Moving back to india from usa
Hi I am moving back to india. I have fidelity individual account for brokerage with stock holding. Can i continue to buy US stocks after i move to india from the brokerage account on fidelity? #investments #personalfinance #fidelity #fidelityinvestments #move #investment Tc 50L base (soon), 40L rsu
50L is below average these days. Are you a SWE?
Updated
GTFO ignorant
Lol...its lakhs. 100k inr is called one Lakh
Congratulations! Which city?
Hyd
Nice!! That is good money in India
This is for 2024. For 2025 it will be more around 60L
Eeeww. Just leave
^^Don’t really understand what is it with Amazon and toxicity. If you can’t contribute, just stfu.
I am contributing. OP wants to leave and I am supporting them.
Last time I checked with Fidelity, they have a policy for users to operate account from outside of US. Robinhood did not have that policy. Things might have changed now. It is best to check with customer service and a NRI financial consultant. Try NRI money clinic channel on YouTube. https://www.fidelity.com/accounts/services/investors_outside_US_faq.shtml
That's probably not legal. You need to change the address.
I am a us citizen living in india. Why is it not legal? My limited understanding is there is no residential status requirements or citizenship requirements for investing in US stock market . The only hairy part is the tax to be paid for global income in india. But that can be claimed via DTAA from US