Redmond Wealth Services for“ Investment Insurance” with Investments & Insurance,

Redmond Wealth Partners is a leading investment and insurance advisory firm recognized for our expertise in investments and treasury management systems, showcasing deep domain knowledge. Shri Ramesh Bhakuni (MBA Finance) is a committed managing partner with over 15 years of experience in the financial sector, specializing in services for NRI clients.

Financial services for Non-Resident Indians (NRIs) cater to their unique financial needs, including investment opportunities, tax management, and regulatory compliance across countries.

Here’s an overview of key services offered:-

Investment Advisory: NRIs have access to various investment opportunities in India, including:

1. GIFT City Investments: The International Financial Services Centre (IFSC) at GIFT City in Gujarat, India
2. Mutual Funds: Investment in Indian equity and debt markets through NRI-friendly schemes.
3. Real Estate:
a. Guidance on property purchases, sales, and management, including legal compliance.
b. Estate Planning: Services include drafting wills and managing assets in India for seamless transfer to beneficiaries, ensuring legal and tax compliance for NRIs.
4. Stocks & Bonds : Investment in the Indian stock market through the Portfolio Investment Scheme (PIS).
5. Tax Planning and Compliance: Financial services help NRIs manage taxation both in India and abroad. This includes: Double Taxation Avoidance Agreement (DTAA): Ensuring NRIs don’t pay taxes twice on the same income in both India and their country of residence. Tax Filing: Assistance in filing Indian income tax returns and managing applicable taxes on investments.
6. Loans for NRIs: NRIs can access home loans, personal loans, and loans against property to facilitate investments in India.

Retirement Planning:- Tailored advice to help NRIs save and invest for their retirement, whether they plan to retire in India or elsewhere, taking into account currency fluctuations and tax implications.

Wealth Management:- Comprehensive wealth management services help NRIs grow and protect their wealth through structured financial planning, investment portfolios, and tax-efficient strategies.

In summary, financial services for NRIs focus on providing solutions that cater to their dual-residency status, ensuring that they can manage, grow, and protect their wealth across borders with ease.