Do you folks invest money in stocks/MDs etc. back home? What are the tax implications?

Posting as :
works at
You are currently posting as works at

*MFs

You pay tax on any income earned overseas. The curse of filing as a resident

Related Posts

Anyone else struggle with feeling like you’ll never find a job you’re actually good at? I feel like no matter what I do I’ll never actually find my niche.

like

Departing TPA today with a tropical storm on the way...

Post Photo
like

Any reviews for 200 Water St in FiDi? My roommate and I are considering signing a lease with them.

like

Am I the only one that despite doing a pretty good job, am constantly concerned about randomly getting fired? lol

like

Does anybody have a financial advisor they trust and recommend in the city?

I’m a recent grad and I just accepted my first attorney job. Is it lame to post about it on instagram? 🙃

like

People talk about dollar cost averaging. But no one here really speaks about the opportunity cost of holding onto losers, e.g., BA or throwing good money after bad, i.e., sunk cost, e.g., mREITs. Why?

like

Is AWS solution architect certification helps to get a job in AWS Cloud domain?

like

Hi. I just completed my MBA in Toronto. I worked for a VC firm during my summer internship and then with an incubator throughout my final year. Looking for full time associate roles in VC in Toronto/Vancouver. Would really appreciate any leads/ connects/help. ( I am an international student so USA is a bit tough to move to from a visa point of view). Thanks!

like

Best date spots in Philly?

like

KPMG EA’s are comp conversations something to be excited about?

like

Heard from a PM in a small company that FAANGs often recruit non-tech PMs from consultants with ~2yoe - does this sound right?

like

Hey forks,

Hiw much time thoughtworks take time to release offer letter, after hr round? Tia

like

What’s the best way to apply for freelance gigs as a producer? Not getting any bites on WNW

likefunny

Curious what other UR Coordinators are earning. I have 15 years experience, masters degree in healthcare management, and am working for a company in CA.

like

When you count at a warehouse, do you open up boxes and verify the case quantity printed on the box is correct?

likefunny

I’m 25 and have been working for the same bank for 2 years. Started as a call center agent and moved into a supervisor role. Love the company but the pay is barely enough, I work 8-10 hours of OT a week to make enough for rent and living costs in Toronto (would work more but there is an OT cap). Any leads on jobs I should look into? Would love to be making upwards of 75k ideally. I have a BA and have done some python and SQL courses

like

I’m feeling a little down today and wanted to chers myself up by listening to some coaching sessions on YouTube... They always talk about being strong. But what is a strong woman?

like

Are there any good short instructional videos for Google Docs and Slides? A 6th grader today asked how to center a title...they supposedly have been using this since 4th grade...

PWC Boston salaries? Please specify rank and JD or LLM or both. Thanks!

Additional Posts in Desi Consultants

Any good homemade tiffin services in the Chicago suburbs area?

like

Looking for some honest advice- After 4 yrs of trying to make the marriage work, I really feel like there is no point in continuing the efforts as they seem to be fruitless. Is it better to separate immediately or would it be better to first find a potential partner and then split? Female here...hoping to make a decision that I dont regret later. Thanks in advance!

like

Me and my wife had discussed earlier and decided to not have kids (recently married & please don’t ask for reason / try to convince / talk about perks of having one). About a week ago our parents came visiting and they have been hinting or talking certain things which reference us having kids in the future. We feel very uncomfortable with the fact that they are addressing a future with kids. How do we handle this? Should we tell them now or is it better to reveal over phone after they head back?

like

Is there a way I (not a US citizen) could help my sibling get a loan (for education and monthly expenses) here? (amount is less than 40k)

like

Guys - any headshot photography guidance ? Live in Hoboken NJ...

Considering moving back to India. This Coronavirus situation has broken me, have no family here and I miss them all so much. Feel so alone here. Any one else in same boat?

like

So my h1b expires next March (6 yrs) wife is expecting her oath/citizenship ceremony in next couple of months.. should I wait till she gets her citizenship or apply for EAD card now based on her GC?

Dropping my parents off at the airport as they fly back home to India. Know that with advancing age, they may be the last time they visit here and it is possible I may never see them again. Have such a heavy heart even if I know this is how life goes 🙁

likehelpfulfunny

Pasoori and Go. Coke Studio Season 14 cannot get any better.

likeuplifting

Recently moved to US and think I’ll be here for 3-4 yrs. does investing in 401k still makes sense? Also, What some other good investment options. Have some firm imposed restrictions on equity trading.

All my guju girls, I got a great guy who is looking for his lady 😉23, M, DC area. Hardworking, family oriented, and bomb at garba. DM me if your interested. ☺️

likefunny

What are you guys doing for Diwali?

I loved Family Man season 2. Terrific season. Loved Manoj Bajpayee and the key villain in the show! 5 stars ⭐️ . 10 rating!

like

Mexican Pizza is going away. FML

like

This FB is always full of visa questions. Why dont folks go create a separate fb for such things?

like

Holy shit.... I thought Desi politicians were funny

Post Photo
funny

Ok here’s food for thought - as per surveys, Indian men are the least preferred race by women of all races (including Indian women) when it comes to dating! Is this because we obsess over H1, green card and curry :)

Best and secure way to send about 70K to parents in India? Are there any tax implications (gift tax etc.) on either side to be aware of?

Anyone going through the green card process with perm filed under manager but has promotion to senior manager? What happens with a promotion in the same department? Re-do perm?

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal