NRI
I’ve often seen that when your parents first decide to vist you in the USA – a lot of time and energy goes into preparing for the visa, but once that is done, you don’t prepare as much for what they are going to do when they reach the country. As a result, parents get
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Can NRIs invest in the Indian stock market?
in NRI
NRIs (Non Resident Indians) are allowed to invest in the Indian stock market and while I’ve felt the paperwork and the methods are a little cumbersome to do so, there are many NRIs who regularly invest in the Indian stock market and I’m sure like most other things, once you overcome the initial setup hassles
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Can Indians on a visa buy stocks in US?
in NRI
I get this question from time to time, but I never did a post on this because there is a lot of conflicting information about who can do what with respect to the different visa types out there. I hope to start a discussion with the information I have and then hope that people will
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How can NRIs receive rental income on Indian property?
in NRI
A few days ago Raj left the following comment: Raj October 1, 2012 at 8:10 pm [edit] Hi Manshu, Came across your website while trying to do some research and I was wondering if I could trouble you for some advice I currently live in the UK and the father lives in India and looks
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Are NRE FDs better than FMPs for NRIs?
in NRI
In a prior post I compared FMPs (Fixed Maturity Plans) with bank fixed deposits, and said that if you are in the higher tax bracket, the tax advantage of FMPs tilt the balance in their favor somewhat (if you can live with the uncertainty). That’s true for domestic investors but what about NRIs? Allwyn left
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Best Bank NRE Interest Rates
in NRI
RBI liberalized the NRE interest rates last month, and allowed banks to set their own interest rates like they did for the savings bank account interest rates. Prior to this, it made no sense to open a NRE account for the interest rate because you got a lot higher rate in the NRO account even
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