Indians can invest abroad through the Liberalised Remittance Scheme

The liberalised remittance scheme (LRS) allows individuals to invest abroad in various ways. Under this scheme, people can buy shares of companies listed on foreign stock exchanges. Investors can use a foreign bank account along with a broking account to make these purchases. Additionally, individuals may invest in mutual funds that focus on global portfolios through overseas banks or financial advisors. Another option is purchasing residential or commercial property in other countries. Investors can also explore putting money in international stocks via the GIFT City, a special financial zone in India. Finally, investing in exchange-traded funds (ETFs) that track international indices is another possibility. These options broaden the horizons for investors looking to diversify their portfolios globally.