GIFT City – A Gateway for NRI Investments

GIFT City, India’s first International Financial Services Centre (IFSC) located in Gujarat, is fast emerging as a strategic hub for global investors, particularly non-resident Indians (NRIs).

It offers NRIs a seamless platform to invest in India across various asset classes like offshore banking, global equities, Alternative Investment Funds (AIFs), and REITs—without the need to convert foreign currency into INR, effectively reducing currency risk. The GIFT IFSC framework provides simplified taxation benefits, including zero withholding tax, TDS, or GST on investments. It allows full repatriation of funds in foreign currency without the need for an Indian bank account and enables remote access to investment opportunities, making it convenient for NRIs worldwide. Designed primarily for high-net-worth and institutional investors, GIFT City mandates a minimum AIF investment of USD 150,000. Overall, it serves as a tax-efficient, flexible, and secure entry point for NRIs to participate in India’s high-growth economic landscape.