If you have about 1 crore in FD in India and you are increasingly seeing the possibility to settle down in USA - what will you do with that money? Keep it in India, invest elsewhere in India (other than real estate), or bring it back to US?
TIA

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Similar boat. I have 1cr in stocks though, will probably keep in india and let us grow and eventually invest in RE. Moving it to the US will
Instantly subject it to crazy taxes. Also if you haven’t been filing FBARs as u grew your FD (assuming u kept contributing it from the US), you might be subject to penalties

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Individual stocks or mutual funds?
Are you taxed higher on gains since you are an NRI?
Did not invest from US. Thanks, yes, FBARs are a big problem too - depleting my savings here in taxes

Let that money stay in India and invest in the Indian broad stock market (like S&P500 here). And if you want to hedge the currency conversion rate, you can do USD/INR option calls

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Bring to us

But not to US?

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Hawala

I read Halwa

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bitcoin

Won't it be double charged? If you have used this method before please help me out with some guidance

Same - I have $5m currently kept it invested in my parents name in mutual funds, stocks etc

Haven’t decided. But don’t need it for now.
What’s wrong with having money McKinsey ?

Similar situation. My parents have money in India, but they want to spend significant time in Canada after retirement in 5 years. Should they start transferring now, to get ahead of exchange rate?

I think it is better to transfer at once. You will have lot of paperwork to avoid taxes etc so it is better to do it once

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