Folks who work in the US - can you actively invest in Indian stocks? I’ve read that US based Non-resident Indians cannot invest in US equities

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You can invest in stocks regardless of your residency status. I personally only invest through the US stock market - for Indian stocks, I just hold some Vanguard Emerging Market ETFs - China and India make up a large portion of these funds.

There is no restriction as such, if you are in US then you can provided it is not trading.

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