Over the years the opportunities to invest for Non Resident
Indians (NRIs) in safe investment options has increased
tremendously.
There was a time when NRIs found it safe to invest in real
estate. But banks today also offer great number of financial
solutions. If you are an NRI, it is suggested to invest in
financial assets rather than real estate. Real estate is a popular
option but comes with its own set of challenges which NRIs and even
locals routinely underestimate, only to repent later.
Financial assets are much easier to handle from abroad and are
free from legal issues, possession and maintenance issues, require
lower time and effort from you, and of course, don't require
you to handle "black" money. Also, most transactions can
be done online from wherever you are, giving you significant
control. NRIs can also consider fixed deposits or mutual fund
schemes. Mutual funds tend to be slightly risky investment as
compared to some of the other instruments. Fixed