Tag: managing finances

  • Sending Gift Money To Dubai From India – All You Need To Know

    Sending Gift Money To Dubai From India – All You Need To Know

    India is home to the largest diaspora in the world, with a number of Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs) residing outside the country’s borders. According to data from the Ministry of External Affairs, this diaspora consists of 32 million individuals. Among the destinations for expats, the United Arab Emirates (UAE), particularly…

  • Reliable Method Of Remitting Living Expenses to Dubai From India

    Reliable Method Of Remitting Living Expenses to Dubai From India

    In today’s interconnected world, it’s crucial to consider how to manage your finances when you reside in one country but have commitments or expenses in another, particularly when there is a disparity in living costs, such as between Dubai and India. Living in Dubai is considerably more expensive, with a cost of living index of…

  • Everything You Should Know About Sending Living Expenses From India To Australia

    Everything You Should Know About Sending Living Expenses From India To Australia

    Remittances from India to Australia serve as support for families back in Australia, assisting them with necessities such as education and healthcare. Over the years, there has been a rise in digital transfers, with transactions projected to reach $2.42 billion by 2023 and grow further to $2.79 billion by 2027, benefiting around 0.7 million users.…

  • Guide To Sending Living Expenses From India To Europe

    Guide To Sending Living Expenses From India To Europe

    Europe boasts a rich history and culture, with its economic prowess reflected in a staggering GDP exceeding $17.4 Trillion. The European Union (EU) stands as an economic alliance comprising 27 member nations. Within this union lies a market enabling the flow of goods, services, capital and even people across borders. Notably, Europe has attracted around…

  • Easy Way To Send Living Expenses to UK From India

    Easy Way To Send Living Expenses to UK From India

    The UK has a history of entrepreneurship that began in the 1950s, when the first wave of Indian immigrants arrived in the country. Throughout the years, this community has not only successfully integrated into society but has also achieved remarkable success in various fields, including government, academia, finance and politics. They have demonstrated their talents…

  • Foreign Remittance: Sending Gift Money To The USA From India In 2024

    Foreign Remittance: Sending Gift Money To The USA From India In 2024

    In 2023, the US emerged as the leading country in sending remittances, surpassing $100 billion. India stands as the recipient of these funds, accounting for approximately 38% of the total amount. Remittances hold significance in supporting families and businesses within the US economy while also serving as a crucial source of income for individuals residing…

  • Make Gifting Easier: Step by Step Guide For Sending Money To Canada From India

    Make Gifting Easier: Step by Step Guide For Sending Money To Canada From India

    The beauty of Canada is truly captivating, from the majestic Rockies to the embrace of the boreal forests, vast prairies and rugged Atlantic shores. The Rockies offer stunning views, hiking trails and ski resorts that attract visitors all year. This incredible landscape is a true gem that invites exploration in every season. Meanwhile, there is…

  • A Comprehensive Handbook For Sending Living Expenses To Canada From India

    A Comprehensive Handbook For Sending Living Expenses To Canada From India

    Canada has become increasingly appealing to Indians as an immigrant friendly country. It is often referred to as a “mini Punjab” due to its Punjabi population. The stability of Canada, along with its thriving economy, advanced healthcare system and esteemed education system, make it an attractive destination. Indian professionals can find economic opportunities in sectors…

  • 6 Best Banking Partners For International Money Transfers

    6 Best Banking Partners For International Money Transfers

    In 2023, India solidified its position as the leading receiver of remittances, receiving approximately $89.6 billion. This indicates the role it plays in supporting households and businesses within the Indian economy. The expected increase in remittances this year, projected to reach $95 billion, is driven by the economic growth in countries like the US and…