than having a hand in the growth and prosperity of his motherland & generating excellent returns for them? Perhaps nothing is better than it & that’s what motivates NRIs to invest in India.
Safety & growth of the Money should be the top two priorities & prerequisites for making any investments. We have selected some Top reasons & instruments to facilitate the Investment decision.
The Indian economy has consistently ranked in the top 5 the fastest growing economies in the world over the past 3 decades. Even with the pandemic, the Indian economy is projected to grow by 8.8% in 2021 according to the IMF. Some Indian economy facts:
Why Should NRIs Invest In India?
- When it comes to purchasing power parity, India is the 3rd largest economy to make the list.
- Seventh largest in terms of nominal GDP - Better than Canada & nearly as good as the US.
- Only trillion-dollar economy to be in the top five.
Historical Market Returns
You can diversify your portfolio with investments such as Insurance, Equity, Mutual Funds, Debt funds, Health Insurance, Gold, Real Estate, Startups and more across various sectors & industries. Speaking to a MoneyMaster can help you understand the various options & work out a customised plan suitable to your personality & long term goals.
- The Value Of Currency
Even though the Indian economy has been booming over the past few decades, the power of currencies such as the USD, CAD, GBP and the Euro has steadily increased when compared to the rupee. Regardless of the interest rates, the value of CAD, USD, GBP, or Euro investments is likely to grow. This would mean that you will be able to earn better returns.
- Better Interest Rates
Indian banks provide better interest rates than the US, Canada, Australia, Japan, China, Saudi Arabia, and many other countries! Sounds surprising, right? But most NRIs aren't aware of this fact and end up letting their money stagnate in the US or Europe.
The historical trends suggest that long term investments in the Indian market can give better returns.
Investment Options For NRIs
- Mutual funds
- Indian Stocks
- Life & Health Insurance
- Startup Investments
- Real estate property
- Govt. Bonds & Securities