Want to open investment account in overseas here are some info available. Do proper homework before getting in to the process, information says no need to open Bank account but Depository mandates respective Country bank account, Due diligence must before going global.
Key Risk factors : 1) Currency fluctuations 2) RBI Restriction on trading(Reserve Bank of India)
3) Unknown market 4) Rights issue will not be extended to Foreign nationals as you need to have local representative or your Country Tax regulation 5) Never ever underestimate your home country law, related to cross border transaction 6) NBW is applicable for Overseas Margin trading as per RBI Circular 7) Get Financial adviser and Law wing advise before stepping into foreign investment soil.
1 comment:
Thank you because you have been willing to share information with us. we will always appreciate all you have done here because I know you are very concerned with our. investing in gold
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