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NRIs- critical components of foreign investment in India

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Tybros | 20 Nov 2015, 05:50 AM Agree 0
Non- Resident Indians are essentially Indians who live out of India but are Indian citizens. There could be several purposes of migration like education, employment, residence or other reasons.
NRIs generally look for investment in India as it is a growing economy and generate huge benefits for the investors. Foreign investment is like lifeline to the Indian economy as it not only increases the foreign reserves but increases the flow of money which helps our country to move to its ambition of being a developed economy. We have natural resources in abundance but not enough funds to exploit them for the development purpose.
To increase the employment rate, standard of living of the citizens, build the basic infrastructure, conduct research in various areas, educate the masses and for several other purposes it is important to have huge reserves.
A top executive of PricewaterhouseCoopers, Singapore said that NRIs who can invest in India for period of 20 years or more are critical components in the development and transformation of the country.
It is not just the country which would be benefiting out of it but the investors would also enjoy high returns. This is not just an economical aspect but it also leads to emotional and cultural bond.
  • umesh2628 | 03 Jun 2016, 02:35 AM Agree 0
    The strengthening dollar has made investing in real estate for non-resident Indians very lucrative. The Indian government has also eased norms for NRI investments in India. Real Estate is one of the prime sectors which see a lot of investment from NRI's as it doesn’t require any special/prior permissions. However, it is very important to understand the financial requirements and laws while purchasing real estate in India. Here are some points to keep in mind if you are an NRI looking to make real estate investment in India.
    To Know More visit -
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