How to Invest in Apple, Amazon, and Google Stocks from India: A Step-by-Step Guide

Are you interested in investing in international stocks of leading brands like Apple, Amazon, and Google, right from India? In this comprehensive guide, we will show you how to do just that.
Many investment experts advise putting your money into stocks of companies you know and trust. Brands like Apple, Facebook, Amazon, Google, and Starbucks are familiar to most of us, making them appealing investment options. In this article, we’ll explain how you can invest in the stocks of your favorite international brands, such as Apple, Google, and Amazon, directly from India.

Also read: How to Invest in Facebook, Google, Amazon, Apple, Microsoft Stocks from India?

Why Invest in Foreign (Amazon, Google, Facebook) Stocks?

Investing in stocks of U.S. companies, such as Amazon, Google, and Facebook, serves multiple purposes. Firstly, it allows you to hedge against fluctuations in the Indian rupee. Secondly, it offers geographical diversification for your investment portfolio. Additionally, investing in well-known global brands in which you have confidence can be emotionally satisfying and potentially profitable.

How to Invest in International Stocks From India:

Investing in international stocks from India is made possible through the Reserve Bank of India’s (RBI) approved Liberalised Remittance Scheme (LRS) route. The LRS route permits investments of up to $250,000 per year in the U.S. If you wish to buy specific stocks, you can complete your Know Your Customer (KYC) process through Indian investment apps like Cube, making the investment process straightforward. Here are the steps:

  1. Download the app.
  2. Complete the KYC process.
  3. Fulfill the LRS formalities.
  4. Transfer funds.
  5. Start investing by setting your investment amount and buying your desired stocks.

Cube Wealth allows you to invest in U.S. stocks with a minimum investment of just $1, and you can buy individual stocks or multiple stocks together.

Investment Limits for Indians in Shares Listed Abroad:

As per RBI’s Liberalised Remittance Scheme (LRS), Indians can invest up to $250,000 per year abroad. With the current exchange rate of $1 = Rs. 75.59, an Indian can invest nearly Rs. 1.88 Crores overseas every year via the LRS route, which is sufficient for most individual investors.

Tips for Investing in Amazon, Google, Facebook Shares:

When investing in stocks abroad, consider the following:

  1. Seek advice from an expert with a proven track record.
  2. Invest using an RBI-regulated broker.
  3. Be mindful of currency exchange rates.
  4. Use a reputable app/platform like Cube Wealth.
  5. Conduct thorough research and due diligence.
  6. Maintain a balanced portfolio.
  7. Avoid over-diversifying by buying too many stocks.

Stock Information at a Glance:

Here is some key information about the stocks of Apple, Amazon, and Google:

Also read: Yes Bank Shares Surge Amidst Reports of Subhash Chandra Settlement

Frequently Asked Questions (FAQs):

Can I invest in Google from India?

  • Yes, you can invest in Google/Alphabet from India using the RBI-approved Liberalised Remittance Scheme route. We recommend using a trustworthy platform like Cube Wealth for this.

Can you buy shares of Amazon?

  • Yes, you can buy Amazon stocks from India using the Liberalised Remittance route permitted by the RBI. We recommend using a trustworthy platform like Cube Wealth.

How do I buy Amazon stock directly?

  • You can directly buy these stocks through a broker. We recommend using a trustworthy platform like Cube Wealth to purchase Amazon stocks from India, facilitated by the RBI’s Liberalised Remittance Scheme.

Can I invest in Dow Jones from India?

  • Yes, you can invest in DOW JONES (DJI) from India. To purchase U.S. equities, you can use the Cube Wealth App, which has partnered with Stockal to make buying U.S. stocks from India easy.

What is Apple share price in India?

  • As of 11-02-2022, the Apple (AAPL) stock price was $168.64, with a market capitalization of $2.75 trillion.

What is Amazon share price in India?

  • As of 11-02-2022, the Amazon (AMZN) stock price was $3,065.87, with a market capitalization of $1.56 trillion.

Investing in international stocks of renowned companies is now accessible to Indian investors, offering both diversification and growth potential. Follow these steps, and you can invest in your favorite global brands from the comfort of your home in India.

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