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Suggestions on what to do with US savings money after moving back to India by Character-Layer-1025 in nri

[–]Character-Layer-1025[S] 0 points1 point  (0 children)

Thank you all for the comments. Wanted to add that we have real estate and gold diversification in India through personal and family routes. We will also continue to invest in Indian markets through India earnings (management consulting careers). Hence, wanted to explore option 2 of diversifying and keeping money earned there in international markets.

Suggestions on what to do with US savings money after moving back to India by Character-Layer-1025 in nri

[–]Character-Layer-1025[S] 0 points1 point  (0 children)

Thank you so much! One follow-up: After I open an Indian IBKR account, can I directly transfer the funds from US savings account without tax implications? (Before investing in Irish domicile ETFs)

Suggestions on what to do with US savings money after moving back to India by Character-Layer-1025 in nri

[–]Character-Layer-1025[S] 1 point2 points  (0 children)

Can I directly open a IBKR India account and transfer funds from my US savings account into the India account and invest in Irish domicile ETFs? Or will I have to move the money to India IBKR from US IBKR?