#GIFT City

Investing in the US stock market lets investors tap into global companies (Google, NVIDIA, Apple, etc.) and diversify portfolios beyond domestic investments. Indian investors particularly benefit from the returns of their US holdings and the appreciation of the US dollar against the rupee (~13% in the last five years).   For Indians there have been two […]

The GIFT City has been a hot topic in India’s finance scene for nearly a decade. Short for Gujarat International Finance Tec-City, GIFT City is India’s first smart city and International Financial Services Centre (IFSC), located between Ahmedabad and Gandhinagar in Gujarat. It was set up in 2015 with big ambitions: to become a global […]

I have been an NRI living abroad for the past 10 years. I have heard a lot about GIFT city benefits for NRIs, and I would appreciate it if you could elaborate a bit.  The International Financial Services Centre (IFSC) at GIFT City in Gujarat, India, offers several advantages to Non-Resident Indians (NRIs) living abroad. […]

GIFT City is short for Gujarat International Finance Tec-City. Situated close to Ahmedabad, GIFT City facilitates all financial transactions in India using foreign currency (not Indian rupees). Though it is located within India, it is considered a jurisdiction separate from the rest of India. You might wonder what the use of GIFT City is. Countries […]