5 Tips for NRI's Investing in India
Invest in Insurance
NRIs can take the privilege of investing in life insurance policies in India without any limit on the cover. However they have to be present in India, while taking the Insurance. Some companies offer foreign-currency denominated policies and also allow you to pay the premium in foreign currency. One important point, is that the premiums should be paid from NRE account, if the maturity value is to be repatriable, else only the partial amount will be repatriable. The Government of India even today, owns the largest life insurance company.
