Money Management Tips Before You Become an NRI


6. Save for Your Golden Years

Your financial advisors may have always suggested you to plan for your retirement from the very beginning of your career. And as you plan to move to another country, it becomes more important to plan your retirement. This is because, many things in your personal and professional life will change which will directly affect your finances. There are many banks and financial institutions both in India and abroad who provide many retirement schemes for NRIs. Research well and look for the best suitable option for you and your family.

7. Uphold a Healthy Credit Score

Having a healthy credit rating means having right to use extra credit when you need it. As many people come back from abroad, they tend to buy car, apartment or other required things for them. You can of course do these things without having a good credit rating too, but having a good credit rating makes the process much easier.

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