NRIs typically invest in real estate for asset accumulation, emotive reasons, or prospective residency in India. However, many of them do not evaluate the relevant factors thoroughly. 1. Return to India 2. Location 3. Portfolio allocation size
Incorrect Real Estate Investment
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Investing in India requires a substantial amount of paperwork. Moreover, the rules and compliance requirements frequently alter, necessitating constant updating of pertinent information. When abroad, it is not always simple to manage these aspects.
Delay in Investments
Business Investments Without Research
3.
If you are establishing a business in India, you should conduct a feasibility and market analysis. Consider risk management. Employ individuals with the appropriate talents to perform for you.
No EstatePlanning
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Most NRIs do not count estate planning among their favoured activities. However, the future is uncertain, so it is essential to secure your finances as much as feasible. A testamentary plan outlines the disposition of your assets after your death.
Fixed income instruments are considered secure investments because their returns are less volatile than those of other investments, such as stocks. However, these are not risk-free. Inflation and currency depreciate the true worth of these assets.
Excessive Fixed Income Investment
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PrimeWealth gives more than just investment advice. From budgeting, to cash flow, to savings, to debt management, to estate planning, to risk management, to tax planning, we do it all !