r2i forum

If you want to invest in Indian Mutual Funds then you need to Read up on PFIC rules. Search this forum for PFIC and decide if you want to invest or not. It is a bit complicated issue.

Indian Brokerage houses are not registered with foriegn exchanges and hence can't hold stock certificates that trade on foriegn exchanges. There is no problem to keep your current account as is and just change the address as the above post suggests. If you can elaborate on wht prompts you to think ...

Congratulations on making the call and sticking to the plan. All the best !!! You planned it well.

I sincerely wish your stay back home brings you a lot of joy and happiness in life!

Do share your experiences with us.

Good luck!

soomdy, FXY should do well from now on because of the possible unwinding of the "Carry Trade" (Borrowing in Yen and Investing in USD). With Japanese bank raising rates lot of professional traders and institutions have started unwinding their positions and this puts upward pressure on Yen. So rather ...

Bobus, I talked to a couple of CPAs, about the withholding rules specifically for Indian Banks, and as exptected, they are not sure if one is liable for withholding tax on interest payments to a bank in India. I called IRS as well and ofcourse their answer is to talk to a CPA. So I think it will be ...

desihometown, While Indian Interest rates are high, close to 13% these days, it may still make sense to buy, [COLOR="Red"][I]IF[/I][/COLOR] (Read: BIG IF) the rate of Appreciation is higher than 13%. This has certainly been the case for the last few years in India. There are still a few ...

restlessdesi, As many other issues I dont think there is a clear cut answer to this. I think what really matters is if YOU, as an individual, are comfortable with such an investment? If you are of the type that do not hesitate to go for small adventures and don't loose sleep over the consequences ...

[COLOR="Blue"][I]the question I had on capital investment. But I see companies (corps) writing off investments... Not sure if they are governed by different rules.[/I][/COLOR] While some of the terms are loosely used here, let me try to answer. Companies write off investments in two cases. 1) When ...

desihometown, I'm looking for such options as well and am really interested in doing something along those lines. So far, I have not focused on this, but now that Indian RE is in stabilization period, I am thinking of buying out of the state RE here in the US. While the RE is not in the best shape ...

GoogleAjax,

Ofcourse, you can terminate the policy anytime you want. This is a TERM policy which means you pay up for a period and you are coverered you dont pay and your policy terminates.

What is guaranteed is the YEARLY payment for 20 years. The rate will not increase for that duration.