Australian Visa Fees for Indians 2022: An overview

 A large number of Indians move to Australia for employment, study, tourism and other purposes. Foreign nationals are required to obtain a visa before visiting Australia. Applicants need to fill a visa application, submit required supporting documents and pay the visa application fees to book an appointment with Australian immigration authorities to get a visa for Australia. Documentation, visa fees and associated charges vary based on the type of visa you are applying for. In this article we have listed the complete details of Australian visa fees for Indians and associated charges.

SBNRI Team

· 21,112 views

FD VS Debt Funds: What should NRIs choose?

 Many NRIs who either want to invest in India or want to create a safe corpus enquire about NRI FD VS Debt Mutual Funds and are often confused about what to choose. In this article, we will explore the differences between NRI Fixed Deposits and Debt Oriented Mutual Funds and eventually conclude with which instrument is better for what type of NRI (based on their tax-slabs, risk-appetite, etc.). The debate of FD VS Debt Funds can be easily ruled out when you bring in factors that relate to your needs and requirements. In the next section, let's clear some air about debt mutual funds for NRIs.

SBNRI Team

· 13,680 views

Mutual Funds for NRIs in Germany to invest in India

 The growing economy of India has been attracting investors from around the world to invest in India. Mutual funds are one of the most popular financial instruments not only among Indian investors, but also Non-Indian Residents (NRIs) from across the world. Germany-based NRIs can pursue their long-term financial goals like a child’s education, retirement, purchase of a house, etc., by investing in mutual funds, especially in equity funds. They can also invest in debt funds to earn better returns than bank savings in the short term. Let’s look at some of the best mutual funds for NRIs in Germany to invest in India.

SBNRI Team

· 15,893 views

Stock Trading: How is spouse of NRl taxed on stock trading gain?

 Before 2011, Non-Resident Indians (NRIs) couldn’t open a joint bank account with residents. However, liberalizing the foreign exchange rules, the Reserve Bank of India (RBI) has allowed residents of India to include a non-resident close relative in their resident bank account on ‘former or survivor’ basis from 2011. However, such non-resident relatives shall operate such accounts only on behalf of the resident account holder for domestic payment and not for creating any beneficial interest for himself/ herself. For stock trading and investment in mutual funds, non-residents need to open an NRI account.

SBNRI Team

· 21,929 views

Send Money to India | 7 Easy & Quick way

 As per a report by the United Nations, India has the largest diaspora population in the world with around 18 million people from the country living away from their homeland in 2020. Hence, India continues to be the top receiver of remittance in the world. The US, UAE, Saudi Arabia, Canada, Qatar, UK, Kuwait, Oman, Germany, France, Australia and China are the top countries from where remittance money comes to India. There are several ways to transfer money to India online as well as offline. Here are some of the best ways to send money to India along with transfer charges.

SBNRI Team

· 16,193 views

Is my money safe in a bank during the COVID-19 crisis?

 Y-E-S! Yes! Yes! & Yes! Your money is not just safe but safest in a bank. NRIs from all over the world keep asking the same question “Is my money safe in a bank?” Well, where would you rather keep it? Below your mattress or in your abandoned car parked outside your house? You are no drug lord and your life isn’t some series on Netflix! Not Yet! So be practical, and be smart! Park your funds where they must go. Maintain the balance between savings and investments and slash in some of that insurance and emergency fund. Banks are a part of your financial planning, so let them be that. In this article, let’s bust the myth around banks and understand how safe they actually are amid the ongoing COVID-19 pandemic.

SBNRI Team

· 16,034 views

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