NRIs in India Exciting Investment Options

NRIs in India Exciting Investment Options 

IndiaâEUR (TM) between the basis of purchasing power parity, the world's largest economy. It is available today a large human resource base, diversified natural resources and strong macroeconomic fundamentals of business and investment opportunities of the most attractive tourist destinations. In the 2011-12 fiscal year, the country to attract foreign direct investment (FDI) 46.8 about one billion U.S. dollars, in various sectors. 

India's economy also has a sound financial system and deep capital markets. IndiaâEUR (TM) demography about 65% of the total population in the 15-64 age group decline is very attractive. A relatively stable government, democratic and open setting, a powerful and reliable judicial system, to further increase the advantages of the Indian economy. (TM) countryâEUR as a growing middle class population, cost competitiveness and strong domestic consumption, strong fundamentals, so that multinational companies from around the world premier destination. 

(TMGovernmentâEUR) intervention policy issues, particularly tax laws and foreign direct investment (FDI) will drive a large trading plays an important role, especially immigration deal. IndiaâEUR (TM) growth story remains intact and will continue to invest overseas Indian / PIO overseas Indians in India, a stable India.Investment option is based on the growth and prosperity of the main requirements oneâEUR (TM) business in India . India offers such a basis. It provides a wealth of business opportunities and markets to non-resident Indians (NRIs) of Indian origin (PIO's) new products and services. This is the fastest, simplest and most lucrative investment destination in the world to establish a business. India is the second most lucrative goal, according to UNCTAD "World Investment Prospects Survey 2010-2012. 

NRI / PIO are investing in India, especially in the healthcare sector. The department has opened up new business opportunities for them to invest in India because of the rise in disposable income and changing lifestyle health insurance currently generation.How, the penetration in India NRIs and PIO investments? The following investment opportunities overseas Indians to invest in India PIO: 

Non-resident Rupee (External) (NRE) accounts: one-time non-repeating expenses (NRE) account may be savings, current, often in the form of deposits or fixed. This account can be opened only by themselves and not through a non-resident holder of power of attorney. NRE savings deposit interest rate should be the rate applicable in the domestic savings deposits. The current interest rate is 3.5% 

Non-resident rupee Ordinary (NRO) Account: NRO accounts can be opened / hold current, savings, often in the form of deposits or fixed. Account should be in Indian Rupees. NRO accounts allow credit transfer non-resident bank accounts rupee 

Non-resident foreign currency accounts (bank) âEUR the "FCNR (B) account: FCNR (B) accounts only in the 1-5 year time deposit in the form of all debit / credit allowed on NRE accounts, including credit sales of FDI investment income, is allowed in FCNR (B) account, the account can be in any freely convertible currency. 

The government has created a lot of policies and programs to maximize the real estate industry in India NRIs / PIO investment options 

RBI, two people residing outside India holding Indian passport and PIO in India for residential and commercial property investment 

RBI grants NRIs / PIO's general competence, Indian companies direct investment, according to the share purchase automatic routing 

There are many other exciting options to conduct business in India, especially in handling outsourced technology entrepreneurs, Internet companies, software development, e-commerce.