PARK Financial Advisors

One of the reasons why working outside of India was so attractive was the fact that exchange rate of the Rupee was very weak compared to its purchasing power; so a lot of NRIs would profitably earn in US Dollars or Dirhams and send money back to India.

Earlier the movement of the Indian rupee was typically one-way: downwards. Now, however, the situation has altered. The Indian economy is going strong and India is sitting on large foreign exchange reserves (> $250 billion). In effect, while the Indian currency is expected to remain jumpy, the direction of the jump cannot be predicted accurately.

The process of investment into India has progressively been made simpler and in many cases, no permission from the RBI before investing in India. We look at some of the issues which NRIs face in investing in the country and the process of investing in the country.

In our last article, we looked at some of the issues faced by the professional NRIs when planning their finances. This time let us look at the opportunities available to the NRIs when they move from saving to investing their money.

The profile of the NRI community abroad has been changing and so have the investment needs. With the increasing population of the NRIs who serve in the services sector - as opposed to the motel/blue-collar industry, the profile of remittance is changing from "consumption" to "investment". With many young Indians with technical degrees approaching the distant shores, the need for quality investment advice is of paramount importance.

This article was published in the Economic Times on 13 April 2007.

In this article we look at the types of foreign exchange exposure and ways in which you can take care of both your historical and flow foreign currency exposure that you have.

We saw the last time that the Indian currency is ‘jumpy’and that the direction of the ‘jump’ is getting increasingly harder to predict. There are more opinions than experts on the value of the Indian rupee going forward. In this article we look at some of the factors you should keep in consideration when you are looking at how you can take care of the foreign currency exposure that you have.

India has now moved ahead of the times when there were too many restrictions imposed on foreign investments.  With increasing NRI population, the profile of remittance has been changing fast from consumption to investment. To accelerate NRI investments the Indian government has streamlined the entire process making it very investor friendly. Almost all benefits that are available to the residents are now available to non-residents.

In this article we look at reasons why a NRI invest in India when there are various opportunities existing in their home country.

Over the years, many rules and regulations applying to non-resident Indians have been relaxed and some even repealed. The process of investment has been streamlined to a large extent, making it very simple and investor friendly. In most cases, the approval from RBI is not required before investing. The government is trying to ease the process of investing, which has proved to be an added advantage of the growth opportunity that exists in India.