Best Investment Schemes for NRIs India

 

Best Investment Schemes for NRIs India

Many of my NRI friends ask me that which are the Best investment schemes for NRIs in India?

Well, there are many. Here is the list.

1. Mutual Funds

2. Bonds

3. Gold

4. Private Businesses

5. Rental Properties

6. Investment in Non Convertible Debentures

7. Money Market Mutual Funds

8. Deposits With Companies

9. Commercial Papers

So which are the best investments among all of the above investment products?

Well, This really depends. Let me explain you according to me which of the above investment products are best investment vehicles for NRIs?

1. Private Businesses -

I will give this form of investment number one. Just think that your own brother or a best friend is living in India on which you can trust a lot. You can promote some kind of business with him and let him run that entire business. Believe me, a private business is the only thing that can give your money the best returns if managed properly.

It can be a restaurant, retail store, hospital or anything else. The main advantage of owning a private business is that, you will have full control over that business and thus, your return on investments will be excellent. However, starting a private business out of scratch without your presence by someone else is a risky thing.

2. Equity -

The second best Investment product for NRIs is Equity. The India is a growing economy and over the next few decades, it will give you excellent returns. Thus, investing in Indian equity directly or via mutual funds will be the best investment for you.

3. Rental Properties -

The third best investment for NRIs is Rental properties. You can hire a good property manager and invest in rental properties and these rental properties can give you excellent returns and appreciate good over a period of time. The only thing here is that, you will have to hire a good property manager to maintain your properties.