Six insights into what non-resident Indians want
By Mark Battersby, 25 Apr 18
What are the main concerns that non-resident Indians who live in the UAE have about their own financial planning needs and how can advisers help?
NRIs have an impending retirement issue
The main reasons identified for saving were funding a business, followed by children’s education and property purchase. Retirement has dropped down to fourth, from second on the priority list for NRIs since 2013, and we believe this is storing up a longer-term problem. Perhaps NRIs view property purchase as an alternative to a pension – a quarter of those surveyed would buy their next property in the UAE.
