The genesis of De Emerald’s services offerings can be traced back to the founder Ramnath Rao’s personal experiences working overseas in Singapore.

During his time in Singapore in the late 2000s, he was very keen to remit – and more importantly – invest his earnings in the Indian equity markets to build his portfolio and grow his wealth. Unfortunately, in that period, financial planning and wealth management services for NRIs were not particularly evolved, much less advanced. The only ‘investment’ advice available to him at the time came from his bank’s relationship manager or via stockbroker ‘hot tips’. None of these services were structured or disciplined; and they were definitely not designed to generate wealth. 

The entire time that Ramnath was in Singapore, he did not file his Income Tax returns in India and neither did he open any NRE or NRO accounts. This is typical behaviour for most Indians who leave the country in a hurry to take up lucrative assignments abroad. In almost every case, organising these bank accounts and meeting compliance requirements becomes a lower priority once they reach their new country of residence.

Millions of global NRIs face these same challenges in their adopted countries, with no way to resolve them in a satisfactory manner.

On the contrary as a foreign professional working in Singapore, he could invest with confidence in the local equity markets due to the professional investment advisory services he engaged. This advisory help him invest his earnings prudently and generate wealth

To help NRIs and Foreign Professionals, in India, navigate these issues, he founded De Emerald Partners in 2016