"Dreams are not what you see in sleep, it is the thing that doesnt let you sleep" - Shri. Abdul Kalam
Non Resident Indian (NRI) Services
NRI's are divided by the countries where they live and work, but much united because they are all Indians (or) their ancestors were Indian by origin. NRI's could fall into NRI, OCI and PIO categories, but referred here as NRIs.
NRI's have a different profile when it comes to money matters i.e., - Earnings in Foreign Currency - Earning both taxable and tax free income, depending on tax jurisdication - Maintain multiple bank accounts such as:
- Spending in Foreign, Local and Indian currency depending on situations like work, vacation, home country visit etc |
NRI's however face major challenges relating to money management and earning gainful return on investments due to the following reasons
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Often, due to their tight professional work schedules, NRIs do not find the time nor have the luxury to build extensive knowledge and understanding of the plethora of financial products in the marketplace and select what is most suitable for their family's financial future.
Often NRI's are much sought after by agents, brokers and salesmen who aggressively sell them high risk, sub-optimal, unsuitable and one-size fits all products and schemes that deliver poor returns, do not fit investor's risk profile, turn out quite damaging to exit or liquidate midway and tax inefficient too.
Often NRI's are much sought after by agents, brokers and salesmen who aggressively sell them high risk, sub-optimal, unsuitable and one-size fits all products and schemes that deliver poor returns, do not fit investor's risk profile, turn out quite damaging to exit or liquidate midway and tax inefficient too.
Dhanayoga has been advising Non-Resident Indian (NRI) investors from multiple jurisdictions namely UAE, Oman, Bahrain, Saudi Arabia, Qatar, Spain, Germany, USA and UK with comprehensive financial planning, investment and insurance planning, tax planning, debt counselling, account execution and management services of outstanding quality and value in an independent and thoroughly professional manner. Our approach is outlined below
Dhanayoga's Approach
How we differ?
Traditional Agent / Broker centered Model |
DHANAYOGA Advisory centered Model |
Agent / Broker / Salesman pushing proprietary products |
Advisor, providing unbiased guidance |
Compensated largely on opaque commissions |
Compensated predominantly on transparent fees |
Narrow range of often overpriced, low-quality in-house investment products |
Wide variety of competitively-priced, high-quality third-party investment products across multi-asset classes |
Single entrenched vendor often equals higher prices, poor service |
Multiple competing vendors often equals lower prices, great personalized service |
Often beholden to corporate agenda |
Independent-minded, client-centered |
Cutthroat aggressive and pushy sales culture |
Collaborative advisor culture |
Shrinking |
Growing |