Thinking Of Investing In US Stocks From India? This 5-Point Guide Will Help You
NDTV
Investment in foreign stocks comes with its own drawbacks, and, so, one wrong step could cost you dearly; think, analyse and then take the step
Many Indian investors want to diversify their investment portfolios. And one of the countries that come to mind first is, of course, the United States. But that also leads to a question — “Are Indians even allowed to invest there?” Well, the short and simple answer is “yes”. Investors can invest in US stocks while sitting here in India. With just a few clicks, a whole new avenue for their portfolio opens. It's, however, important to keep a few things in mind. Firstly, the investor needs to contact an international brokerage firm, irrespective of the company she/he wants to invest in. They also need to make sure that they abide by the Reserve Bank of India's foreign exchange rules. The international brokerage firm that they engage with will handle their paperwork while the investor focuses on buying stocks and maintaining a solid investment portfolio. Here's how to do it: 1) Opening an accountMore Related News