Yes! In 2004, the Government of India started the Liberalized Remittance Scheme (LRS) to enable Indians to send money abroad for a number of reasons. Investing in overseas markets is one of the main stated reasons. All investments through Appreciate will fall under this LRS regime and are thus completely legal. You can invest upto US $250,000 per person.
Is it really legal to invest overseas? Print
Created by: Yogesh Kansal
Modified on: Thu, 6 Aug, 2020 at 5:43 AM
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