Move funds to India
What’s the best way to move about $250k of my funds to India? In terms of time. I want to be able to move all at once if that’s efficient. In terms of exchange rate, possibly competitive. Thank you
Veeva serviceguy Jan 16
Just open nri account and move using bank or zoom etc . I have down up till 100 k . No dual taxation .Thank god I did my money is growing 25 percent per year in India
NetApp lc_gtfo Jan 16
Since you are keeping 10k plus money outside, you need to declare it on your usa taxes right?
Veeva serviceguy Jan 16
Yes you need to declare in fatca etc but don’t have to pay tax . Like there is no double taxation . If you paid in India you don’t have to pay here
Delivery Hero olalauber Jan 16
Through OnlyFans! Or invest it in Ayodhya Temple!
Meta KingAshoka Jan 16
Salt salt salt salt
Meta KingAshoka Jan 16
What's wrong with good old NRE + XE?
lol. "Moving funds from India to US(Investments & Money)" https://www.teamblind.com/us/s/G2ZUR7N4