If you're a Non-Resident Indian (NRI) or British Indian, your finances don't fit neatly into one box. You might earn in GBP, own property in Mumbai, hold an NPS account, and have a workplace pension in the UK — all at the same time. Most financial tools can't handle that. This guide explains how to calculate your true net worth across both countries, and how to project where you'll be in 10 or 20 years.

What counts as NRI net worth?

Your net worth is simply your total assets minus your total debts. For NRIs, this spans two (or more) countries:

Assets (India)

Property (residential, commercial, land)
NRE/NRO savings accounts
Fixed deposits (India)
Mutual funds and stocks (India)
NPS (National Pension System)
PPF (Public Provident Fund)
Gold or jewellery

Assets (UK)

Property (owned or mortgaged)
Cash savings and ISAs
Workplace pension (defined contribution)
Stocks and Shares ISA / GIA
Other investments

Debts (both countries)

UK mortgage
India home loan
Personal loans, car finance
Credit card balances

The currency problem

The biggest challenge with NRI net worth calculations is currency conversion. A flat in Bangalore worth ₹1.5 crore sounds enormous in rupees but translates to roughly £140,000 at current rates. Meanwhile, a £400,000 London property is ₹4.3 crore.

To get a true picture, you need to pick a base currency and convert everything into it. Most UK-based NRIs use GBP as the base, since that's where day-to-day income and expenses are denominated. You then apply exchange rates to convert Indian assets.

The complication is that exchange rates change. Over the last 10 years, GBP/INR has moved from around 95 to 107. That 12% shift materially affects the value of Indian assets in GBP terms. A good projection tool lets you model different exchange rate scenarios — not just assume today's rate holds forever.

How to build your NRI net worth projection

A static net worth snapshot is useful, but a projection is far more powerful. It shows you:

When (if ever) you reach financial independence
How your wealth differs if you stay in the UK vs return to India
The impact of Indian property growth vs UK investments over 20 years
Whether your NRP account and pension will be enough at retirement

To build a projection, you need to model:

Income: UK salary, any India rental income, investment returns
Expenses: Monthly living costs in GBP, any India remittances
Asset growth: Property appreciation in both countries, portfolio returns
Debt paydown: Mortgage and loan repayment schedules
Inflation: UK CPI (~2.5%) and India CPI (~5–6%) are very different

Stay in the UK vs return to India — the financial comparison

This is the question most NRIs eventually face. The answer depends entirely on your specific numbers, but here are the key factors that typically tip the balance:

Factors that favour staying in the UK

Higher salary (even after UK tax, often higher than India equivalent)
UK pension (employer contributions are essentially free money)
ISA tax-free growth — up to £20,000/year, completely tax-free
Property capital gains tax treatment

Factors that favour returning to India

Dramatically lower cost of living (stretches existing wealth further)
Property ownership and family connections
India's GDP growth rate (historically 6–8%) vs UK (1–2%)
Quality of life and family proximity

The only way to get a true answer for your situation is to model both scenarios with your actual numbers — not averages or rules of thumb.

How to use My Net Worth Plan as an NRI

Create a plan called "Stay in UK" — enter your UK income, expenses, assets and debts
Set GBP as your base currency, add your INR exchange rate
Add your Indian assets (property, savings, NPS) in INR — the tool converts automatically
Create a second plan called "Return to India" — adjust income, expenses and tax residency
Use the Compare view to see both projections on one chart, in the same currency

Build your NRI net worth projection free

No account needed. Takes 2 minutes to set up.

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Frequently asked questions

Can I use this tool if I have assets in India but live in the UK?

Yes — you can enter assets in any currency. Set GBP as your base and add an INR exchange rate. All values are automatically converted for a consistent view.

Does it account for different inflation rates in India and the UK?

Yes. Each plan has its own inflation rate setting. You can set 2.5% for UK expenses and model India expenses separately in a different plan with a higher inflation assumption.

How do I value my Indian property in GBP?

Enter the property value in INR and set your GBP/INR exchange rate. The tool will convert it to GBP for you. You can also model different exchange rate assumptions in separate scenarios.