Employer in USA, job in India

[am2007]

Hello,

Does anyone know about opportunities to work in India, while employed by a company in the U.S.? More specifically, are there IT jobs that pay in U.S. dollars, while the actual work place, either short term or long term, is Hyderabad? The job should require shuttling between U.S and India.

Thanks.

[lakshmi_r2i]

Hello,

I have such a job. I am a web developer and was able to get my company to let me work in India. Everything about the job is the same except I work from India.

I don't know about shuttling jobs but I think there are business development people and such who do that and are paid in USD, sorry can't point you to a post but you could try searching the forum for salaries paid in USD.

Regards,
Lakshmi

[am2007]

Do you know of recruiters or recruitment companies for such a job? Any lead or pointer to such opportunities will be much appreciated. I haven't had any luck coming across such posts on this forum; neither have I come across agents or recruitment companies for such jobs.

Thanks.

[post_r2i06]

Hello,

I have such a job. I am a web developer and was able to get my company to let me work in India. Everything about the job is the same except I work from India.

Regards,
Lakshmi[/quote]

You may be better of talking to a CA.

If you are working in India, you are subject to Indian Income tax and FEMA/FERA stuff. Even if you are on payrolls of US company, you can normally work for about 6 months before all these rules kick in. Few years ago, companies like Sony, LG etc were in soup as they paid their "parent" location employess in forex, when those employees were in their bangalore office and they were dragged to court.

However, what you can do is
- be a software professional/business and apply of IEC (Importer and exporter code)
- pay professional tax in the state you are residing
- do work(contract) for anyone in world ( i.e you become exporter)
- get money in any currency ... convert it to INR or keep in EEFC account.
- if software - get each invoice certified by STPI (SOFTEX form).
- pay tax as individual having "income from business and profession"

Not doing so .. will be not following FEMA (which is very very scary act)


-Later

[R2I_meri_jaan]

You may be better of talking to a CA.

If you are working in India, you are subject to Indian Income tax and FEMA/FERA stuff. Even if you are on payrolls of US company, you can normally work for about 6 months before all these rules kick in. Few years ago, companies like Sony, LG etc were in soup as they paid their "parent" location employess in forex, when those employees were in their bangalore office and they were dragged to court.

However, what you can do is
- be a software professional/business and apply of IEC (Importer and exporter code)
- pay professional tax in the state you are residing
- do work(contract) for anyone in world ( i.e you become exporter)
- get money in any currency ... convert it to INR or keep in EEFC account.
- if software - get each invoice certified by STPI (SOFTEX form).
- pay tax as individual having "income from business and profession"

Not doing so .. will be not following FEMA (which is very very scary act)


-Later[/quote]

What if the person works only on 179-day contract (less than 6 months)
goes back to US every 6-months for a week and then comes back to start another 179-day gig?

[vizagdesi]

Do you know of recruiters or recruitment companies for such a job? Any lead or pointer to such opportunities will be much appreciated. I haven't had any luck coming across such posts on this forum; neither have I come across agents or recruitment companies for such jobs.

Thanks.[/quote]

There are quite a few people on this board who are/were in the situation you have described. However, most of these intra-company transfers under exceptional cases. In all/most of these situations, the employee had already built a trust based relationship and has also proven his skills so much that employer is not willing to lose the employee simply because employee is relocating to India.

I have never heard of any company that hires a new person to be physically located in India but willing to pay in USD. In my personal opinion, it is highly unlikely that you will find an employer/recruiter who will pay you in USD and let you work from India for longer periods of time.

[anony_mouse]

What if the person works only on 179-day contract (less than 6 months)
goes back to US every 6-months for a week and then comes back to start another 179-day gig?

I think there is a thread on it in the finance section. From what I understand, if the work is done in India (even for a day) then at least 75% of the income should be received in India.

I believe one can play around with 75% number a little bit (for example, set up a company in US, set up a subsidiary in India, become the only employee of indian subsidiary, have your company pay your US company which then sends the work to India etc) but I am no expert there.

[am2007]

How about jobs that require constant shuttling between India and the U.S. Pretty sure such jobs exist, but not sure how to seek them. Are you aware of such positions?

Thanks.

There are quite a few people on this board who are/were in the situation you have described. However, most of these intra-company transfers under exceptional cases. In all/most of these situations, the employee had already built a trust based relationship and has also proven his skills so much that employer is not willing to lose the employee simply because employee is relocating to India.

I have never heard of any company that hires a new person to be physically located in India but willing to pay in USD. In my personal opinion, it is highly unlikely that you will find an employer/recruiter who will pay you in USD and let you work from India for longer periods of time.[/quote]

[R2I_meri_jaan]

I think there is a thread on it in the finance section. From what I understand, if the work is done in India (even for a day) then at least 75% of the income should be received in India.

I believe one can play around with 75% number a little bit (for example, set up a company in US, set up a subsidiary in India, become the only employee of indian subsidiary, have your company pay your US company which then sends the work to India etc) but I am no expert there.[/quote]


What happens in the case of individuals who go on a visit for a month at a time?

That is I work for a US company and spend 4 weeks in India working for the company, am paid in USD and company takes care of my expenses?

[submarine66]

How about jobs that require constant shuttling between India and the U.S. Pretty sure such jobs exist, but not sure how to seek them. Are you aware of such positions?

Thanks.

What vizagdesi stated in #6 is the norm.

It does not make economic sense for any company to have a job that requires constant shuffling between India and US. Of course, senior management roles and customer relationship roles can enable such shuttling, but at the end of the day it becomes more of a hassle for such people than a real benefit. I am making this remark as someone who has done this for many years and been a road-warrior traveling internationally during those years....

Added on Edit
The lure of the dollar has also faded over the years. There is no harm in todays' day and age to have a Rs. 1 Cr salary vis-a-vis aspiring for a $250K salary. In fact, it is better to earn in local currency to handle taxation/fiscal governance needs related to residency. Just my two cents. No offence meant.