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Investment Tips: How to invest in foreign markets, you can also earn in America in an easy way


new Delhi. There is a lot of turmoil going on in the Indian stock market right now. The maximum withdrawal is being seen by foreign investors, who have withdrawn about Rs 2 lakh crore from the market since October. In such a situation, the question arises whether they are investing in foreign markets.

If you think that you can earn more by investing money in the stock market of America, Europe or any other country, then we tell you the way. You can also invest money in the stock market of America sitting at home and earn big money. For this, the Liberalized Remittance Scheme (LRS) has to be chosen.

Also read – If you want to invest in Gold ETF, then see who gave the highest return in a year?

How LRS Works

One can earn better returns by investing in foreign stock markets, bonds and Exchange Traded Funds (ETFs) under the Liberalized Remittance Scheme (LRS). For this, some banks including ICICI have started the online process. With the advent of some fintech companies and startups, the process has become easier. Till now this process has been going offline, due to which one had to visit the bank for investment in foreign markets. Now you can invest through online mode also.

Maximum investment of 25 thousand dollars

Under LRS, residents of India (adult or minor) can invest $ 2.5 lakh (about Rs 1.88 crore) in foreign stock markets, bonds and ETFs in a financial year. However, banks have fixed the limit for investing online from $10,000 to $25,000. Through ICICI Bank, 10% of the total LRS limit i.e. up to $25,000 can be invested in foreign markets.

Also Read – Fact Check: Did You Buy It Too? LIC’s ‘Kanyadaan’ policy, know the reality or else money will be lost

Complete freedom to choose the market

Investors can invest money in any foreign market, there is no restriction from RBI on this. By the way, considering the current situation of the global market, it would be better to invest money in America and China. You can also invest in European markets once Russia’s tensions with Ukraine ease.

Tags: foreign investment, Share market


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