Investment Plans for NRIs in Australia

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What are Investment Plans for NRIs in Australia?

Investment Plans for NRIs in Australia are India-issued financial solutions that help Non-Resident Indians build wealth while living overseas. These plans include savings plans, guaranteed return plans, ULIPs, mutual funds, deposits, equity investments, and real estate opportunities.

For many Indians living in Australia, long-term financial goals often remain connected to India. Whether you are planning for your child's education, retirement, purchasing property, or building a financial legacy, investing in Indian rupee-denominated plans can help you create wealth for these important milestones. Investment-linked life insurance plans also provide the added advantage of life cover alongside wealth creation, helping safeguard your family's future while your investments continue to grow.

As per the 2021 Australian Census, nearly 9,76,000 people trace their ancestry to India, making the Indian community one of the fastest-growing migrant communities in Australia. As a result, many NRIs continue to invest in India to support long-term financial goals while benefiting from India's growing economy.

What are your investment options as an NRI in Australia?

NRIs in Australia have access to several investment opportunities in India depending on their financial goals, investment horizon, and risk appetite. From market-linked investments to guaranteed savings solutions, every option serves a different purpose. Investment-linked insurance plans offer an additional advantage by combining wealth creation with life insurance protection.

Create a predictable corpus with guaranteed maturity benefits while enjoying life insurance protection throughout the policy term. Suitable for planned financial milestones such as children's education, retirement planning, or long-term wealth creation.

→ Explore

Why invest with Ageas Federal Life Insurance from Australia?

Whether you are building wealth for your family, planning major financial milestones in India, or preparing for your eventual return, Ageas Federal helps you invest with confidence through solutions designed specifically for eligible NRIs.

Why Ageas Federal?

  • Global Investment Access:Invest in India from Australia through a simple and convenient digital process.
  • Remote Video KYC: Complete your onboarding process without travelling to India.
  • Digital Policy Servicing: Invest, monitor, and manage your policy online from anywhere in Australia.
  • NRE & NRO Investment Support:Invest seamlessly through eligible Indian bank accounts.
  • Federal Bank Partnership: A trusted joint venture regulated by IRDAI.
  • Dedicated NRI Assistance: Specialised support designed for customers living overseas.

How can NRIs in Australia invest in India?

Step 1: Choose Your Banking Route

Open or use your existing NRE or NRO account based on your source of income and financial requirements. These accounts facilitate investments and eligible policy payouts.

Step 2: Complete Digital KYC

Submit the required documents, including your passport, Australian visa or residency proof, PAN or Form 60, along with identity verification through the remote KYC process.

Step 3: Select the Right Investment Plan

Choose an investment plan that aligns with your financial goals, whether you are looking for guaranteed savings, market-linked growth, retirement planning, or creating wealth for your child's future.

Step 4: Invest and Manage Online

Complete your investment digitally, monitor your policy online, and manage eligible fund switches from anywhere in Australia.

Flexible Investment Choices

Every financial goal requires a suitable investment strategy. Guaranteed return plans are ideal for investors seeking predictable maturity benefits, while ULIPs are designed for those looking for market-linked growth over the long term. Child and retirement plans help create dedicated goal-based savings while offering life insurance protection.

Trusted Indian Life Insurance Partner

Ageas Federal Life Insurance is an IRDAI-regulated life insurer and a joint venture between Federal Bank and Ageas. Your investment is backed by a trusted Indian insurer while eligible policy benefits are paid in Indian Rupees through the applicable banking channels.

Tax Efficiency

Individual life insurance premiums attract 0% GST from 22 September 2025. Eligible investors may also benefit from provisions available under the India-Australia Double Taxation Avoidance Agreement (DTAA), subject to applicable laws and their individual tax status.

Build Wealth in Indian Rupees

While your income may be earned in Australian Dollars (AUD), many of your long-term financial goals may still be centred in India. Investing in Indian Rupees helps build a dedicated corpus for education, retirement, purchasing property, and other future milestones without relying entirely on future exchange rate movements.

Who can invest in India as an NRI based in Australia?

Simple And Convenient

Starting your investment journey from Australia is simple and convenient. Ageas Federal offers a streamlined digital process that allows eligible NRIs to invest in India without travelling back to the country.

Age Eligibility

Entry age generally ranges from 18 to 66 years, depending on the selected plan.

Eligible Status

NRIs, OCIs, and PIOs residing in Australia can apply, subject to applicable regulations.

Income & KYC Requirements

Applicants must provide valid income proof, passport, Australian visa or residency proof, PAN or Form 60, along with any additional documents wherever applicable.

Bank Account Requirement

Investments are made through eligible NRE or NRO accounts in accordance with prevailing regulations.

Final Eligibility

Final eligibility depends on the selected investment plan, age, financial profile, country of residence, documentation, and underwriting requirements.

Benefits of Investment Plans for NRIs in Australia

Investment Plans for NRIs in Australia help you build wealth in India while staying financially connected to your long-term goals. Whether you are planning for retirement, your child's education, or creating a legacy for your loved ones, these plans combine disciplined investing with financial protection.

Build a Corpus in Indian Rupees

Many future goals such as purchasing a home, funding higher education, or retiring in India require savings in Indian Rupees. Investing directly in India helps you create a dedicated corpus for these milestones.

Life Cover Along with Wealth Creation

Unlike standalone investment products, investment-linked insurance plans combine long-term savings with life insurance protection. Your family's financial future remains protected even if life takes an unexpected turn.

Investment Choices for Different Risk Profiles

Choose from guaranteed return savings plans for stability or market-linked ULIPs for long-term growth potential. Goal-based child and retirement plans provide additional flexibility based on your financial priorities.

ULIP returns are market-linked. The investment risk in the investment portfolio is borne by the policyholder. ULIPs have a mandatory five-year lock-in period.

0% GST on Individual Life Insurance Premiums

Individual life insurance premiums attract 0% GST effective from 22 September 2025, making eligible insurance-linked investment plans even more attractive.

Fully Digital Investment Journey

From onboarding and KYC to policy servicing and investment tracking, eligible NRIs can manage their investments remotely from Australia.

Continue Your Plan Even After Returning to India

If you relocate to India in the future, your investment plan can continue without requiring you to start over. You simply need to update your residency and banking details with the insurer.

NRI Investment Plans for Every Goal

Every financial goal deserves an investment plan that matches its timeline and purpose. Whether you are looking for guaranteed savings, long-term market participation, retirement planning, or creating a dedicated corpus for your child's future, Ageas Federal offers investment solutions designed around your financial objectives. .

Use the investment calculator to estimate your contributions and choose a plan aligned with your goals. The projected values are illustrative and depend on the selected investment option.

→ Calculate Returns

Should you invest in India or locally in Australia?

The answer depends on where your long-term financial goals are based. If your future plans involve India, such as buying a home, funding your children's education, supporting your family, or retiring there, an India-issued investment plan can help you build your savings directly in Indian Rupees.

Investment FactorIndia-issued Investment PlanLocal Investment Options
Investment CurrencyIndian Rupees (INR)Australian Dollar (AUD) or other currencies
Financial GoalIndia-based goalsAustralia or overseas goals
Remote InvestmentAvailable for eligible NRIsDepends on local provider
NRE/NRO BankingSupportedNot Applicable
Tax ConsiderationIndia-Australia DTAA may apply Subject to Australian tax regulations
Regulatory AuthorityIRDAIRelevant Australian Regulatory Authority

Ageas Federal currently offers investment plans issued in Indian Rupees. If your long-term financial goals are based in India, an INR-denominated investment can be a practical choice. If your future goals are permanently outside India, an international investment solution may complement your overall portfolio.

What should NRIs in Australia check before investing in India?

Before selecting an investment plan, it is important to evaluate whether it genuinely supports your financial objectives rather than choosing solely based on expected returns.

1. Define Your Financial Goal

Start by identifying the purpose of your investment. Whether you are planning for retirement, purchasing property, funding higher education, or creating a legacy, your investment horizon and target corpus should guide your decision.

2. Match the Plan with Your Time Horizon

Long-term goals may benefit from market-linked investment options such as ULIPs, whereas guaranteed savings plans may be more suitable for goals with a fixed timeline.

ULIPs are market-linked investments. The investment risk is borne by the policyholder and includes a mandatory five-year lock-in period.

3. Provide Accurate Information

Your residency status, financial details, income, and medical information (where applicable) should always be disclosed accurately. This helps ensure smooth policy issuance and servicing throughout the policy term.

4. Understand the Tax Rules

Investment taxation differs across financial products. Before investing, understand the applicable Indian tax provisions and the benefits available under the India-Australia Double Taxation Avoidance Agreement (DTAA). Professional tax advice is recommended based on your individual financial circumstances.

Start Investing in About 10 Minutes

Step 1

Step 1

Share your basic details, financial goals, income information, and NRI status.
Step 2

Step 2

Choose the investment plan that best aligns with your financial objectives.
Step 3

Step 3

Complete your remote KYC verification.
Step 4

Step 4

Invest online and conveniently manage your policy digitally from Australia.

Check Your Eligibility to Invest from Australia

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EntryAge 18-66 years
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ResidencyNRI / OCI / PIO residing in Australia
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KYCPassport, Australian Visa / Residency Proof, PAN or Form 60
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BankAccount NRE or NRO Account Required
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IncomeProof

Salary Slips, Employment Letter, or Bank Statements

Who Can Apply?

Open to a wide spectrum of global Indians — confirm your eligibility in under 60 seconds.

  • ✔ Non-Resident Indians (NRIs)
  • ✔ Overseas Citizens of India (OCIs)
  • ✔ Persons of Indian Origin (PIOs)
  • ✔ Indian citizens working in Australia on employment assignments


How can NRIs in Australia pay for Investment Plans?

NRE or NRO Account

The most common investment route is through your NRE or NRO account. These accounts allow you to make investments in accordance with applicable banking and regulatory guidelines while also facilitating eligible policy payouts.

Foreign Currency Remittance

Eligible investors may remit funds from Australia, which are converted into Indian Rupees (INR) through the applicable banking channels before being invested in the selected plan, wherever permitted

Auto-Debit Facility

You may also choose automated premium payments to ensure your investment journey remains uninterrupted. Regular contributions encourage disciplined investing and help keep your policy active throughout the selected policy term.

How are NRI investments in India taxed for Australia residents?

Capital Gains Tax:

Understanding taxation is an important part of investing in India. For NRIs residing in Australia, taxation generally depends on the type of investment, applicable Indian tax laws, and the provisions of the India-Australia Double Taxation Avoidance Agreement (DTAA). Tax treatment may vary depending on your financial profile, so seeking professional tax advice is recommended.

Returns earned from investments such as equity, mutual funds, real estate, or other capital assets may be subject to capital gains tax in India. Certain exemptions may be available under the Income Tax Act, subject to applicable conditions.

Tax Benefits on Life Insurance Plans:

Life insurance plans have a separate tax treatment from general investment products. Eligible maturity and death benefits may qualify for tax benefits under the applicable provisions of the Income Tax Act, subject to prevailing rules and conditions.

Tax Deduction on Premiums:

NRIs having taxable income in India may be eligible to claim deductions on qualifying life insurance premiums under the applicable provisions of the Income Tax Act, subject to prescribed limits and the tax regime selected.

DTAA Benefits:

The India-Australia Double Taxation Avoidance Agreement (DTAA) helps reduce the possibility of the same income being taxed twice. Eligible investors may claim applicable relief by fulfilling the required documentation and regulatory requirements.

Individual life insurance premiums attract 0% GST effective from 22 September 2025.

Disclaimer:Tax laws are subject to change and depend on your individual circumstances. Ageas Federal Life Insurance does not provide tax advice. Please consult a qualified tax advisor before making investment decisions.

Documents Required & How to Start

Trusted by NRI Families

Thousands of NRIs across the world trust Ageas Federal for their long-term financial planning needs. Whether you are living in Australia or any other part of the world, explore genuine customer experiences and discover how our investment solutions help families stay financially connected with India while working towards their future goals.

Trusted by NRI Families Worldwide

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Which Ageas Federal Investment Plan Fits NRIs in Australia?

Whether your objective is wealth creation, guaranteed savings, retirement planning, or building long-term financial security for your loved ones, Ageas Federal offers investment solutions designed around different life goals.

Why Choose an Ageas Federal Investment Plan?

  • Savings and investment options designed for different financial goals
  • Remote onboarding and digital policy servicing for eligible NRIs
  • Life insurance protection available with eligible investment plans

→ Calculate Returns

Need Assistance?

Speak with our dedicated NRI investment specialists to understand the available investment options and choose a plan that best aligns with your financial goals.

Share Your Experience

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Share your investment experience and help fellow NRIs in Australia make informed financial decisions. Every review is moderated before publication to maintain authenticity and relevance.

Promises Made Possible

Discover how Ageas Federal has helped customers achieve important financial milestones through savings, protection, retirement, and investment solutions designed for different stages of life.

About Ageas Federal Life Insurance

Ageas Federal Life Insurance is an IRDAI-regulated life insurance company and a joint venture between Federal Bank and Ageas. With solutions across protection, savings, retirement, investment, annuity, and health insurance, the company serves customers in India and abroad through digital servicing designed for NRIs.

With solutions across protection, savings, retirement, investment, annuity, and health insurance, the company serves customers in India and overseas through digital servicing designed for eligible NRIs, including those residing in Australia. .

Ageas Federal continues to help individuals and families build financial confidence through solutions tailored to different life stages and long-term financial aspirations.

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Ageas Federal Is A Trusted Life Insurance Partner

At Ageas Federal Life Insurance, we are dedicated to creating meaningful insurance solutions that help individuals build a secure and confident future. With over a decade of experience, we offer a wide range of plans across protection, pension, savings, investment, annuity, and health, designed to support evolving financial needs at every stage of life.

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Frequently Asked Questions

Yes. Eligible NRIs can invest in India remotely by completing the required KYC process and investing through their NRE or NRO account. Depending on the selected investment plan and underwriting requirements, most of the application process can be completed online.

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Ageas Federal Life Insurance Company Limited is an IRDAI-regulated life insurer. Investment-linked insurance plans are subject to the terms and conditions of the respective policy.

For Unit Linked Insurance Plans (ULIPs), the investment risk in the investment portfolio is borne by the policyholder. ULIPs are subject to a mandatory five-year lock-in period. Past performance is not indicative of future performance.

Any figures generated through online calculators are illustrative in nature and should not be considered guaranteed returns.

Tax benefits, GST provisions, and benefits available under applicable laws are subject to amendments in tax regulations and individual eligibility. Customers are advised to consult qualified financial and tax professionals before making investment decisions.

Please read the sales brochure and policy document carefully before purchasing any insurance product.