Important information to invest money in Bangladesh for non-resident residing abroad:

Bangladeshi nationality residing abroad are interested to invest money for better return can open account in any bank in Bangladesh to buy land and share/securities or to deposit money for a fixed term.

The return of fixed deposit in the present market approximately are as follows:

Rate of interest for one month : at the rate of 8% per annum
Rate of interest for three months : at the rate of 11% per annum
Rate of interest for six months : at the rate of 11.50% per annum
rate of interest for twelve months : at the rate of 11.75% per annum

It may be mentioned here that on maturity 10% Tax on Interest will be deducted including Excise Duty as prescribed by the appropriate authority as per their regulation.

For buying a flat or a land you can chose the following procedure to make the transactions transparent as your earnings is genuine.

• You need to open a account (SB/F/C) first with a schedule bank in Bangladesh
  
• Remit fund to this account through banking channel
• Provide cheques to the vendor duly signed by you for your equal monthly installment
• Intimate the bank regarding your transactions to honour those cheques
  
• Intimate the bank regarding the vendor from whom you are going to buy land/flat

So, during your next visit in Bangladesh please keep it in the mind and make your dreem come true.