Global Investing for Indians
โโ๐๐จ๐ฎ๐ซ ๐๐ฅ๐จ๐๐๐ฅ ๐๐ซ๐๐๐ฆ๐ฌ ๐๐ฎ๐ฌ๐ญ ๐๐จ๐ญ 40% ๐๐ฆ๐๐ฅ๐ฅ๐๐ซ"
โRising Income, consumerism and aspriations have led Indians to explore International travel, Foreign Education (thanks to IB schools!) & tourism at an unprecedented pace.
โAnd, this is expected to grow 15% CAGR until 2035.
โBut, it all comes with a huge risk. "๐๐ฎ๐ฉ๐๐ ๐๐๐ฉ๐ซ๐๐๐ข๐๐ญ๐ข๐จ๐ง"ย
โThe solution?
โ- "๐๐ฅ๐จ๐๐๐ฅ ๐๐ข๐ฏ๐๐ซ๐ฌ๐ข๐๐ข๐๐๐ญ๐ข๐จ๐ง"
โAs an aspiring/existing Global Citizen, your portfolio should have $ assets as well.
โBut, how do you go about it?
โ- What are the limits on LRS?
โ- TDS limits on LRS?
โ- What are the existing options? - Should i go direct/fund route/ETFs
โ- How can pick the right investment?
โ- What are the tax implications?
โ- Should i repatriate it back or keep it offshore?
โ- What is GIFT city all about?
โ- How Friendly is the Jurisdiction & a lot moree...
โWe spent a decent time understanding GIFT City last year and also interacting with various AMCs who launched Global products
โ Phillip capital, Ionic, DSP, recently Edelweiss.