How To Build Wealth as an NRI (CFP Reveals Secrets) - w/ Vrishin

In this episode, my guest is Vrishin Subramaniam. Vrishin is a CFP (Certified Financial Planner) who is on a mission to help NRIs achieve financial freedom - by helping them be millionaires. Vrishin helps provide a blueprint that can be followed by anyone in the US in the capacity of a student or a working professional. We discuss: How to build wealth as a student, best practices and some common pitfalls How to build wealth as a salaried employee on OPT (and STEM OPT) How to deal with student loans Investing in India vs the US When sending remittances to home country is a good plan How to optimize investments including 401ks What to do with investments when one has to head back to home country When becoming a home-owner is a good idea Anecdotes/success stories of helping clients -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Resources: Vrishin’s LinkedIn: https://www.linkedin.com/in/vrishin/ Timestamps: (00:00) Intro and Background (03:01) Journey from Electrical Engineer to CFP (07:37) Why focus on Financial Planning for NRIs (10:16) Establishing a CFP practice (13:37) Best practices to build wealth as students (17:29) Best practices to build wealth as a full-time employee (OPT) (21:22) Investment and student loans - recommendations and playbook (26:09) Remittances to home country and why (29:06) What to do with investments while leaving US forever (35:08) Best practices to build wealth on an H1B (38:54) Home ownership - yay or nay? (42:45) Anecdotal client case-studies from Vrishin’s experience (46:50) Outro + gratitude