Search found 2 matches

by hs123
Thu Mar 06, 2008 1:49 am
Forum: US India Dual Tax, Cross country tax, FBAR
Topic: Have NRI loan, what to do if R2I?d ?
Replies: -1
Views: 182

Have NRI loan, what to do if R2I?d ?

As laks0 said, you can be a resident of India regardless of citizenship. Anyway, I believe you can use your NRO account to fund the loan, if you don't want to disclose residence status to the bank. (coz NR stands for Non Resident, so am not sure if you technically might need to close those accts ...
by hs123
Fri Feb 22, 2008 3:45 am
Forum: USA 401k/IRA/Roth Strategy
Topic: New investment idea..
Replies: -1
Views: 127

New investment idea..

we have putup eucalyptus plantations in some of our family lands in west godavari uplands and also near narsipatnam, vizag. the business model works as i do something similar, eventhough the appreciation of land prices actually is generating more return. but you do need a contingency and a ...

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