Dos and Don’ts for Entering the Indian Investment Migration Market | India is a large but different market and it needs a different approach to develop and the key is investor awareness

1. Dos and Don’ts for Entering the Indian
Investment Migration Market
Speaker:
Prashant Ajmera
(Founder & Author – Ajmera Law Group)
www.ajmeralaw.com
18th March 2021 – Online Conference

2. Overseas Direct Investment
(ODI)
for Indian companies
Liberalized Remittance Scheme
(LRS)
for Indian citizens
Indian currency restrictions
Year 2007-08

3. Indian currency restrictions
Banks, financial
institutions,
law firms, CAs and
related professionals
are available to
advise and assist

4. Indian currency restrictions
Investment in 2019-20
(i) Study - 4989.04
(ii) Close relative – 3437.46
(iii) Gift – 1,904.53
(iv) Deposits - 623.37
(v) Property – 86.43
(vi) Debt / equity - 431.41
(vii) Donations - 22.32
(viii) Travel - 6954.20
(ix) Medical - 33.88
(x) Others – 268.74
Under Liberalized Remittance Scheme ( LRS)
remittance / investment by individuals

5. Lack of knowledge & trust in India:
1. Indian bank services large
investment under LRS
2. Law firms & individual lawyers
3. CA firms & individual CAs
4. Financial professionals
5. Investors
Indian currency restrictions
Why less investment but
more spending / remittance?

6. More than 100+ foreign
companies and government
agencies have shown
interest in attracting
investment from Indian
UHNIs and HNIs
Indian currency restrictions

7. FFOIA
2. Lack of knowledge & trust
Dos and Don’ts for Entering the Indian Market
 An Indian portal that
brings together all
foreign investment
opportunities in
different asset classes
under one domain
Two problems - Two solutions

8. Second Passport Global Stock Markets &
Related Products
Global
Real Estate
Global Enterprises &
Start-Ups
4 distinct asset classes to invest

9. Currency ISO
Code
2008 2009 2010 2013 2014 2015 2016 2017 2018 2019 2020
US Dollar USD 48.76 45.33 45.00 68.80 66.07 66.73 67.19 65.11 70.09 74.50 76.5
Indian Rs. Rs. 100
US$ 2.05 1.30
Assets in Rs. 50,000,000 50,000,000
Assets in US$ 1,025,430 653,594
Dos and Don’ts for Entering the Indian Market

11. FFOIA
2. Lack of knowledge & trust
Dos and Don’ts for Entering the Indian Market
 An Indian portal that
brings together all
foreign investment
opportunities in
different asset classes
under one domain
Two problems - Two solutions

12. FORUM FOR OVERSEAS
INVESTMENT AWARENESS (FFOIA.org)
• A Non profit organization to create awareness
in Indian about outbound investment amongst:
• Professionals &
• Investors

13. 7 mistakes to avoid to
break through the Indian market
• Replicating marketing model of other Asian countries
• Working with many immigration Agents
• Expecting Indian HNWIs to be open to the idea of RCI:
• Thinking most Indian HNWIs are in a rush to leave the country:
• Neglecting the stigma of HNWI for emigration:
• Expecting HNWI advisors to do the work for you:
• Underestimating the challenge of getting money out of India:

14. 10 things you should do enter Indian Market
• Educate:
• Build trust:
• Focus on selling your country, not your project:
• Find common ties between Indian and your country:
• Think out of the box
• Don’t try to cover the whole of India in one trip.
• Find knowledgeable local representatives.
• Try working with one good associate rather than many mediocre ones.
• Allocate a sizable budget for marketing:
• Be generous with good introducers:

16. Prashant Ajmera B.Sc. LL.B. (India) ICSA (UK)
• Indian Lawyer found of Ajmera Law Group – since 1993
• Canadian Citizen
• RCI practice in India - All major countries
• Advisor and speaker at several RCI shows in India & UAE
• Author of two books ….

17. 2nd edition is in planning – To make it as reference manual

18. ajmeralaw.com/ebook

20. What options can we offer….
Residency &
Citizenship by
Investment
www.ajmeralaw.com
Global Stock Market &
related products
www.ajmeracapital.com
Global
Real Estate
www.worldsqurefeet.com
Global Businesses &
Start-Ups
Startupgoingglobal.com
Indian parents need more then one solutions

21. Legal Updates:
As per the Advocates Act of India, and latest Supreme Court of
India’s judgement, only Indian lawyers can practice and advise on
Indian & foreign laws
(including immigration law) in India.
***
Foreign lawyers having their offices in India are operating illegally
in India.
***
Agents, consultants and companies in India (Indian or foreign
owned) also cannot practice or advise in India on Indian or foreign
laws, including immigration law.

22. Thank you for your time
Q & A
www.ajmeralaw.com
prashant@ajmeralaw.com
Social media:
/AjmeraLawGroup