Do Indians in US save large amount of cash outside US to get a good interest rate? how do you transfer money back to US?
Do folks (specially Indians) in the US save large amounts of cash (approx. $200k) in India to get a good interest rate?
If yes, how do they transfer this money back to the US when needed (e.g. to buy real estate)?
What are tax implications?
This question is related to continuos interest rate cuts by US Fed -