Extremely Wealthy
Wealthy Indians expected to invest up to $20 billion annually in foreign countries under new FEMA ODI and OPI framework
Wealthy Indians are expected to invest up to US$20 billion annually in foreign assets by way of equity contribution in the UAE, enabled by the latest regulatory framework under the Foreign Exchange Management Act (FEMA), according to Amit Goenka, Chairman and Managing Director of Nisus Finance. The revised guidelines governing…
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