FPSB-Aligned Financial Planning for NRIs

Financial Planning

Financial planning is not a luxury but a necessity — especially for NRIs juggling dual-country obligations. Without a robust plan, NRIs often overpay taxes by missing DTAA benefits, park funds in low-yield NRO accounts, or ignore FEMA repatriation limits. NRIQ's service follows the globally acclaimed Financial Planning Standards Board (FPSB) 6-step process, tailored exclusively for NRIs.

The FPSB 6-Step Process — NRIQ-Adapted for NRIs

1

Establish & Define the Relationship

Free 30-min video consult — clarify scope, sign agreement, and set expectations for confidentiality under the FPSB code.

2

Gather Client Data & Goals

Collect comprehensive info — income (NRE salary), assets (NRO/FD), liabilities, family details, risk tolerance. Set SMART goals like "₹2 crore home by 2030."

3

Analyse Current Situation & Identify Problems

Review cash flows, net worth; spot gaps — e.g., no term insurance, over-reliance on low-yield FDs. Stress-test via inflation/FX scenarios.

4

Develop & Present Recommendations

Craft a holistic plan: goal timelines, asset allocation (e.g. 50% equity MF, 30% debt, 15% gold), contingency fund, insurance audit, and SEBI-compliant investment roadmap.

5

Implement the Plan

Coordinate execution — open demat/PoA, buy policies, start SIPs via NRI-friendly platforms. NRIQ handles all KYC/FEMA paperwork.

6

Monitor & Review

Quarterly dashboard checks; annual deep-dive for life events (job change, tax shifts). Adjust allocation, rebalance portfolio, file ITRs/DTAA claims.

Real-World NRI Examples

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Retirement Corpus

A 45-yr-old US techie targets ₹5 crore by 60 — NPS Tier-I, equity-to-debt shift with age, DTAA-optimised.

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Child's Education

London MBA costing ₹50 lakh in 5 years — monthly SIPs at 12% CAGR outpace FDs, rupee-cost averages forex risk.

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Emergency Buffer

12-month expense fund in liquid funds prevents distress-selling stocks during unforeseen job loss.

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Real Estate & Estate

Jaipur villa purchase via ELSS for 80C deductions; trusts/wills structured to bypass probate delays.

Transparent Pricing

Financial Plan — MembersFree
Financial Plan — Non-MembersUSD 19
Plan Implementation — MembersFree
Plan Implementation — Non-MembersUSD 49 one-time
Yearly RenewalNIL

Fully virtual — Consult → Data upload → Plan in 2 weeks → Implement → Quarterly reviews.

Reclaim Control of Your NRI Finances

Start your free FPSB-aligned financial planning session today — fully virtual, FEMA/SEBI compliant.

Schedule Free SessionBecome a member