Monday, January 21, 2013

Do I need a PAN Number to invest in India?

Nowadays, it is required that you have a PAN card to invest inIndia at all. This includes mutual funds, in real estate, and the stock market. When you are investing in India while living abroad in the UK, there is an easy way to get everything you need. You should start with a pan card.

NRIs apply for your PAN: http://www.indiapancard.in/apply.html

Investment in India is more common now, because the Indian stock markets are booming. The Indian economy has never been better. So if you are looking to invest your money, Indiawould be your best bet right now.

The Indian stock exchange was at 25% and still rising. If you plan and invest, you too can make your money grow and come out on top.

Companies: One of the most common ways to invest into Indiais through companies. There are many large companies based in India that are listed on both the Indian Stock Exchange   as well as in the USA. So you can even buy shares for that company by purchasing them from the Stock exchange in theUS. A good example of an Indian company that is worth investing in would be Reliance. Almost half of all Indian investors own stock from Reliance.

EFTs: Another way that you can invest in India is through ETFs. They are popular due to the lower risk involved with them. If you do not know what ETFs are, I would advise you to look into it so that you can keep your options open.

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