How to Buy Apple, Amazon, Google Stock from India?

You may have heard more than one investment guru say that you should invest in stocks of companies you know and believe in. It is however best to consult an expert advisor who can help us ascertain which stocks to buy and how to buy them.  There are of course some companies like Apple, Facebook, Amazon, Google, Starbucks that we all know and believe in.

People are fairly confident that leading brands like Apple, Google, and Amazon will continue to grow from strength to strength. This is why in this article we are going to talk about how you can buy stocks of all your favourite brands. Before we jump into understanding how you can buy Apple, Google, or Amazon stocks let’s understand why investors buy international stocks in the first place.

You can also watch this episode of The Cube Wealth Show which talks about How to Invest in the US Stock Market from India

Why Buy Foreign (Amazon, Google, Facebook) Stocks?

One of the most popular reasons people buy stocks of US Companies is to hedge against the rupee. If you invest in US Stocks you stand to gain from the strength of the dollar on top of any potentially exponential growth in the company itself.

It also ensures geographical diversification in your portfolio. Another more emotional reason to invest in international stocks is that we use these global brands on a daily basis. This gives us the confidence to bet on their growth.

How to Invest in International Stocks from India?

You can invest in international stocks from India via the Indian Government’s RBI approved LRS route. If you wish you buy specific stocks you can easily do your KYC on the Cube Wealth App. Just download the app, create your account, and pick your stocks. If you need advice a Wealth Coach will guide you through the whole process and also help you pick the right stocks for your portfolio. Let’s take an example. Here’s a step by step guide on how to buy an apple stock:

1. Login To Cube & tap "Discover"
2. Go to "All Investment Options"
3. Search & Select "Buy US Stocks On Your Own"

Fill your details & buy any US Stock you want for as little as $1.

You can then set the investment amount and buy your stock. You can also search for other stocks like Amazon, Microsoft, Berkshire Hathaway, Costco, Facebook, etc. Cube gives you the freedom to invest in US Stocks with a low minimum investment of just $1! You can buy one or multiple stocks together.

How Much Investment are Indians Allowed to Make in Shares Listed Abroad?

Indians can invest up to $250,000/Year abroad according to the RBI notification in the Liberalised Remittance Scheme (LRS). Currently $1= Rs 75 that means an Indian can invest nearly Rs. 1.9 Crores overseas every year via the LRS Route. This is more than adequate for most individual investors and ensures that large sums of money are not being moved across borders without a thorough check.

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Tips to Invest in Amazon, Google, Facebook Shares

There are some important things one should keep in mind when investing in stocks abroad:

• Ensure you are investing under the advisory of an expert with a proven track record
• Invest using an RBI Regulated broker
• Keep the currency exchange rate in mind
• Invest using a trustworthy app/platform like Cube Wealth
• Do not invest without proper research & due diligence
• Ensure you have a balanced portfolio
• Do not over-diversify by buying too many stocks

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Apple, Amazon, Google Stock Information At A Glance

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*Facts & figures as of 07-12-2020

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Frequently Asked Questions (FAQs)

Q. Can I invest in Google from India?

Ans. Yes, you can invest in Google/Alphabet from India using the Liberalised Remittance Scheme route that is permitted by the RBI. We recommend you use a trustworthy platform like Cube Wealth to do this. To try, start with as little as $1.

Q. Can you buy shares of Amazon?

Ans. Yes, you can buy Amazon stocks from India using the Liberalised Remittance route that is permitted by the RBI. We recommend you use a trustworthy platform like Cube Wealth to do this.

Q. How do I buy Amazon stock directly?

Ans. You can directly buy these stocks through a broker. We recommend you use a trustworthy platform like Cube Wealth to purchase Amazon stocks from India. This will be done using the RBI’s Liberalised Remittance Scheme.

Q. Can I invest in Dow Jones from India?

Ans. Yes, you can invest in DOW JONES (DJI) from India. To purchase US Equities you can use the Cube Wealth App that has partnered with Stockal to help users buy US Stocks from India easily.

You can also read other stories on our blog, about how to invest outside of India. Some of them are listed below:

1. Investing in US stocks from India

‍2. Investing in International Markets from India

‍3. Investing in US Equities for your child’s future