This landmark deal is expected to increase bilateral trade by £25.5 billion annually between the two countries.India will gain from tariff elimination on about 99% of the tariff lines covering almost 100% of the trade value offering huge opportunities for increase in the bilateral trade between India and the UK.
While it will help raise the UK’s GDP by £4.8 billion.For Indian HNIs and family businesses, the FTA paves the way for enhanced market access, cross-border investments, lifestyle mobility, and strategic partnerships.It also opens opportunities in sectors such as technology, healthcare, financial services, professional services and real estate—all of which have historically been preferred by Indian investors.From a regulatory and structuring perspective, India’s evolving capital control regime further facilitates global wealth participation.With the Liberalised Remittance Scheme (LRS) allowing up to USD 250,000 per individual every financial year and updated Overseas Investment Laws, enabling Overseas Direct Investments (ODI) and Overseas Portfolio Investments (OPI) by Indian entities , Indian residents are now well-positioned to establish legitimate and tax-compliant global holdings whether for business or investments goals.The GIFT City , India’s first International Financial Services Centre (IFSC) has emerged as a complementary hub—offering zero capital gains tax (for eligible investors), no stamp duty, and access to global markets through IFSC registered structures.
It now acts as a regulatory bridge, enabling seamless investment into jurisdictions like the UK.As global wealth flows become more complex and interconnected, the UK continues to offer Indian HNIs a robust, opportunity-rich platform—albeit with new considerations.With the right planning partner, Indian families can unlock these benefits with clarity, compliance, and strategic foresight.
(The author is Managing Director – Wealth Planning & Family Solutions, LGT Wealth India): Recommendations, suggestions, views, and opinions given by experts are their own.
These do not represent the views of the Economic Times)