I'm planning to move back to India and contemplating between moving money to my home country vs keeping it in the US. These are long term investment and I dont foresee the need of liquidating them anytime soon. Indian debt fund can give really good return and indexation make the tax rate very attractive but exchanges rate might negate those gain. And I might come back to the US in near future. I will really appreciate any advise from someone who was/is in similar position. Or one who has done this before. #investments #personalfinance
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Mostly yes. Talk to an accountant/CFA/ lawyer.
Going to do that.
Ask a CA. USA doesn’t prevent it but India has pretty strong foreign exchange laws.
Yes, I'm going to do that.
Dont ever move from strong currency to weaker currency. If history is any indicator all central banks would equally dilute all currencies. So stick to strong ones. May be move some to Euro or other strong ones
This. Just check inr history
Don’t move the money to India. Move it to the US brokerage that one supports foreign address profile. Not all brokerages do that.
Can’t you give someone’s address? Not sure how taxes work though for your dividends etc. Hope you can get some answers from an accountant and post it here.
Don't move the money if you plan to come back in the future.