The couple’s approach flips the traditional narrative: don’t tie up all your money chasing home ownership in expensive suburbs. Instead, rent where you want to live and invest in multiple affordable properties elsewhere.
The United States, while leading the global FDI chart in raw value, ranked only 18th when measured per resident, with just $1,140 per capita
Breaking down the argument, the Reddit post highlights how, under current market conditions, renting often makes more financial sense
Experts warn that strategic planning is now critical for NRIs looking to avoid unnecessary taxes and paperwork under Donald Trump’s sweeping fiscal reforms.
The US Senate has capped the remittance tax at 1%, exempting transfers via ACH, debit, or credit cards.
The funds would be invested in an index fund like the S&P 500, with additional contributions of up to $5,000 per year allowed from parents or others.
This means NRIs can now pay rent, send money to family, or settle bills in India with apps like Google Pay and PhonePe, just like any resident Indian
Trump’s One Big Beautiful Bill Act has slashed the proposed U.S. remittance tax to just 1%, bringing major relief for NRIs sending money to India. CA Disha Sehgal explains how this move helps protect earnings and offers strategies for planning ahead.
If you earn income overseas and pay tax abroad, you could save big on your Indian tax bill. Claiming Foreign Tax Credit (FTC) prevents you from being taxed twice on the same income. But tax consultant Sujit Banger warns: timely filing and proper documents are crucial to avoid costly mistakes.
Financial advisor Akshat Shrivastava is urging professionals to rethink where they earn, invest, and spend to legally minimise taxes. From capital gains tax-free havens like Singapore to zero-GST spending destinations, he outlines a global strategy for smarter money management. His message: "Why live in a high-GST economy when you can keep more of what you earn?"
As NRI investments in Indian real estate continue to rise, a hidden challenge threatens actual returns—currency depreciation. A real-world case study reveals that even a property that doubled in value in rupee terms delivered barely 3% returns in USD.
The Reserve Bank of India (RBI) is set to tighten rules under the Liberalised Remittance Scheme (LRS) to prevent resident Indians from parking funds in foreign currency deposits with lock-in periods.
The 2025 Income Tax Bill introduces a new clause that allows capital gains to be calculated in foreign currency, accounting for forex fluctuations. Experts say the move could reduce long-term capital gains tax by up to 72%, making India a more attractive investment hub for global Indians.
Unlike the earlier regime under the Income Tax Act, 1961, which required NRIs to compute capital gains entirely in Indian Rupees (INR), the proposed Section 72(6) of the new bill allows capital gains to be computed in the foreign currency used for acquisition—typically the US Dollar—and only then converted to INR on the date of sale.
As the ITR filing season for AY 2025–26 kicks off, NRIs have the option to reduce their tax burden through a lesser-known special regime under Chapter XII-A of the Income Tax Act. This optional provision offers concessional rates on income from specified foreign exchange assets.
He also registered an Abu Dhabi branch of Unbound, the investment firm he originally founded in London, last month, according to filings cited by Bloomberg.
The change comes as part of Donald Trump’s newly unveiled One Big, Beautiful Bill Act, a sweeping legislative package targeting trade, immigration, and financial flows
Bigul has launched a new platform enabling Indian residents and NRIs to invest in US stocks and ETFs via GIFT City, starting from just $1. The service, powered by ViewTrade, leverages GIFT City's regulatory framework to simplify cross-border investing.
A bill introduced in the US House of Representatives on May 12 proposes a 5% tax on money sent from the US to foreign countries by non-citizens, including Green Card holders and workers on H-1B or H-2A visas
In 2023 alone, Indians in the US sent over $23 billion to support loved ones, invest in property, and fund businesses. But if this bill passes, every remittance will come with a costly new price tag.
Introduced on May 12, 2025, the bill includes a contentious clause: a 5% tax on international money transfers made by non-citizens. For the millions of NRIs who routinely send funds to their families in India, this marks a sudden and sharp reversal in US tax policy.