Archive · 24 Nov 2025
GIFT City: A Lucrative Investment Route for NRIs
GIFT City is a special place in India where Non-Resident Indians (NRIs) can invest their money.
It's different from other places because NRIs can keep their money in the same currencies they earn, like dollars or euros, without converting it to rupees.
This makes it easier for them to manage their money.
GIFT City also offers tax benefits, like no extra taxes on trades, which can help NRIs save money.
To start investing, NRIs need to complete some paperwork and open a foreign-currency bank account.
They can then choose from different investment options and move their money in and out freely.
However, they should be aware of the tax rules in their home country to avoid paying taxes twice.
GIFT City allows NRIs to invest in multiple global currencies without converting to rupees.
Tax benefits include no Securities Transaction Tax (STT), Commodity Transaction Tax (CTT), stamp duty, or GST on trades in IFSC.
Investment options include retail funds, Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), and insurance solutions.
Investments and returns can be freely repatriated, making it seamless for NRIs living overseas.
NRIs must consider their country of tax residence for capital gains, dividends, or interest to avoid double taxation.
- Who
- Non-Resident Indians (NRIs)
- What
- Investment opportunities in GIFT City
- When
- Currently available
- Where
- GIFT City, India
- Why
- To maximize returns and minimize tax liability
- Investment Flexibility
- Allows NRIs to invest in multiple global currencies
- Tax Benefits
- No STT, CTT, stamp duty, or GST on trades in IFSC
- Investment Options
- Retail funds, PMS, AIFs, insurance solutions
- Repatriation
- Investments and returns can be freely repatriated
- Tax Residency
- NRIs must consider their country of tax residence for capital gains, dividends, or interest