NRI Insurance
You are an NRI with strong roots in India then you should consider buying insurance in India. Needless to say, India’s economy is booming and any investment on Indian soil will further boost your finances. Insurance companies now offer customized plans to meet the requirements of NRIs.
WHO are NRI’s ?
Non Residential Indian
A citizen of India (holding a valid passport issued by Govt. of India) and temporarily residing outside India
Person of Indian Origin / Overseas Citizen of India
A citizen of any country other than Bangladesh or Pakistan, if:
At any time held Indian passport; or
He or either of his parents or grandparents were a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955); or
The person is a spouse of an Indian citizen or a person referred to in sub-clauses above
Foreign Nationals
A person, who is a citizen of a foreign country but based in India on a work visa
WHY are NRI’s attracted towards India ?
Emotions with Motherland
Retirement living
Investment in India
Business Opportunity in India
Why NRI Invest in India?
High rate of return on investment with low risk
Size of Indian Economy: Indian economy will reach to $7.35 trillion to become 3rd largest by 2030
Economic Growth: India’s GDP is growing at a fastest rate in the world and is expected to grow by 7.4%
Easy taxation for NRIs: Double taxation treaties with most countries
