Invest in USD. Exit in USD. Two days home.
GIFT City lets NRIs access Indian growth through a dollar-denominated, IFSCA-regulated route, without the rupee conversion and banking paperwork of the mainland.
Six structural wins.
Depends on your country of residence and its treaty with India, often lighter than the mainland's 20% short-term.
Invest and redeem in dollars. No rupee conversion on either leg.
USD to USD in roughly two days. No NRO/NRE, no FEMA, no 15CA/15CB.
STT, CTT and stamp duty are all exempt at GIFT City.
Skip the NRO/NRE account paperwork that slows mainland investing.
A dedicated regulator for India's international financial services centre.
The difference is the exit.
Mainland redemptions mean rupee conversion, 15CA/15CB filings and weeks of waiting. GIFT City stays in dollars, start to finish.
USD to USD. No Indian banking step.
Bars drawn to the same day scale. USD to USD in roughly two days: no NRO/NRE, no FEMA, no 15CA/15CB.
Every leg, side by side.
| Leg | GIFT City | Mainland route |
|---|---|---|
| Money in | USD, no rupee conversion | FX on the way in |
| Capital gains | Treaty-based · depends on your residence | 20% ST / 12.5% LT |
| Transaction taxes (STT · CTT · stamp) | ₹0 · exempt | 0.1–0.5%/trade |
| Exit filings | No FEMA, no 15CA/15CB | 15CA/15CB per exit |
| Getting money home | ~2 days, USD to USD | 30–60 days |
| Banking setup | None | NRO/NRE paperwork |
| Regulator | IFSCA | SEBI |
Eligibility and treatment depend on the specific fund and your country of residence.
Nyra reads the fine print before you wire a dollar.
Every strategy on the shelf, scored on the same 0–10 basis, with every answer citing its source. Ask her which route fits.
What NRIs ask first.
Invest and redeem in dollars, no rupee conversion on either leg. On exit it is USD to USD in roughly two days, with no NRO/NRE, no FEMA and no 15CA/15CB.
Related guides.
See the GIFT-City funds that fit you.
General information, not tax advice. Eligibility and treatment depend on the specific fund and your country of residence. Confirm with a qualified cross-border adviser before investing.