Whats investments do desis on H1 do? Bought real estate in India, invested in stocks in US, bought home in US. Planning on buying more real estate (land or house?) in US, but is there anything more we can invest in?

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

You can own rental properties even on H1B as long as you’re not actively managing them. So for eg; you can invest in properties have some property management company manage the properties.

Airbnb is also possible but the line is grey. You can Airbnb and not generate additional income I.e the income from Airbnb is covering mortgage and interest so you’re breaking even. Alternatively, if you generate additional income then you can have someone manage your Airbnb and that’s allowed.

like

Yes , very much legal

Index and chill is such an awesome thing if you have patients - almost nothing beats it and you need not know about anything .

If you crunch some number - the magic of compounding just gives you chills sometime

like

Second that

Fundrise is an alternate way of investing in real estate - not sure if they are open to H1Bs though

like

Some desis who become citizens also own rental properties, Airbnb’s both in US and India. Few also start investing in hotels, commercial properties, etc

Ey5 guess you never read any response above

Stocks / Cryptos

I pre-clear everything before I buy - definitely not suggesting go all in - but diversify - in my case m heavy on stocks / crypto - plan to divest to real estate sometime next year.

401k, roth IRA, HSA max out every where then open brokerage account and invest for S&P 500 or other options for long term. If you plan to stay longer then buy house

Check on first 3 and house. Don't want greater exposure to stocks as both my wife and I invest a combined 50k each year through 401k and roth ira

Doge

Not very reliable for long term instead look for ETH, BTC or SOL

Related Posts

Selling an almost new set of MGMAT prep books (everything the $2k course covers) for $100. Would have to pick up in midtown east Manhattan. Only materials I used to get a 770 (mostly used online versions). Let me know if of interest!

like

I am looking for a career change in designing. Need guidance in designing.

like

Hi working moms at EY, when should I contact Limericks lactation consultant? Are they helpful? I have my doula and she also offers lactation but I’m not sure if I should also check Limericks. I’m 30 weeks pregnant. TIA!!

like

Anyone looking for an [assistant / junior - creative producer/manager] part time?

I’m a college student looking for a part time job! I’m currently a junior creative producer full time but my school responsibilities are getting heavier and now looking for part time work. Please let me know! Looking for a remote job or hybrid!

like

What’s the worst thing you’ve seen at the office Christmas party?

like

Weekly Hot Take. We need more arcades. Not like "Dave and busters" we need more old style arcades. There arent many in my area that are well known, it would be alot better for teens to have a place they can go if they aren't in an after-school program. I really just roamed the streets with my friends. Straight A student who had some after school stuff. It would hit 5 pm or a day when the programs didnt meet, we didn't have a space to be social.

like

Honestly speaking my mind :
I was never passionate about tech stuff, but ended up being engineer in IT and now have almost 10 years of exp in same company i never tried to switch, now I think I should do switch and now when I looked back then what I have in my resume don't reflect me cause never intrested so never learnt anything seriously. Now I have clear mindset that I have to do this but hope so it's not too late. I have started from scrath not sure when will be i competative enough .

likefunny

Hi,

I am a Chartered Accountant (Nov'20)and looking for role in Accounting Advisory Big4.

I am currently working on contractual role and have my 1 year of industrial training exp. and 2 years' of articleship experience in CA firm.

like

What are your top book recommendations? I’m genre neutral.

like

Hello, any experiences by H1B holders going to the open and allowed countries like Mexico or Turkey and coming back into the US?

likefunny

Curious what the base and commission structure is for inside sales and associate director of sales in biotech (also anyone else who wants to share pls put industry). Paid hourly or salary? At the biotech company I work at avg inside sales is $62,632 with a $3500 per quarter cap. Commission structure is % based on sales quota reached vs capped (not a direct % of sales). I’m underpaid at $53000 with $3500 cap per quarter.

like

Anyone make a pivot to pharma sales and open to chatting?

like

It just hit me I havent heard any UGC ideas in forever. Have we collectively given up on the idea that people will make our videos for us (and other people will watch them) or have I just been lucky?

likefunny

Does Citi Citi India provide laptop for wfh?

like

What the package Genpact offer at VP level ?Genpact

like
like

Please help me to decide which one of the below company should i join in tems of growth, job security and wib?
Hitachi lom
Mercer
DXC
Need to take this decision asap
Please advice and suggest
Wipro Tata Consultancy Infosys
Accenture IBM DXC hitachi

Accenture: what is the difference in work between ASDP and CDP? I know pay is probably better for ASDP, but I wanna know the difference in projects and all of that.

like

How do you go about figuring out the upgrades that you’ll need to do to a property when looking at a property to flip?

like

Additional Posts in Desi Consultants

Wealth management company recommendations?

Parents disagree on how the wedding ceremony should be conducted. It’s 90% the same but where we differ parents are at a standstill. what to do?

like

Any good books or suggestions to improve communication skills to speak confidently with executive or leadership. Many times I end up blabbering and having unstructured discussion.

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

Found a most enlightening work on decolonial history with tons of TIL moments especially about Anti Colonial movements in Egypt, China, Japan and course India in the 19th and 20th centuries. Most histories this period often adopt a Euro-centric lens but this book flips it and tells the stories of these turbulent times from the vantage point of the pioneering Asian leaders like Tagore, Al Afghani, Kang Youwei etc. Lovers of Asian history would surely appreciate this book

Post Photo
like

Is there any way to get the TSA pre or CLEAR while on H1?

Folks with kids, how did you teach your kids your mother tongue that is not english. My SO and i are from north and south india, so we only talk in english. Please share your experiences

Hey guys, what are the designations for consultants at Kearney? Is it Associate, manager, principal, partner? Or are there any more?

like

Any recommendations for books for desi parents ? Politics , economics, world order , self help

My American citizen 8 month old is on tourist visa in India; current stay runs out on June 7. Flying outside the country is a risk we don’t want to take w/COVID. Don’t want to overstay the visa either. So we applied online on eFRRO to convert his visa to X-1 so we can apply for his OCI. They didn’t ask for payment and message popped up saying watch your text/email for next steps. Anything else I can do?

likefunny

I look at this bowl- half of the issues here are visa related... I am 2nd gen desi and citizen by birth. Will it be considered +ve/-ve to talk about my this credential when dating desi girls? Punjabi desi here M 26. My favorites are those in research/teaching profession.

Hi, my mom in India, going through dialysis due to failure of both kidneys. Are there options to continue her dialysis in US? Any knowlwdge of insurance coverage? Any inputs based on your experience?

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

like

Traveling to India and using AT&T international day pass for $10/day. But still getting spotty coverage when not on wifi. Are there any other cellular options so that I can use my phone normally (incl my number) and call directly without using wifi? I expect calls coming directly to my cell phone number and hence can not use another number. Thx!

likehelpful
likefunny

Hello all, any idea on moving rupees to usd here? Large amount like by selling property in India...

Trying to get a 45 y/o sibling in to consulting (was an entrepreneur prior in the restaurant industry). No college degree but willing to bust his but to learn. Books/online courses recommended pls

funny

Perspective requested.
10 mths ago i was talking to an acquaintance (lives in IN, same age late 20s) and they were having a baby. I expressed my congratulations and during the convo said something like, ‘…here i can’t bring myself to adopt a pup and you’re prepared for such a big responsibility’. Everything’s cool.
Present: (randomly) they remind me of this and say they understood my intent but want to teach me that I was culturally inappropriate.
Thoughts?

like

How much is medical examination for Green Card supposed to cost? Does insurance cover the same?

like

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