How Can You Invest in US Stocks From India?
Online share trading | Image Resource: amazonaws.com
There are many reasons why investing in US stocks is preferred. Most of the leading global companies are listed on the US stock market and it has over 6,000 companies listed. It is one of the strongest capital markets with a market capitalisation above $40 trillion.
The US stock market is more mature and on a currency-adjusted basis, investors get higher returns. Investors can easily invest in the US stock market using an online share trading app.
Investing in US stocks
The RBI’s Liberalised Remittance Scheme allows investment by Indian residents in the US stock market to $250,000 per financial year. This includes remittance abroad for various purposes like education, travel, business and more.
Indians can invest in US stocks as follows:
To invest directly, investors can open an overseas trading account with a domestic/foreign...