even we are in Pakistan but we cant reinvest our USD certificate amount again and again???? Can you answer this plz . actually this was his question. Recently i have seen RDA account also started for Pakistani citizen .
AOA Wali Bhai, recently exchange rate has been changed for RDA holders. Before it was one exchange rate for everyone but now if you are sending into RDA then rate is less compared to normal account in Pakistan. Just curious to know the reason or if it's only happened in specific countries? Thanks
Aoa Wali Sahib, RDA can carry long time even finish overseas job and went back home , after six month Non Resident status will be finished, so please Can you guide me, I can use RDA benefits like NPC investment rates ,if my status change from NRP to normal resident, thanks
@@humayunnazir3248 yes you can, but as mentioned in the video, do check with the lawyer + some conditions apply as mentioned in the link in the description
I checked but didn't get reason able answer, please you can verify through SBP , only want to know ,if Non Resident person become a resident person, how long can keep RDA for NPC investment, even can keep five years or forever just want to know thanks
@@humayunnazir3248 Upon return to Pakistan an NRP would have two options: (A) Continue to maintain RDA - in that case all privileges available in RDA would be available going forward to the extent of balance available in RDA or any investment done through it, that is the disinvestment proceeds can be received in RDA. The status of the account would remain repatriable. The customer would have liberty to use it domestically or internationally. However, no domestic funds would be allowed to be deposited in these. No further investments would be permissible through PKR RDA. For RDA in FCY, if the customer has assets abroad that have been declared with FBR these could be used to fund FCY RDA and invest in FCY GOP securities. Along with above, if customer receives domestic funds the customers would be required to have a resident rupee account and operate it accordingly. (B) Change the status of RDA to resident. In case the customer chooses to convert its RDA into a resident account, the privileges especially that of repatriation attached to the account would not be available. However, the disinvestment proceeds of already invested funds could be received in the accounts. The account could be used freely as resident account.
@@humayunnazir3248 even we are in Pakistan but we cant reinvest our USD certificate amount again and again???? Can you answer this plz .i think we can reinvest our certificate amount but we cant make new deposit in RDA. Actually this was his question. Recently i have read this news .... RDA account also started for Pakistani citizen . Contact with Meezan bank
Hi, thanks for your informative videos. I have a question. Can we create a USD certificate from a PKR RDA account? I noticed in the app that when you proceed to create a certificate, it gives options for selecting the currency, but I'm not sure if ot works. Could you kindly guide me on this? I live in Canada. If a USD account is required for this, I'm unsure if creating a USD certificate is profitable because there's a significant spread between USD and CAD here (banks do not give good exchange rate), and after conversion, the value becomes less. Additionally, repatriation charges and other expenses would add up. If anyone from Canada is investing in USD via RDA, please guide on the best channel for transferring funds. Thank you!
I don't think so, I believe you need to have a USD account to have USD NPC certificates. However, its very easy if you already have PKR funds, you can open a USD bank account in the same bank and convert / transfer the funds from PKR to USD account if the bank is same and then apply for NPC. Repatriation expense are always there but for that you can always mitigate with higher amount so the fee does not impact that much.
السلام علیکم ۔ولی بھائی ۔ میں سعودی عرب میں ایک کمپنی میں لیبر جاب پہ ہوں میں آپ کی دوتین سال پہلے کی ویڈیوز بھی دیکھتا رہتا ہوں ۔میں اسٹاک مارکیٹ اور میوچل فنڈ میں کچھ سرمایہ لگانا چاہتا ہوں مگر اس کا طریقہ کار انتہائی پیچیدہ اور مشکل ہے بہت زیادہ تفصیلات مانگی جاتی ہیں میں خود تو بنائیں سکتا ایک دو دوستوں کے زریعے بارہا کوشش کر چکا کہ اکاؤنٹ کھلوا سکوں مگر ناکامی رہی ۔۔۔ دوسری بات کہ اگر میں میوچل فنڈ میں پیسہ لگاؤں تو کیا اس کے لیے بھی RDAکی ضرورت ہوگی یا نہیں ۔پلیز ریپلائی ضرور کیجے گا ۔۔ نیز یہ بھی بتادیں کہ کیامیں یہاں اپنے اکاؤنٹ سعودی نیشنل بنک SNB کے زریعے میوچل فنڈ میں پیسہ لگا سکتا ہوں کہ نئیں ۔۔۔❤❤❤❤
روشن ڈیجیٹل اکاؤنٹ بالکل آسانی سے کھول جاتا ہے صرف آپ کے پاسپورٹ کی کاپی اینٹری ایکزٹ سٹمپ پیپر کاپی آپ کے اقامہ آئی ڈی کاپی شناختی کارڈ ایمیل اور انٹرنیشنل موبائل نمبر میوچل فنڈ یا سٹاک مارکیٹ میں انویسٹ کرنے کے لیے پہلے آپ کا روشن ڈیجیٹل اکاؤنٹ ہونا ضروری ہے سعودی عرب کے اکاؤنٹ سے آپ ڈائریکٹ پاکستان کی مارکیٹ میں انویسٹ نہیں کرسکتے اس کے لیے آپ کا پاکستان کے لوکل بروکر کے ساتھ اکاؤنٹ ہونا ضروری ہے
RDA account main sirf ap Remittance bhej sakty han, agar shares sell karain tu kia account main paisy wapis ayen gay?
Very informative Wali Bhai❤
Ali ye sarwa ma low investment kitne sy start kr skte hain hum
Thanks for the info. 👍
Very informative.
even we are in Pakistan but we cant reinvest our USD certificate amount again and again???? Can you answer this plz . actually this was his question. Recently i have seen RDA account also started for Pakistani citizen .
After 180 days overseas Pakistani living in Pakistan becomes tax resident so rates would be different and tax will be more
AOA Wali Bhai, recently exchange rate has been changed for RDA holders. Before it was one exchange rate for everyone but now if you are sending into RDA then rate is less compared to normal account in Pakistan. Just curious to know the reason or if it's only happened in specific countries? Thanks
That's just to facilitate RDA holders
@@cricketbeyondlimitsin fact it's discouraging for overseas offering lower exchange rate to send into RDA,
@@raeesabbassyed7097 okay nevermind
Can I open RDA just as a Pakistani living in Pakistan?
i think now you can. MEEZAN now offering this , you cantact with local branch in pak
Aoa Wali Sahib, RDA can carry long time even finish overseas job and went back home , after six month Non Resident status will be finished, so please Can you guide me, I can use RDA benefits like NPC investment rates ,if my status change from NRP to normal resident, thanks
@@humayunnazir3248 yes you can, but as mentioned in the video, do check with the lawyer + some conditions apply as mentioned in the link in the description
I checked but didn't get reason able answer, please you can verify through SBP , only want to know ,if Non Resident person become a resident person, how long can keep RDA for NPC investment, even can keep five years or forever just want to know thanks
@@humayunnazir3248 Upon return to Pakistan an NRP would have two options:
(A) Continue to maintain RDA - in that case all privileges available in RDA would be available going forward to the extent of balance available in RDA or any investment done through it, that is the disinvestment proceeds can be received in RDA. The status of the account would remain repatriable. The customer would have liberty to use it domestically or internationally. However, no domestic funds would be allowed to be deposited in these.
No further investments would be permissible through PKR RDA. For RDA in FCY, if the customer has assets abroad that have been declared with FBR these could be used to fund FCY RDA and invest in FCY GOP securities.
Along with above, if customer receives domestic funds the customers would be required to have a resident rupee account and operate it accordingly.
(B) Change the status of RDA to resident. In case the customer chooses to convert its RDA into a resident account, the privileges especially that of repatriation attached to the account would not be available. However, the disinvestment proceeds of already invested funds could be received in the accounts. The account could be used freely as resident account.
@@humayunnazir3248 even we are in Pakistan but we cant reinvest our USD certificate amount again and again???? Can you answer this plz .i think we can reinvest our certificate amount but we cant make new deposit in RDA. Actually this was his question. Recently i have read this news .... RDA account also started for Pakistani citizen . Contact with Meezan bank
@@humayunnazir3248 , Dear Wali plz give more information about this or contact with some if possible,
Aoa sir agr banda wafat paa jay or us k share jo hn gy PSX main un ka kia banay ga wo bacho ko kaosy transfr hn gy thank u
@@mian9544 جیسے کسی شخص کی وراثت ورثا میں تقسیم ہوتی ہے اسی ریشو سے شئیرز بھی تقسیم ہوں گے بھائی
Hi, thanks for your informative videos. I have a question. Can we create a USD certificate from a PKR RDA account? I noticed in the app that when you proceed to create a certificate, it gives options for selecting the currency, but I'm not sure if ot works. Could you kindly guide me on this?
I live in Canada. If a USD account is required for this, I'm unsure if creating a USD certificate is profitable because there's a significant spread between USD and CAD here (banks do not give good exchange rate), and after conversion, the value becomes less. Additionally, repatriation charges and other expenses would add up.
If anyone from Canada is investing in USD via RDA, please guide on the best channel for transferring funds. Thank you!
I don't think so, I believe you need to have a USD account to have USD NPC certificates.
However, its very easy if you already have PKR funds, you can open a USD bank account in the same bank and convert / transfer the funds from PKR to USD account if the bank is same and then apply for NPC.
Repatriation expense are always there but for that you can always mitigate with higher amount so the fee does not impact that much.
السلام علیکم ۔ولی بھائی ۔
میں سعودی عرب میں ایک کمپنی میں لیبر جاب پہ ہوں
میں آپ کی دوتین سال پہلے کی ویڈیوز بھی دیکھتا رہتا ہوں ۔میں اسٹاک مارکیٹ اور میوچل فنڈ میں کچھ سرمایہ لگانا چاہتا ہوں مگر اس کا طریقہ کار انتہائی پیچیدہ اور مشکل ہے بہت زیادہ تفصیلات مانگی جاتی ہیں میں خود تو بنائیں سکتا ایک دو دوستوں کے زریعے بارہا کوشش کر چکا کہ اکاؤنٹ کھلوا سکوں مگر ناکامی رہی ۔۔۔
دوسری بات کہ اگر میں میوچل فنڈ میں پیسہ لگاؤں تو کیا اس کے لیے بھی RDAکی ضرورت ہوگی یا نہیں ۔پلیز ریپلائی ضرور کیجے گا ۔۔
نیز یہ بھی بتادیں کہ کیامیں یہاں اپنے اکاؤنٹ سعودی نیشنل بنک SNB کے زریعے میوچل فنڈ میں پیسہ لگا سکتا ہوں کہ نئیں ۔۔۔❤❤❤❤
روشن ڈیجیٹل اکاؤنٹ بالکل آسانی سے کھول جاتا ہے صرف آپ کے پاسپورٹ کی کاپی اینٹری ایکزٹ سٹمپ پیپر کاپی آپ کے اقامہ آئی ڈی کاپی شناختی کارڈ ایمیل اور انٹرنیشنل موبائل نمبر
میوچل فنڈ یا سٹاک مارکیٹ میں انویسٹ کرنے کے لیے پہلے آپ کا روشن ڈیجیٹل اکاؤنٹ ہونا ضروری ہے
سعودی عرب کے اکاؤنٹ سے آپ ڈائریکٹ پاکستان کی مارکیٹ میں انویسٹ نہیں کرسکتے اس کے لیے آپ کا پاکستان کے لوکل بروکر کے ساتھ اکاؤنٹ ہونا ضروری ہے
@Abid-Ali007 بہت شکریہ پیارے بھائی جیتے رہیے
Must be Kuwait 😅