Same as bank accounts and mutual funds, its not easy task for the Indian government to identify the property of NRIs and their earnings from them. There are many US based NRIs, who are planning to sell their property in India and for that they are ready to offer big discounts and the reason behind […]
FATCA Archive
December 21, 2015 6:00 pm
US NRIs are selling their properties in India due to implementation of FATCA
November 15, 2015 10:00 am
Hard-won green cards may no longer be valuable assets for NRIs as Indian government has signed up FATCA with US government
It seems that US passport will not be priced possession anymore for NRIs due to FATCA (Foreign Account Tax Compliance Act), which was signed up Indian government and US government. Some Indians are planning to surrender their hard-won green cards because now India and US are agreed to exchange financial information for the benefit of […]