r2i forum

Hi, I am R2I'ing in the next couple of months. My US employer is willing to keep me as a consultant after my return to India. I am on H1B and hence, will not have any US status once I move. I am looking for guidance on how I can setup a company in India and consult for this US company. Any ideas or ...

Have you looked into direct flights? I was in a identical situation couple of years earlier and took AA flight from Chicago to Delhi.

My wife and I are planning a flight-hotel-car vacation to Alaska at the end of this month. We will be there for a week. Anyone has any tips and ideas on things to do.

chaloIndia, 1) You can use this spreadsheet from the old MSN forum to calculate RNOR: [URL]http://groups.msn.com/R2INRIFinanceAndInvestments/page.msnw?fc_p=%2FMembers%20doc&fc_a=0[/URL] 2) ECI stands for effectively-connected income. That part of your US income as NRA is taxed at graduated tax rates ...

chaloIndia, I am in the same boat (H1B with R2I plans in Dec'07). My comments to your questions are inline, although it would be great if the experts can correct/clarify. [quote=chaloIndia;19778]I am planning my R2I later around November this year. I am currently on H1B. I would like to transfer my ...

I agree.. If the experts in Desi, Bobus and others can help finalize this document, it will be an invaluable resource for all. couple of comments of mine: a) I wish we had a section on the tax implications of the RNOR period. I know that Capital gains during this period become free of tax for a NRA ...

sahaj,

I am in a similar boat as you...

The benefit of leaving some money in US is that you get some investment choices that are not currently available in Rupees (like diversifying in world stock markets).

The risk I can see is that if the US amount exceeds the estate tax exemption limits.