We are moving out of US. We are moving to Luxembourg in the next month. Have lived in the US for over 10 years on H1B and have acquired a couple of Rental Properties. We tried selling them off but in this market it has been a little difficult. What are our options now?? Once we leave US Without GC is it illegal to own Rental Properties and make Rental Income?? Can anyone advise

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

There are people in China who have never put a foot on the US soil and own rental properties here. You’ll be fine.

On a side note: How do I move to Luxembourg?

likefunny

For starters start looking for jobs in Luxembourg and if you like any, Apply. It's the only other place in Europe with High salaries even better than US.

like

You can own the properties in the US without visa

like

Owning properties is not an issue rather taxation is. You will most likely need to declare dual income , both in US and Luxembourg and will be taxed depending on treaty between the countries.

Hire a tax advisor to give you proper advice and how to navigate the situation.

like

Related Posts

So I (m29) have money invested in my brokerage account and been paying taxes on any realized gains or dividends. People tell me I should be in a Roth but I want to retire early and use my brokerage as a passive dividend…. Am I doing things correct or am I missing something?

like

Anyone else in ATL? We had the highest inflation increase of any city in the nation last year and COL is way up. My rent is now more than it was in DC. Anyone seeing COL adjustments? F20 not FAANG.

like

Has someone here moved recently to UK from India? Have some questions on moving around rent, luggage, visa etc. TIA.

Anyone know Deloitte core business group in Deloitte consulting LLP?

Salary range, business outlook of this group amid layoffs and green card initiation timeline?

Post Photo

Friday Bets

Yesterday Italy O1.5 was -125, now -145 hmmm

Isn’t trump supposed to give an update on immigration today?

like

Incoming EY SM. Can anyone tell me who EY’s pension provider is please? thank you!

Anyone traveled to US on B visa and then changed status to L? The company has sponsored L but embassies in my home country are closed for stamping.

like

Partners, why do your recruiters approach us if your firm is unable to go forward with our visa process? Why put in all the time and effort for the entire process to waste? We are humans too!

like

Hi fishes,

Looking for opportunities to work abroad. But not getting any interview or replies since I don't have any work visa. Without work nobody will give visa also. Please suggest how can I try for opportunities outside India.

like

Always been a fan of FIRE and reading about it has definitely helped my finances but I can’t help but wonder if the movement is more about lifestyle change than early retirement.

After you achieve FI,you basically have to maintain the lifestyle that got you there.

What if you want to go on a lavish vacation or buy that flatscreen TV? Are you supposed to do away with material goods entirely? I suppose you could keep working for discretionary $ and live off interest but then you’re not retired.

like

Hello I am from Ghana and am looking for a work abroad a company that can support my visa or give me a visa Sponsorship or work permit invitation letter to apply for my visa any help please …

like

My colleague's (he is on h1b) mom passed away. His visa stamping expired. Is there any way he can travel to India and come back thru emergency visa? Or there other countries he can try visa stamping? Thank you

like

Has anyone ever put 401k at 0% or something really low for 1 year to stretch cash savings for a home downpayment? Is it worth doing this? I get I may miss some match but also need cash for a house

Experts - Best redemption option for Amex reward points (the ones that come with standard green Corp Amex card)??? I use them on Amazon but checking to see what other options are better...

like
likefunny

I left a great team and high-visibility, high impact project with a client that loved me for a few more $$.

Had I stayed, I would have been festering on comp and constantly worried about my financial future.
Since I've left, I feel financially secure but listless and bored with a lame team on what I've discovered is a skeezy upsell.

Anyone else had to deal with this? Did you boomerang back?

like

My wife works for Deloitte. She is on a H1B with Deloitte and Deloitte has already applied for her green card. We got married a few days ago. Does it make sense to apply for a Green Card through...

like

Partners, has your lifestyle changed significantly since you started as an entry level consultant at your firm especially if post MBA? Just curious if expenses go up as a percent of income.

This has probably been asked many times in this bowl - what’s the best hotel rewards program? I have the Chase Sapphire Preferred card and I’m a Southwest RR member. I travel maybe 25-30% of the time

More Posts

Is there any domiciliary expense claim policy for insured parents in wipro ?

Me: OK, opening arguments today. I'm prepped, got plenty of sleep, ate a good breakfast, coffee is onboard, my notes are in order. Let's do this!

My brain:

Post Photo
likefunny

Does anyone have experience using Personal Capital's active (I'm guessing mostly robo) management services?

like

Would anyone like to share anything interesting about a recent project they’ve gotten to work on?

like

Has anyone ever put 401k at 0% or something really low for 1 year to stretch cash savings for a home downpayment? Is it worth doing this? I get I may miss some match but also need cash for a house

I have 2 years of experience in Salesforce and 2+ years of experience in Java. I would like to be part of Salesforce Organization. Kindly help me.

like

Calling all remote workers from the UK who are fully embracing or occasionally doing the digital nomad thing, who are you working for and are they hiring? Asking for a friend.

like

Have anyone of you given the Amazon Online Assessment for MBA summer internship 2023? If so, how long does it take for Amazon to reach out with a decision about next round post OA ?

It’s been 2 weeks and I haven’t heard back anything yet. Looking to see if it’s the same with fellow applicants. Thank you
Amazon

like

Does it bother you when someone you care about won't let you treat them (like on special occasions such as birthdays and stuff)? I don't know why it's upsetting me so much, and I'm trying to figure out what the root of my issue is. I'm getting overly emotional about it. It makes me feel like I'm making it about me vs. them, which is not what I want to do at all. On the contrary, I want them to enjoy whatever I treat them to, but this is all backfiring because I can't control my emotions.

Please help 🙏 Has anyone done human/employee due diligence before? I’m thinking I’m going to approaching it where I do a mix of 1:1 and workshop style “interviews” to assess the quality and skills of people coming from a company to be acquired. How does one does this in practice? What types of questions should I be asking given I don’t have domain expertise in all these areas, and what does an final output/deliverable look like? It’s like 50 people.

like

Would anyone have a breaking into wallstreet course they would be open to sharing?

like

There are 12 weeks until Christmas… Anyone down for a challenge or some support and a kick in the butt?? Let me know!

likehelpful

RIA in Hauppauge, NY (Long Island) is looking to ad a service advisor to our practice. We are interested in speaking with advisors that have and do not have their own clients currently.

How are LIC and Astoria to live in? Looking for more space and proximity to Manhattan

Given the continuing chip shortage situation- what changes are you making to your embedded code bases to handle hardware changes?

like

What are the eat what you kill firms?

like

Anyone familiar with the PE team at Oaktree? Or the their LA office in general. Culture ? Performance? Can’t seem to find much info on them on here. Know they have a intern program. Any insight would be helpful!

like

Hi,
I have my joining in OFSS mumbai in Oct.
But haven't received any onboarding mail.
Will it be online offline.
Can recently joined folks comment.
I have received Start date mail.
Thanks

like

Here's a question: are you happy?

And why or why not?

likefunny

Additional Posts in Desi Consultants

Advice for emotionally immature parents? Really tired of always being blackmailed or guilted for not agreeing with my parents for anything they want.

likehelpful

Hey desi peeps! I just moved to San Francisco (M 26). I work at Deloitte as a Salesforce Consultant and love watching baseball. Yep that’s it. That’s all of my personality! Just kidding! Anyway, anyone in the city that wanna grab drinks? Don’t know anyone here! :)

like

My colleague's (he is on h1b) mom passed away. His visa stamping expired. Is there any way he can travel to India and come back thru emergency visa? Or there other countries he can try visa stamping? Thank you

like
likefunny

Wanted to buy a robo vaccum. I see roomba i4 and shark IQ on deals. Any experience with either of the ones? Which one is better ?

likesmart

How does PWC handle H1 amendments? in Ey we have to spend 4-5 weeks to get that filled for any traveling project

Can we transfer to another company and ask them to file an extension ? Like I have 3 months left on current authorization. Can I move to a different firm and they file the extension ?

Do your enterprise teams hire freelancers / contract workers from somewhere ? If yes from where ? I see toptal is getting very popular

like

Desi fish, looking for some easy, no mess (preferably owen or single pan) healthy cooking recipes of chicken/ fish that I can include in my diet plan. M with kids and family here.

like

Looking for a pandit to determine auspicious marriage date in December. Any recommendations in US or india ?

Anyone has any experience to share about losing EAD while on the job? I.e. EAD expired while working and did not get renewed in time because of the current uscis snafu? (Mine expires in the coming few months and might not be extended in time). Are firms generally accommodating enough to place you on loss of pay or do they terminate your employment?

like

Happy Independence Day folks !!

Post Photo
like

My wife just found out that her name was printed in reverse order (first name under last name and vice versa) on her EAD card. What is the procedure to get it fixed?

Is Lincoln park, Chicago a good neighborhood to buy a condo? Dont want to go far away from downtown. Downtown is too expensive. Lincoln park hits right in the middle.

Wanted to get some opinions here. I’m an M2 in Cyber looking to eventually make a move to big tech or an SM or Dir at a big industry client. Have an offer of 190K base with 20% bonus to be a Mgr at Accenture. Reason to leave - want more technical exp before moving to Big tech and better comp. although PwC increased salary this year, it’s not in the same ball park at this point. Don’t see myself staying to make partner/MD at either firm. Welcome all suggestions on what I should do.

like

Any one here traveled back from India on a greencard? What to expect at immigration? Thanks

like

Has anyone applied for an OCI card? I’m planning to apply but wanted to get an idea of how to start. Just for a reference my parents were born in India and i was born in America.

like

Anyone from IQVIA that have had their green card sponsorship done here ?

like

Shows like panchayat set in rural setting? Shows like these remind me of my lazy summer afternoons in my grandmas village. I love Hindi movies set in smaller towns/villages like Bareilly ki barfi, stree etc - feels natural and relatable to me. Can anyone suggest movies/series set in rural india?

likeuplifting

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