r2i forum

[QUOTE=shankar1242;633085]hello - We are planning to relocate to Bangalore by the 2nd or 3rd week of July. It won't be a big supply of goods that I have it to ship. But, I have few personal attached items around 3 to 4 cartons and a TV that I wanted to Ship them to Bangalore. I don't have any idea ...

[QUOTE=Desi;423927]I understand that the SBI bank is only one block from where you work. Why not check with them? You plan to transfer and invest this money. Be aware that if your investment choice is MFs then PFIC will be an issue. If on the other hand your investment option is something else, then ...

Thanks for the reply. Does it matter to SBI which bank/branch I open the NRE account. The DD should be depositable at most Indian banks right?

Hi All - I dont yet have an NRE or NRO account and am in the process of opening one with Karnataka Bank. Till date I transfered money to my folks (bro, parents etc as Gift) via SBI's New York Branch (great rates and its one block from where I work). right now I dont have to transfer to my brother's ...

Thanks for taking the time to explain to me Rajesh! Since I wrote my question I decided I will not mess with any HUF files, since its too messy. Based on your input, it looks like I can just do the money lending business as follows: 1.) Form a proprietorship with myself (NRI) as the proprietor. (ANy ...

Hello Rajesh - I would like your advise on the following. And if things work out, I would like to employ your services to help me in this initiative. [B]My Status:[/B] I am a greencard holder and residing in the US. Not a US citizen yet. Married with a 2 year old daughter. [B]My brother's status ...