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 are becoming more global in attitudes
Those that are saving want exposure to stocks and shares and commodities, yet over half of those surveyed were not prepared to lose any money. This perhaps suggests a lack of financial awareness. Only five years ago, NRIs were focused on traditional investments such as gold, property, cash and bonds. There appears to have been another shift in attitudes here, perhaps due to globalisation. The surveys shows that all expats are becoming more homogenous in their thinking and that previous cultural demarcation lines are becoming blurred.
