How to Buy US Stocks from India?
Step by Step Guide
Many Indian investors are curious about investing in companies like Apple, Amazon, Google, Tesla, and Microsoft. These brands are not just global leaders but also household names in India. The good news is that Indians can legally buy US stocks while living in India. If you’re wondering how, this guide will walk you through everything step by step.
Can Indians Really Invest in US Stocks?
Yes, absolutely. Under the Liberalised Remittance Scheme (LRS) of the Reserve Bank of India, Indian residents can send up to $250,000 per financial year abroad for investments, including stocks listed in the United States. This makes it completely legal and safe to invest.
Why Consider US Stocks?
- Access to the world’s most innovative companies.
- Global diversification beyond the Indian market.
- A good hedge against the falling Indian rupee.
- Long-term wealth creation with stable global brands.
Step-by-Step Process to Buy US Stocks from India
Step 1:- Select the Right Platform
There are mainly two types of options available:
- Indian brokers with global tie-ups: ICICI Direct Global, HDFC Securities Global, Kotak Securities.
- International investing apps available in India: INDmoney, Vested Finance, Groww (US stocks), and similar platforms.
These apps or brokers open your account with a US-based partner, so you can directly trade in American markets.
Step 2:- Open an Account
Just like in India, you need to complete KYC verification. This usually includes your PAN, Aadhaar, and bank account details. Once approved, you’ll get access to a US brokerage account.
Step 3:- Add Funds
- Transfer money from your Indian bank account to your brokerage account abroad under RBI’s LRS rule.
- This is mostly done via wire transfer.
- Many apps simplify this step so you can fund directly through their platform.
Step 4:- Start Investing in US Stocks
- Now you can search for companies such as Apple, Tesla, or Microsoft and buy their shares.
- You don’t always need to buy a full share. Fractional investing allows you to buy even $10 worth of a stock.
Step 5:- Track Your Portfolio
- After purchase, you can monitor your portfolio within the app.
- You can sell your holdings anytime.
- When you withdraw, funds go back to your US brokerage account and then to your Indian bank account.
Tax Rules You Should Know
Dividends: 25% tax is deducted in the US before you receive it.
Capital Gains:
- Profits must be reported in your Indian income tax return.
- Thanks to the India–US tax treaty, you don’t pay double tax.
Best Apps for Beginners
- If you’re just starting out, these platforms are considered beginner-friendly:
- INDmoney – Smooth interface, easy for new investors.
- Vested Finance – A dedicated platform for US stock investing.
- Groww – Already popular in India, now offers US stocks too.
- ICICI Direct Global – Trusted brand for those who prefer bank-backed brokers.
Final Thoughts
Yes, Indians can invest in US stocks without any difficulty. With the rise of apps like INDmoney, Vested, and Groww, the process has become quick and simple. The key is to start small, diversify your investments, and understand the taxation rules clearly.
This way, you can own a piece of companies you use daily—whether it’s an iPhone, Google search, or Amazon shopping—and build wealth globally.
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