r2i forum

Hi R2iMysore,

You can open an account with TDAmeriTrade with an Indian address. They will ask for ID proof with Indian address and Aadhar is accepted. You can buy Vanguard ETFs through them.

[QUOTE]I did read that GoI had said that PF accounts by NRIs/OCIs should be closed. Apparently GoI did say that last November, but then modified their statement a few months back to say that existing accounts can be kept open. So my original comment was not correct [/QUOTE] Yes, that was with PPF ...

[QUOTE]Alternatively, you might be able to claim that EPF/PPF are only taxable when eligible for withdrawal (note that you don't actually have to withdraw it, it just has to be eligible for withdrawal). For PPF, you can make some withdrawals after 7th year, so that amount should be taxable then. It ...

Hi Dwija

[B]Question 1: Does USC/GC working in India need to pay US taxes on Indian EPF (Employee Provident Fund)? Should this be declared in FBAR?[/B]

Did they respond to the above too?

[QUOTE]As per my tax consultant 1. Yes and 2. Yes , She also mentioned it in PFIC[/QUOTE] Was checking if EPF/PPF could be considered PFIC and what the Indian govt had to say about it. [url]https://www.incometaxindia.gov.in/Pages/international-taxation/dtaa.aspx[/url] "[I]Specific Treatment of ...

[QUOTE]As per my tax consultant 1. Yes and 2. Yes , She also mentioned it in PFIC. :([B][/QUOTE] If EPF is considered PFIC, then 25% of one's Indian salary (12.5% each of employee + employer contribution) should not be considered as earned income but rather as passive income subject to PFIC! [/B ...

Hi everyone, [B]Question 1: Does USC/GC working in India need to pay US taxes on Indian EPF (Employee Provident Fund)? Should this be declared in FBAR?[/B] Article 20 in the DTAA (see below) seems to indicate that EPF is not taxable by US. Getting conflicting views from CAs here. [I][URL]https://www ...

Hi all,

Just posting my findings here for benefit of others:

1) Vanguard does not allow this
2) Not recommended as Vanguard may arbitrarily close the account.
3) Vanguard ETFs are available via TD Ameritrade. They do allow for an Indian address and will ask for address proof.

Hi, I am an USC living in India for the last few years. Interested in buying Vanguard mutual shares or ETF (not IRA) I was researching various threads on the internet and have read that many US citizens have had issues opening a Vanguard account with an international address. Unfortunately these ...

Hi all, Father: USC Mother: Indian Child: Now USC (Just got the US passport and CRBA certificate from the consulate) Location: Bangalore We will be staying in India for the next couple of years and need to get a valid Indian visa for our child (that can also be used for foreign travel) . From the ...