Search found 21 matches

by k_r
Mon Feb 12, 2018 8:04 am
Forum: TAT Admin Office
Topic: Resident of both US and India: DTAA to claim relief from Indian tax filings?
Replies: -1
Views: 25

Resident of both US and India: DTAA to claim relief from Indian tax filings?

[FONT=&amp] Hello, [/FONT] [FONT=&amp]I have read through the ?sticky? threads and could not find an answer to my question, so I am starting a new thread. The situation I describe later is somewhat unique, but the broader question (what happens when one can be considered a resident in both USA and ...
by k_r
Mon Jul 02, 2012 11:59 pm
Forum:
Topic: Invest in FCNR as part of rollover IRA for US Citizen NRI/PIO
Replies: -1
Views: 0

Invest in FCNR as part of rollover IRA for US Citizen NRI/PIO

I am a US Citizen, NRI/PIO. My wife is in the same situation. We expect to be in the US for at least another five years (possibly 10-15 years), and then retire to India. We have rollover IRAs with Fidelity and Vanguard. Given the short term rate differentials (with FCNR rates around 3 percent even ...
by k_r
Tue Oct 02, 2007 2:16 am
Forum: To Pune, Mumbai, Maharashtra
Topic: Retire 2 India - is this no longer an option for you??
Replies: -1
Views: 204

Retire 2 India - is this no longer an option for you??

[quote]If you're around 35-40 yrs old, with 500K (2 Crore) and have a primary residence in India. It should support a decent lifestyle through one's lifetime. You have to invest and manage taxes properly. Bobus worked on some numbers in another thread.[/quote] Can you please point out the thread ...
by k_r
Tue Aug 14, 2007 6:39 am
Forum:
Topic: Bringing Parents to the US
Replies: -1
Views: 0

Bringing Parents to the US

If they are over 65, you can enroll them in medicare. But you need to pay full insurance which for parts A and B is around $500 per month. You can only enroll in certain times of the year, so that is an issue. Check out the medicare website. If you anticipate having them here for a long time, you ...
by k_r
Mon Jul 23, 2007 4:31 am
Forum:
Topic: Taxes on US tax Deffered assets like 401K
Replies: -1
Views: 0

Taxes on US tax Deffered assets like 401K

[quote=Bobus;21501][COLOR=red][/COLOR] The following are accruals per Indian tax law, in respect of US based mutual funds (does not matter what vehicle holds those funds): (i) Distributions made by the underlying funds. I am refering to dividend and cap gain distributions that US based mutual funds ...
by k_r
Fri Jul 20, 2007 10:15 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: semi-R2I
Replies: -1
Views: 162

semi-R2I

Nattusbs & finallybkhme123 : Neither of the two were at very high levels. From what I hear, they just took the initiative to ask for a flexible plan and it worked out. They were not "calling the shots" as it were. They just asked for something, and in return gave up something - and the organizations ...
by k_r
Fri Jul 20, 2007 7:36 am
Forum: To Pune, Mumbai, Maharashtra
Topic: semi-R2I
Replies: -1
Views: 162

semi-R2I

[quote=nand;34891]Vijay Mallya for one does this. his wife and kids are in the bay area, son in london and he jets all around the world. This kind of r2i is possible only for the very wealthy or specific occupations like you mentioned. But it raises the question - why go through all of this pain? If ...
by k_r
Fri Jul 20, 2007 7:06 am
Forum: Life in USA
Topic: Studying in USA
Replies: -1
Views: 1476

Studying in USA

[quote=DosaiLvr;6984] ... I am of the opinion that undergrad, grad and post-grad studies in the US is better than in India. (not from the POV of solving a complex math problem, but from the POV of overall academic development and knowledge) I also feel that kindergarten/elementary schooling in the ...
by k_r
Thu Jul 19, 2007 9:11 pm
Forum: To Pune, Mumbai, Maharashtra
Topic: semi-R2I
Replies: -1
Views: 162

semi-R2I

[quote=kovai23;34765] For most people, the biggest reason to r2i is to be with parents and to give the kids the opportunity to grow up with grand parents etc, etc.. For folks like that, this plan defeats the purpose of r2i.[/quote] But this option does give you the best of both worlds. The kids ...
by k_r
Thu Jul 19, 2007 8:39 am
Forum: To Pune, Mumbai, Maharashtra
Topic: semi-R2I
Replies: -1
Views: 162

semi-R2I

OK, I searched and google shows only one use each of the phrases "semi-retire to india" and "semi r2i" - both in two different threads in this forum, by the way. The "R" here is implied both in the sense of "return" and "retire" What I am thinking is the following: Work in the US (I will assume a US ...

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