Vested is designed for investors interested in diversifying their investment portfolio internationally, particularly in the US stock market. The platform is accessible to Indian residents (including NRIs), allowing them to invest in US stocks and ETFs, as well as alternative investment options like INR bonds. Individuals under LRS and publicly listed companies until 50% of their net worth can open a US brokerage account.
Non-resident Indians (NRIs) can invest with Vested. To open an account with Vested, NRIs need to provide their PAN card or passport, proof of address like a bank statement, and their tax ID from the country where they are currently a tax resident. Funding the account can be done in two ways: transferring from an Indian bank account or wiring funds from a non-Indian bank account. The beneficiary details for these transfers are available in the Fund Transfer section on the Vested platform.