Land purchase

[Lite]

Hyd lo Oka land kondam ani anukuntunna kani andaru cash adugutunaru. Eam chestaru US nundi 1.5cr daka cash antey kastam. Andaru ela kontunaru ?

[Sreeven]

Jagratha..cash dobbesi vere valla land ostaru..ma relative papam one cr ichi taruvatha chuste land verevalladi..

[samprok]

12 minutes ago, Lite said:

Hyd lo Oka land kondam ani anukuntunna kani andaru cash adugutunaru. Eam chestaru US nundi 1.5cr daka cash antey kastam. Andaru ela kontunaru ?

1st and foremost: DO NOT invest in India. You will never see that money back in USD in your entire life. intlo vallu mast cheptaaru. 2 years lo 3 crs avutundi etc, but if you cannot liquidate that and trasfer that money back to USA, there is no use.

Next: converting to cash is not easy these days. Everyone are capped at cash withdrawls of 10L per year, beyond that 30% TDS deducted in bank and you need justify needs to IRS to get that money back. konthamandi for a fee cash istaaru, risky. another easy option is find a small business like fertilizer shop etc, where they get a lot of cash from farmers. You transfer money to them, they will give you cash.

I strongly advice not to invest in India, let alone nalla money (cash). at least all white ayite 20-30% tax katti convert chesukovachu. 

 

if you have more questions, DM me. 

[HugoStrange]

30 minutes ago, samprok said:

1st and foremost: DO NOT invest in India. You will never see that money back in USD in your entire life. intlo vallu mast cheptaaru. 2 years lo 3 crs avutundi etc, but if you cannot liquidate that and trasfer that money back to USA, there is no use.

Next: converting to cash is not easy these days. Everyone are capped at cash withdrawls of 10L per year, beyond that 30% TDS deducted in bank and you need justify needs to IRS to get that money back. konthamandi for a fee cash istaaru, risky. another easy option is find a small business like fertilizer shop etc, where they get a lot of cash from farmers. You transfer money to them, they will give you cash.

I strongly advice not to invest in India, let alone nalla money (cash). at least all white ayite 20-30% tax katti convert chesukovachu. 

 

if you have more questions, DM me. 

Bro, nee analysis super undi, naku oka doubt undi regarding different topic of investing in stocks in India,

Manam NRE account (saving) and NRE DMat accout thisukuni invest chesthe, malli return techukovadam easy avuthundi ani annaru, also capital gains tax is only 10% in India. So naku cheppindi enti ante u will only lose 10% tax annaru and easy to get back in dollars annaru. How much of this is true. Inka invest cheyaledu. Planning to do in near future

[samprok]

6 minutes ago, HugoStrange said:

Bro, nee analysis super undi, naku oka doubt undi regarding different topic of investing in stocks in India,

Manam NRE account (saving) and NRE DMat accout thisukuni invest chesthe, malli return techukovadam easy avuthundi ani annaru, also capital gains tax is only 10% in India. So naku cheppindi enti ante u will only lose 10% tax annaru and easy to get back in dollars annaru. How much of this is true. Inka invest cheyaledu. Planning to do in near future

what you need is Repatriable Demat Account. be aware of FEMA rules and regulations. if you want to be on safer side, you need to declare these assets and gains in your US tax returns. 
Because of inflation, investments in India appear lucrative, when you want to convert, INR rate for a dollar could be at 90 or 100, depending on how long you hold these investments. I personally would not go through this hassle.
 

Instead, use a broker like vanguard, fidelity.. etc and choose to invest in foreign stocks, if you are really interested in foreign investments. 

final ga cheppochedentante, yekkada unnavo akkade investments chesukovatam manchidi. 

[Ryzen_renoir]

14 minutes ago, HugoStrange said:

Bro, nee analysis super undi, naku oka doubt undi regarding different topic of investing in stocks in India,

Manam NRE account (saving) and NRE DMat accout thisukuni invest chesthe, malli return techukovadam easy avuthundi ani annaru, also capital gains tax is only 10% in India. So naku cheppindi enti ante u will only lose 10% tax annaru and easy to get back in dollars annaru. How much of this is true. Inka invest cheyaledu. Planning to do in near future

You can invest in ADR of Indian entities in New York stock exchange 

A few companies are there

https://in.investing.com/equities/india-adrs

[Thokkalee]

4 minutes ago, samprok said:

what you need is Repatriable Demat Account. be aware of FEMA rules and regulations. if you want to be on safer side, you need to declare these assets and gains in your US tax returns. 
Because of inflation, investments in India appear lucrative, when you want to convert, INR rate for a dollar could be at 90 or 100, depending on how long you hold these investments. I personally would not go through this hassle.
 

Instead, use a broker like vanguard, fidelity.. etc and choose to invest in foreign stocks, if you are really interested in foreign investments. 

final ga cheppochedentante, yekkada unnavo akkade investments chesukovatam manchidi. 

Also rules change a lot in India.. there may be additional restrictions on investments and money transfers in India in the future.. 

[HugoStrange]

16 minutes ago, Thokkalee said:

Also rules change a lot in India.. there may be additional restrictions on investments and money transfers in India in the future.. 

eppudu ayithe levu kada?

[SRK_SRK]

1 hour ago, samprok said:

1st and foremost: DO NOT invest in India. You will never see that money back in USD in your entire life. intlo vallu mast cheptaaru. 2 years lo 3 crs avutundi etc, but if you cannot liquidate that and trasfer that money back to USA, there is no use.

Next: converting to cash is not easy these days. Everyone are capped at cash withdrawls of 10L per year, beyond that 30% TDS deducted in bank and you need justify needs to IRS to get that money back. konthamandi for a fee cash istaaru, risky. another easy option is find a small business like fertilizer shop etc, where they get a lot of cash from farmers. You transfer money to them, they will give you cash.

I strongly advice not to invest in India, let alone nalla money (cash). at least all white ayite 20-30% tax katti convert chesukovachu. 

 

if you have more questions, DM me. 

this is one side of the coin.

the land rate appreciates 100-1000% and even if you get all your money back in white by paying all the taxes/penalities still you will end up with more profit than putting your money in usa bank.

Retire in India trend started as everyone realizing the luxury in India with money so you mayn't need to get money back here if you retire in India.

So, I suggest to analyze both sides and decide on your family needs.

 

[HugoStrange]

17 minutes ago, Ryzen_renoir said:

You can invest in ADR of Indian entities in New York stock exchange 

A few companies are there

https://in.investing.com/equities/india-adrs

Stocks kante ETF's lo invest cheddam ani chusthunna. Dont have enough time to do the research the stocks 

[Assam_Bhayya]

2 hours ago, Lite said:

Hyd lo Oka land kondam ani anukuntunna kani andaru cash adugutunaru. Eam chestaru US nundi 1.5cr daka cash antey kastam. Andaru ela kontunaru ?

90% cash transaction tho kuda buy cheyochu, but you’ve to be in India to handle all these things. Either you or your wife. 
Just telling, it can’t happen smoothly even with your parents, in-laws, siblings, don’t believe cloj prends or any other most trustworthy people in u r relatives or friends circle. Because “no body friends in u r friends circle”  these days.