Long-term investing has several advantages, and even small amounts invested regularly can potentially grow into a decent corpus over time. Let us examine the long-term investment options before NRIs.
Nutmeg, which has more than 140,000 clients, emailed affected customers last month, warning them it was closing their accounts, due to legal and regulatory complexities .
With a changed world of tech-enabled banking, secured payments and flexible country regulations, investment purchases in India transpire miraculously smoothly, all online in just a few clicks. Adding support in existing coronavirus era, an investors online journey concludes in a zippy along with digital documentation including FATCA (Foreign Account Tax Compliance Act), KYC/ video-based verification, etc.
NRIs and mutual funds: What are the taxation and other pitfalls one should steer clear of? gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.