Global Investors now have a superior alternative to traditional offshore accounts with GIFT City's International Financial Services Centre (IFSC). This unified hub in Gandhinagar consolidates banking, wealth management, insurance, and investments under IFSCA's investor-friendly regulations, slashing costs and boosting efficiency.​

GIFT IFSC: A One-Stop Financial Ecosystem

GIFT City streamlines Investments like no other jurisdiction, operating in foreign currencies (USD, EUR) with seamless repatriation and zero FEMA barriers. NRIs access IFSC banks for high-yield savings, wealth platforms for portfolio advisory, insurance products like unit-linked plans, and diverse investments—all regulated cohesively by IFSCA for reduced compliance hassles.​

Over 25 banks, including HDFC and ICICI International, plus wealth managers like Kotak and Aditya Birla, create a full-service environment rivaling Singapore or Dubai but with direct ties to India's growth engine.​

Banking Revolutionized for Global Investors and NRIs

Ditch fragmented offshore setups for GIFT's IFSC accounts offering 4-5% interest on USD deposits, free remittances under LRS, and multi-currency wallets. No TDS on interest for non-residents, unlike onshore India, with 24/7 digital banking and loans against global assets.​

This replaces obsolete Cayman or Jersey accounts, providing FATCA-compliant stability closer to home.​

Wealth Management Excellence

IFSC wealth firms deliver bespoke advisory, estate planning, and ESG-focused portfolios with lower fees (0.5-1% AUM) than global peers. NRIs consolidate NRE/FCNR, stocks, and alternatives here, enjoying tax pass-through on funds and real-time India market access.​

Family offices thrive with 100% NRI ownership and succession planning tools under a single regime.​

Insurance and Risk Coverage

GIFT's insurance arms offer offshore-style term, health, and investment-linked policies in USD, exempt from GST and service taxes. Premiums qualify for repatriation, with riders for global coverage—ideal for NRIs insuring families across borders.​

Payouts face minimal withholding (5-10%), far below many jurisdictions.​

Investments: AIFs, Funds, and More

From Category I/II AIFs (VC/PE) to mutual funds and bonds, GIFT provides tax-efficient channels: 10% dividend tax, exempt cap gains on select assets, no STT/stamp duty. Over 200 funds target 15%+ returns amid India's boom.​

Offshore vs. GIFT IFSC: NRI Comparison

Service	Traditional Offshore (e.g., Singapore)	GIFT IFSC (NRIs)
Regulatory Regime	Multiple (MAS + FATCA) ​	Unified IFSCA ​
Tax on Interest	15-30% withholding ​	Exempt ​
Currency Flexibility	High, but distant ​	USD+ with India linkage
Wealth/Insurance Fees	1.5-2.5% ​	0.5-1.5% ​
Onboarding Speed	4-6 weeks	1-2 weeks
India Market Access	Indirect	Direct AIFs/Funds

Switch to GIFT: Simple Steps

Remit via LRS to an IFSC bank (e.g., Deutsche Bank IFSC), KYC online, and activate services instantly. Advisors from Edelweiss or IIFL guide consolidation—unlocking 20-30% savings on taxes/fees while fueling India's 7%+ GDP surge.​

GIFT IFSC redefines NRI finance: comprehensive, cost-effective, and growth-aligned. 

Not Investment Advice. Kindly consult your Financial Advisor before making a decision.