1. Can an NRI in Oman invest in India’s financial market?

Yes, an NRI in Oman can invest in India’s financial. Additionally, with regulatory norms, NRIs in Oman can seamlessly choose an investment option that promises transparency and trust.

2. As an NRI in Oman, how can I select a robust investment plan?

As an NRI in Oman, selecting a robust investment plan can seem daunting at first. You can start by creating a framework for your financial and personal goals. Make sure to assess your risk tolerance smartly to pick an investment plan that matches your requirements. Additionally, remember to choose an appropriate bank account (NRE or NRO) paired with a smart strategy to create a diverse investment portfolio.

3. Does an NRI in Oman need to open a special account to invest in India?

Yes, for an NRI in Oman to invest in India it is mandatory to open either a NRE or NRO bank account. An NRE account is used to manage foreign income, offering full tax exemption and free repatriation. An NRO account handles income earned in India and is subject to local taxes.

4. Can I repatriate funds from my investments in India to Oman?

Yes, you are allowed to repatriate funds earned from investments made in India. This can be seamlessly done from your NRE or NRO bank account. However, remember that there are restrictions on the maximum amount that can be repatriated in one financial year.

Investment Plans for NRIs in Oman: Types, Reasons & How to Invest

Calling From	Phone Number
Calling us from INDIA	+91 20 6712 1212
Rest of the World	+91 20 6787 1700

Keep these Documents Handy
Photo	Colored Photo
PAN Card	PAN Card/ Form 60
Age proof (Any one)	Passport Aadhar card Driver’s License Birth Certificate Baptism Certificate of PAN card
Income documents (Any one)	Last 6 months Bank statement with salary credit Form 16 Last 3 years ITR with Computation of Income (COI) Last 3 months salary slip + Last 6 months bank statement showing salary credited
Address proof/ID proof (Any one)	Passport Aadhar card Voters ID Driver’s License

Choosing a suitable investment plan in India can seem overwhelming given the wide array of options. However, once you have your financial goals in place, you can easily pick a plan that lets you leverage your overseas earnings in the Indian market. As an NRI in Oman, you get to explore multiple investment options with promising returns and impressive tax benefits.

To give you an overview of the investment options in India, here’s a guide to different types of plans to explore:

NRI investment options
1. Direct Equity
  
  NRIs invest in the Indian stock market directly for higher returns associated with risk over the long term. NRI investors can purchase the shares of a company listed on the National Stock Exchange, Bombay Stock Exchange or both.
2. Mutual Funds
  
  NRIs can also invest in mutual fund options, which extend to equity, debt, or hybrid fund investments and are managed by professional asset managers. Investment in mutual funds for NRIs can be more convenient and profitable over the long term.
3. Real Estate
  
  NRIs can also invest in commercial and residential real estate properties in India and get higher returns in the long term. Investment in real estate is considered one of the best investment options for NRIs.
4. National Pension Scheme
  
  The NPS is a long-term retirement savings scheme which allows individuals to contribute regularly towards their retirement savings while they are employed. It is regulated by the Pension Fund Regulatory and Development Authority (PFRDA) and is one of the best investment options for NRIs planning their retirement in India.
NRI investment options with low risks
1. Savings/ Endowment Insurance Plans
  
  NRIs looking for investment options in India with low risk can consider investing in savings or endowment insurance policies, which offer the dual benefits of life insurance coverage for the entire tenure of the policy and a savings element. The plans provide a death benefit if the life assured passes away during the policy tenure. This helps the family meet the financial loss suffered and meet its financial goals. On the other hand, if the life assured survives the policy tenure, a maturity benefit is paid. This benefit creates a savings corpus that allows policyholders to plan for their financial goals. Persons of Indian Origin (PIOs) and Overseas Citizens of India (OCI) can purchase life insurance to ensure their loved ones stay financially secure
  
  Endowment assurance plans can also be offered as child plans or pension plans, which help you plan for specific goals.
2. Money-back Insurance Plans
  
  Money-back insurance plans are like endowment plans but with a difference. Under these plans, the sum assured is usually paid in the form of instalments at specified intervals during the policy tenure. This payment is called the money-back benefit, and it creates liquidity under the policy. The death benefit remains undisturbed and is paid in full irrespective of the money back benefits paid under the plan. On maturity, the remaining sum assured is paid.
  
  Money back plans might be offered as participating plans which earn bonus. The bonus additions help in enhancing the benefits of the policy and creates a good corpus for your financial goals.
3. Fixed Deposit
  
  NRIs can also park their funds in fixed deposits to earn from interest. Fixed Deposit is an ideal for conservative investors. NRIs can choose to invest in NRO Fixed Deposit accounts, NRE Fixed Deposit accounts or Foreign Currency Non-Resident (FCNR) Fixed Deposit.
4. Public Provident Fund (PPF)
  
  PPF is a long-term savings scheme backed by the Indian government that offers fixed, guaranteed returns higher than regular savings accounts and tax benefits. NRIs planning for long-term financial goals such as their retirement or their children's education can benefit from accumulation in PPF. The NRIs cannot open new PPF accounts but can continue their existing PPF accounts until maturity if any⁸.
5. Money Market Instruments
  
  Money Market Instruments are short-term financial instruments such as Commercial Papers, Treasury Bills, etc., involving lower risk and high liquidity. NRIs are to invest in these securities on a repatriable or non-repatriable basis.
6. Perpetual or PSU (Public Sector Undertaking) Bonds
  
  Perpetual bonds are bonds which cannot be redeemable but offer steady interest pay-outs. They do not have a fixed maturity date but offer regular returns. PSU Bonds are bonds issued by Government enterprises offering fixed rates of interest and involve low risk. These bonds generally have a long-term maturity period.
7. Sovereign Gold Bonds (SGBs)
  
  SGBs are government securities denominated in grams of gold. These bonds are a substitute for holding physical gold. The value of the SGBs is linked to the price of gold, and the cash benefit can be redeemed after the specified fixed tenure
NRI investment options for High Net Worth Individuals (HNIs) in India
1. Portfolio Management Services (PMS)
  
  Portfolio Management Services is a professional financial management service offered by professional portfolio managers to HNIs. They manage the investment portfolio of the clients under the research team’s guidance. Portfolio management services can be related to stocks, debt, and other securities.
2. Alternative Investment Funds
  
  AIFs are investment vehicles which collect funds from investors to invest the amounts in different asset classes such as private equity, real estate, hedge funds, etc. It is considered one of the best investment options for potential high returns.
3. Start-ups
  
  NRIs can invest in early-stage companies with innovative business models and high growth potential to increase their returns. Investing in start-ups is a good option for HNI NRIs to gain from the growth of these start-ups.
4. Fractional Ownership of Commercial Real Estate (CRE)
  
  Fractional ownership of CRE allows HNI investors to invest in high-value commercial properties with a limited amount of investment. It enables them to own a property partly and invest in India’s real estate sector.
5. Infrastructure Investment Trust (INVITs)
  
  INVITs are investment vehicles which provide NRIs with an option to invest in developing infrastructure projects in India.

For NRIs in Oman, investing in India is financially and emotionally satisfying prospect. Some of the major advantages are:

Wealth Creation over Time

India's rapidly growing economy and robust domestic demand make it a good foundation for the generation of wealth. By opting for long-term investments like mutual funds, fixed deposits, money-back, endowment plans , pension schemes etc , NRIs in Oman can progressively increase their money and fulfil future life objectives confidently.

Financial Security for Family

Financial safety of your family tends to be a high priority for NRIs. Life insurance plans like Term life insurance plans can help NRIs create financial security for their families in their absence.

Retirement Planning Made Easier

Whether you wish to retire in Oman or ultimately get back to India, various long-term financial instruments—such as fixed deposits, annuity products, or diversified savings schemes—may contribute to building a retirement corpus over time. The suitability of these options depends on individual circumstances, financial goals, and regulatory considerations.

Access to Global Markets

With India's initiatives, such as GIFT City, as an NRI, you are able to go international within India's framework of regulation. This exposes you to world equities and bonds but within the comfort of India, thus diversifying your portfolio without the extra complexity or expense of direct foreign investment.

Protection Against Currency Fluctuations

NRIs in Oman receive their salaries in rials, which can have varying exchange rates with respect to the Indian rupee. By investing in Indian assets partially, you minimise the risks of exchange rate volatility and long-term wealth protection.

Legacy and Estate Planning

Investment in India also eases succession planning. By using tools like nominations, wills, or family trusts, as an NRI, you can transfer your wealth smoothly and tax-efficiently. This also ensures that your loved ones receive the financial support smoothly without any legal or procedural hurdles.