GIFT City for NRIs: How to invest in India in dollars without rupee conversion
Economictimes.com·August 7, 2026
GIFT City enables NRIs and OCIs to invest in India through an International Financial Services Centre (IFSC). Investments are made in US Dollars (USD), eliminating the need to convert money into Indian Rupees. However, investors should keep in mind the Liberalised Remittance Scheme (LRS) limit of $250,000 per financial year, which is cumulative across investments, travel, education, gifts and other eligible remittances. Why should NRIs consider investing through GIFT City?
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