More on this topic
About Financial Planner Certification

About Financial Planner Certification

About the Benefits of Financial Planning

About the Benefits of Financial Planning

How to Identify a Defined Benefit Plan's Financial Statement

How to Identify a Defined Benefit Plan's Financial Statement

About Financial Planners

About Financial Planners

How to Find a Certified Financial Planner

How to Find a Certified Financial Planner

Facts on Financial Planning

Facts on Financial Planning

Fee Based Financial Advice

Fee Based Financial Advice

Managing Ameriprise Financial Accounts

Managing Ameriprise Financial Accounts

Home » Categories » Finance » Financial planning
Financial planning
 
Question:
Avatar

"I am based in dubai. I want to invest about 30 lakhs in india. What do you suggest ? Are the legal / financial requirements very stringent for overseas investment? "

By premkmr007 Asked May 19 2008 11:12PM
0
Pts
 
 
Rate Question
Answer Question Help someone!
Get the latest questions in Financial planning 		flag
 

Welcome to Answerbag, a community of people sharing what they know.
Sign up now to ask a question or help someone else by giving an answer!

signup now
Sort answers by: Rating | DateArrow Down
 

Answer 1 out of 2

by Sherri on Aug 10, 2009 at 11:44 am Permalink

Avatar
If you are American and invest in foreign countries/banks, you have some very serious and stringent IRS reporting to do. Personally, I wouldn't do it!
0
Pts
 
 
Rate Answer
 
flag
Comments (be the first to comment)

Answer 2 out of 2

by dr asif bly on Feb 9, 2009 at 8:34 pm Permalink

Avatar
you are welcome.oh no Indian government support too much foreign currency.don't afraid brother.if you have black money than no charge by govt too.u will earn money here and it will be service of my poor Indian brothers too.lot of prays with u too.god bless you.do not afraid please from my India.you are always welcome.
0
Pts
 
 
Rate Answer
 
flag
Comments (be the first to comment)


Add an Answer

"I am based in dubai. I want to invest about 30 lakhs in india. What do you suggest ? Are the legal / financial requirements very stringent for overseas investment? "

How to write a good answer
Your answer:

Display answer in fixed-width font (good for tables or text diagrams)

Answers must adhere to our Terms of Use

To create links, just type the address with no HTML code. Use the Preview button at the bottom to verify.

You can edit your answer at any time.

Add Video Add Iimage


Important: Answerbag cannot guarantee the accuracy of answers submitted by members, and we recommend that you use common sense when following any advice found here. Read full disclaimer.