Non-resident Indians have a plethora of investment options and have to choose the one that suits them best.Every NRI has surely been troubled by this question: should I invest in India or should I not? A complex cocktail of emotions ranging from love for their motherland and a sense of guilt for not giving back to it combine with personal choices to often lead to a wrong answer to the question above.
So, what’s the deal like?
NRIs typically fall into three broad categories: one, those who are abroad on an assignment and will come back.Two, those who are settled abroad and do not plan to come back. Three, those who are abroad, have no immediate plans to come back but ‘may’ decide to come back at some point. This last category is the problem one and accounts for the majority, unfortunately.