Overseas Pakistanis can benefit from investing in Pakistan Stock Exchange (PSX) by opening a Roshan Equity Investment account (REI). This account has been launched under the Roshan Digital Account (RDA) umbrella by the State Bank of Pakistan (SBP) and RDA offering banks.
Any overseas Pakistani who has a Roshan Digital Account can open an REI account within the RDA account dashboard by selecting the REI option in his/ her RDA portal or application. The next step involves selecting the preferred brokerage house and accepting the terms and conditions. Thereafter, the account holder transfer funds into his/ her REI account (CDC Account) and can invest on Pakistan Stock Exchange.
Roshan Equity Investment account is an excellent option for overseas Pakistanis to not only invest in Pakistan’s stock market but also to repatriate their invested funds as well as dividend income easily and without any hassle. The REI account holder can do so without requiring any permission(s) from the SBP or the RDA offering banks.
Availing the REI option opens up a window of opportunity for non-residential Pakistanis to build their wealth within Pakistan and reap the benefits offered by Pakistan’s capital market. The current valuations of stock prices in PSX are amongst the most attractive ones in the region. At the same time, companies listed on PSX are offering some of the highest dividend yields as compared to our regional counterparts.
For more information on REI, visit the PSX website at: https://www.psx.com.pk/psx/resources-and-tools/investors/rda-roshan-equity-investment-nrps The above webpage also includes the list of banks and brokerage firms offering REI facility, apart from more information and FAQs to guide overseas investors in investing on PSX through REI.