With the recent growth of global investment and realty markets, NRIs are increasingly interested in investing in various asset classes. The Indian economy is one of the fastest-growing economies in the world. The country has become one of the most preferred destinations for investment and business due to its high growth potential.
The Indian economy is poised to grow at a rate of 7% over the next five years (2020–2024), according to the World Bank. The primary reason for this growth is the booming services sector which accounts for over 80% of the GDP.
India has also been making great strides in technology and manufacturing, along with being a popular tourist destination. With these factors combined, it makes sense for many people including NRIs to invest in India through real estate.
Some of the best options in India for NRIs are 4 BHK Luxury flats in Mohali:
The Indian stock market is one of the best investment options for NRIs. It offers a wide range of investment options to its investors and is considered to be one of the safest markets in the world.
There are several ways through which you can invest in stocks through your foreign exchange account, but if you are new to this, here are some key strategies that will help you succeed:
- Buy Stocks Through Your Foreign Exchange Account
The first and most important thing to understand about investing in stocks is that it is not an immediate transaction. Your money must be transferred from your bank account or any other source into an Indian bank and then transferred into a stock broker’s account before making the purchase. This can take anywhere between three days to two weeks depending on whether it is a buy or sell order. Once this process has been completed, you can start taking delivery of your shares.
- Buy Stocks Through Brokers
You may also buy stocks directly from a stockbroker as long as they have an Indian brokerage account with an Indian bank but they will charge much higher commissions than what they would charge if you do it through their foreign exchange accounts.
Other key strategies that you can use to make sure that you get the best returns possible from your investments:
- Mutual Funds
Mutual funds are a great place to start, especially if you are new to the market. These investments can give you diversification and help you grow your wealth over time. It’s best for NRIs who want to buy Flats for sale in Mohali.
Read full blog visit us — Best Investment Options In India For NRIs & Key Strategies
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