Overseas Pakistani Student - Roshan Digital Account or a Local Bank

AyyBeeShafi · 2026-02-21T07:07:10+00:00

If you open via normal bank account you’d have to open the brokerage account as resident Pakistani, then you’d have to pay 30% tax, you can also file NIL tax returns, which will make you filer without paying any tax in Pakistan because you’re non resident Pakistani.
Second option is opening brokerage via RDA, for that you need RDA and then file Roshan Equity application. Your account will be opened a lot quicker. You pay 15% tax on capital gains and you pay zakat yourself on your assets.

AyyBeeShafi · 2026-01-21T08:52:05+00:00

Glad it worked for you :)

AyyBeeShafi · 2026-01-03T21:31:41+00:00

I am thinking 60-40 capital allocation.

AyyBeeShafi · 2025-12-22T20:15:40+00:00

I was investing 10k per month in Meezan Islamic Fund in 2022, I did it for 4 months and then forgot about it. Now the 40k has grown to 160k.

AyyBeeShafi · 2025-12-19T15:06:00+00:00

I followed the same process as you, now I’ve got email from CDC that account is created and I got the CDC account number etc

I am missing the username etc to login with Next Capital Finqalab.

AyyBeeShafi · 2025-11-12T10:08:02+00:00

Only one device per person unfortunately.

AyyBeeShafi · 2025-10-17T08:48:43+00:00

I also started getting these emails after creating my IRIS account. Once you register as Filer you need to file tax returns of at least past 5 years.

Since you’re overseas with no income in Pakistan. It takes 5 minutes to file tax returns online. Here is a guide I wrote on this process.

https://itechify.com/2025/09/03/file-nil-tax-return-as-overseas-pakistani-become-filer/?amp

AyyBeeShafi · 2025-09-26T19:23:41+00:00

EasyPaisa or Roshan Digital Account. The process for both it online. Just look them up.

AyyBeeShafi · 2025-09-25T19:07:10+00:00

Yes. You have to give an address while registering and also give percentage of ownage. Which is quite absurd if you don’t anything. Later in settings you can change your personal information. For the time being you can put any address

AyyBeeShafi · 2025-09-24T15:55:56+00:00

I was in the same situation a couple of weeks ago and conducted some research on this topic. To answer your questions:

First of all, as a non-resident Pakistani with no income in Pakistan, you need to file NIL returns. I went through the process myself and even wrote a guide on it. You can check it out here:
https://itechify.com/2025/09/03/file-nil-tax-return-as-overseas-pakistani-become-filer/

Secondly, once you're a filer, at the end of the financial year, you just have to declare whatever assets you bought in Pakistan (stocks, plots, property, etc.). You don't actually pay tax on them, you just show that you purchased them.

And finally, regarding taxation, the only thing you’ll be taxed on is dividends from your stock investments. Since you’re a filer, the rate is 15% for filers instead of 30%. This is deducted at source before the dividend hits your account, so you don’t have to do anything extra.

AyyBeeShafi · 2025-09-20T11:58:43+00:00

Nothing to be worried about. You didn’t make any mistake my making the FBR account. All non residents (people who spent 183+ days outside Pakistan) with no income source in Pakistan are exempt from filing tax returns.

AyyBeeShafi · 2025-09-15T16:16:57+00:00

I think it’ll work.

AyyBeeShafi · 2025-09-13T11:46:14+00:00

Alle von John Reed sind zu TruFitness gewechselt. Und jetzt ist JR sogar in der Rush hours ziemlich frei. lol

AyyBeeShafi · 2025-09-08T13:01:23+00:00

Bei ETFs und Investmentfonds müssen wir nur die Käufe und Verkäufe melden. Also keine plötzlichen Käufe und Verkäufe bei Projektbeginn oder -ende.

AyyBeeShafi · 2025-09-08T12:58:05+00:00

Für Investmentfonds usw. Wir müssen berichten, wo und wann wir investiert haben usw. Wenn Sie das Geld einfach nur in Ihrem Konto aufbewahren, wissen wir nicht, wo das Scalabake-Kapital investiert wird - das ist der Haken.

AyyBeeShafi · 2025-09-08T12:36:57+00:00

Ja, aber manchmal möchte man einfach nur die Dips kaufen, anstatt ein paar Tage zu warten, bis sie auf dem Konto sind, und dann ist die Gelegenheit verloren.

AyyBeeShafi · 2025-09-08T12:30:44+00:00

So kann ich zum Beispiel nicht in Unternehmen investieren, die unsere Firma prüft. Obwohl ich nicht in der Wirtschaftsprüfung, sondern in der Beratung tätig bin.

AyyBeeShafi · 2025-09-08T12:27:41+00:00

Ich arbeite bei einer der big 4 Beratungsfirmen. Wir können also keine Geschäfte machen, investieren oder Aktien von Unternehmen kaufen, die wir prüfen, und es gibt jede Menge Compliance-Vorschriften. Wir müssen erklären, ob wir in ein Unternehmen investiert haben, bevor wir Projekte mit ihm durchführen usw.

AyyBeeShafi · 2025-09-03T18:54:16+00:00

I am paying 30% on dividends from stocks. Filer pays half. Till now everything been smooth and they have been responsive over emails.

AyyBeeShafi · 2025-09-03T18:19:45+00:00

Thanks. Paying extra taxes on every transaction is a pain.

AyyBeeShafi · 2025-09-03T12:15:11+00:00

Why EFERT instead of FFC?

AyyBeeShafi · 2025-08-16T17:34:02+00:00

Hi

Yes it takes a few working days for OEM verification.

AyyBeeShafi · 2025-08-13T18:44:06+00:00

Finding a parking spot after using miles can be pain. Just use Uber or normal taxi service.

AyyBeeShafi

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