Challenges Faced by NRIs Based in UAE and South East Asia

High earnings abroad don’t always translate into long-term financial security especially without a clear financial roadmap.

• No Retirement Corpus or Exit Strategy
  Many NRIs return to India without a well-defined retirement corpus or career transition plan, leaving them financially vulnerable post relocation.
  
  
• Lack of Goal-Based Financial Planning
  Savings are often accumulated without linking them to specific goals such as retirement, children’s education or a return-to-India strategy leading to financial stress and inefficient use of resources.
  
  
• Reliance on Informal Financial Advice
  Decisions are frequently based on inputs from peers, friends or bank staff often resulting in over-investments in ULIPS or unsuitable insurance products.
  
  
• Inadequate Health Insurance Coverage in India
  NRIs often overlook the need for personal mediclaim policies in India, depending solely on employer provided insurance which lapses upon job exit and isn’t portable back home. Overexposure to Real Estate NRIs tend to over-invest in real estate driven by emotional or family pressure, often overlooking liquidity issues, poor returns and maintenance hassles.
  
  
• Absence of Milestone-Based Roadmaps
  Key life goals such as buying a home, planning children’s future or business startup are not supported by a structured financial plan with defined timelines.

To build lasting financial confidence, NRIs must shift from ad-hoc decisions to a goal driven milestone-based approach supported by expert advice and periodic reviews.