i am 62 years old indian resident and planing to gift a ULIP to my grand daughter,who is a citizen of New Zealand.she would be the policy holder.can she take back maturity proceeds to NewZealand.
I am not sure what legal rights she has as I am not familiar with New Zealand or Indian law. I'd suggest contacting a financial advisor or tax attorney to find out what you can and cannot do.
Got an answer for avneesh86d? Would you like to comment on the posted answers, or vote for the one which you think is the best?
Sign up for a free account, or sign in (if you're already a member).
Other people asked questions on similar topics, check out the answers they received: