Category: USA NRI
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FIRE Strategy by US-based NRIs planning to Return to India – Tax/FEMA considerations
Hello, and welcome. This is Abhinav. And in this video, I’m covering some, tax considerations for people who are based in US, Indian expats based in US, and who, follow the fire strategy, financial independence retire early. So, basically, it’s a strategy where, a person wants to save and invest aggressively so that, he, you…
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Pre-Immigration Planning Tips for Indian residents moving to US
In this video, Abhinav is discussing some Pre-Immigration Planning Tips for Indian residents moving to US. Video transcript below (kindly note that auto-transcription can contain errors): Hello. This is CA Abhinav, and I welcome you. In this video, I’ll be discussing some points on how you can plan and reduce your US tax liability before…
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Should I withdraw my 401K/IRA on return to India?
What to do with your 401K/IRA after return to India is an important decision for many returning NRI families given that if you’ve stayed out of India for long, this forms a good chunk of the overall investment corpus. However, answer to this question is not that simple & needs to be carefully evaluated in…
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Taxation of 401K/IRA (USA) in India
Most of the returning NRIs from USA who have spent considerable time abroad have a good chunk of the total investment corpus invested in 401K plans and hence have a question on taxation of their 401K/IRA investments in India. 401K/ IRA taxation in India is a complicated area and considering the applicable penalties on foreign…