Non-resident Indians (NRIs) should invest in financial assets such as mutual funds if they need to remit money back and forth between India, according to Harsh Roongta, Founder of Fee Only Investment Advisers. He advised against investing in real estate because it may be difficult to sell and repatriate outside of India. NRIs should also consider double taxation, paying in multiple countries if applicable, when assessing investments. NRIs can invest in life and health insurance policies in India, but the payout process may be cumbersome if families want to repatriate the money overseas.
