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Money from India for down payment


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Posted

is it possible to get money from India to USA? I may need it for clearing CC debts and possiblty house down payment..

India lo unna lands, illu ammukuni aa money ikkadiki techukovachaa? any extra taxes that we have to pay?

Please meeku emaina info teliste cheppandi..

Posted
3 minutes ago, InSearch said:

is it possible to get money from India to USA? I may need it for clearing CC debts and possiblty house down payment..

India lo unna lands, illu ammukuni aa money ikkadiki techukovachaa? any extra taxes that we have to pay?

Please meeku emaina info teliste cheppandi..

wire transfer chesko koncham money but trusted way..

leda ask if someone can give u dollars here and can take rupees in india..

Posted
5 minutes ago, InSearch said:

is it possible to get money from India to USA? I may need it for clearing CC debts and possiblty house down payment..

India lo unna lands, illu ammukuni aa money ikkadiki techukovachaa? any extra taxes that we have to pay?

Please meeku emaina info teliste cheppandi..

How much are we talking about here ? 

Posted

You are not allowed to carry more than $10K. If you intend to bring more you need to have different paper work I believe 

Posted
1 minute ago, NadiBezawada said:

How much are we talking about here ? 

about 100k

Posted
4 minutes ago, InSearch said:

about 100k

Do you want to trade cash for property ? I can do upto million 

Posted
4 minutes ago, NadiBezawada said:

Do you want to trade cash for property ? I can do upto million 

konchem telugu lo tell baabayya

Posted
9 minutes ago, Rajugadu said:

Em ammav ba india lo?

inka ammali.. I can't keep up with CC debts, ammi ayina kattali anukuntunna

Posted
31 minutes ago, InSearch said:

is it possible to get money from India to USA? I may need it for clearing CC debts and possiblty house down payment..

India lo unna lands, illu ammukuni aa money ikkadiki techukovachaa? any extra taxes that we have to pay?

Please meeku emaina info teliste cheppandi..

ask tax consultant

Posted
32 minutes ago, InSearch said:

is it possible to get money from India to USA? I may need it for clearing CC debts and possiblty house down payment..

India lo unna lands, illu ammukuni aa money ikkadiki techukovachaa? any extra taxes that we have to pay?

Please meeku emaina info teliste cheppandi..

If its the sale of Ancestral properties, you do not have to pay any taxes in India and here in the US you can save a part of the tax for the money you use for your home down payment (investing in a asset). But the other money you will have to report and might have to pay tax.... but I am not a professional... better talk to a tax consultant.

Its a good idea to sell your property to clear CC dues, but at this point if you do not have a GC, i strongly suggest you not to buy a home by selling of properties in India.

If you have money here for down payment but DO NOT sell in india to buy a home here. Wait until u get a GC.

If you have decided to sell in India to and bring money here, explore the EB5 route, it will buy you peace of mind.

 

Buy on H1 only of u have saved your down payment here.

  • Like 1
Posted
9 minutes ago, FJ40 said:

If its the sale of Ancestral properties, you do not have to pay any taxes in India and here in the US you can save a part of the tax for the money you use for your home down payment (investing in a asset). But the other money you will have to report and might have to pay tax.... but I am not a professional... better talk to a tax consultant.

Its a good idea to sell your property to clear CC dues, but at this point if you do not have a GC, i strongly suggest you not to buy a home by selling of properties in India.

If you have money here for down payment but DO NOT sell in india to buy a home here. Wait until u get a GC.

If you have decided to sell in India to and bring money here, explore the EB5 route, it will buy you peace of mind.

 

Buy on H1 only of u have saved your down payment here.

Good advice. I agree

Posted
41 minutes ago, InSearch said:

inka ammali.. I can't keep up with CC debts, ammi ayina kattali anukuntunna

Antha appu em chesav ba??

Posted
42 minutes ago, InSearch said:

konchem telugu lo tell baabayya

I can give you money here in US. can u give ur property antunnadu simple ga

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