investing in India vs US

[chantigaduUS]

Hello babulu,

                       2-3 posts chusa ee madya DB lo buying properties in India, investing in India etc, wanted to see emi emi consider chestunnaru me investing decision lo, some of the questions I have. please throw some light 

1. If ur sending/sent money from US to India for investing purposes - India lo settle avudam next few years lo aney plan meeda chesara? if so, what if your plans change and you live in US permanently , how do you plan to bring your money back to US? emi emi jagrathalu thesukovali to move money back and forth in US to prove that it is legal money?

2. If you planned to live in US permanently(current GC holder or EAD holders or priority  date very close to current etc situation ), but sending money to India for investing purposes:  what is the reason for investing in India when you plan to live in US permanently? just for some good returns? the benefits that ur thinking that you will get , does it out weigh the risks like kabza risks, rents ivvakapovadam, property maintenance leka povadam etc

3. finally , how are u guys managing your properties (either land or commercial rental or housing/apt etc). I know parents or close relatives chusey vallu vuntaru but if your properties are in hyderabad but your parents dont live Hyd, how are you guys managing. Emaina reliable property management companies vunnaya? 

thanks. 

[Tellugodu]

My situation-  I have GC and already applied for citizenship. I still send most of the money for investment in India. Father will take care of the property. The reason I am investing majority of my income in India due to higher returns compared to US and know the indian market and dynamics lot’s better than US. If your parents live in India and they have some knowledge about real estate then it’s best to invest in India. I don’t think I will repatriate any money from India until and unless I am about to retire and split the property/money to kids. OCI is as good as citizenship, so I am not that worried about someone misusing/stealing my money/properties back home.

[chantigaduUS]

5 hours ago, Tellugodu said:

My situation-  I have GC and already applied for citizenship. I still send most of the money for investment in India. Father will take care of the property. The reason I am investing majority of my income in India due to higher returns compared to US and know the indian market and dynamics lot’s better than US. If your parents live in India and they have some knowledge about real estate then it’s best to invest in India. I don’t think I will repatriate any money from India until and unless I am about to retire and split the property/money to kids. OCI is as good as citizenship, so I am not that worried about someone misusing/stealing my money/properties back home.

thanks. so u plan to repatriate the money only in the later stages of the life.  for repatriation - how do u plan to show that taxed money was used for investment in the first place. do u send it to NRI accounts always? 

[Spartan]

[Tellugodu]

1 hour ago, chantigaduUS said:

thanks. so u plan to repatriate the money only in the later stages of the life.  for repatriation - how do u plan to show that taxed money was used for investment in the first place. do u send it to NRI accounts always? 

I always send money to my own NRI account. I am not thinking too much about how to repatriate money back (which is almost after 35-40 years later) , maybe hiring a lawyer at that time. If you have trustworthy people apart from parents back home , who can look after your assets then I don’t see any problem in investing in India. You can also opt for property management companies in later stages of life to assist you .

[user789]

7 hours ago, Tellugodu said:

My situation-  I have GC and already applied for citizenship. I still send most of the money for investment in India. Father will take care of the property. The reason I am investing majority of my income in India due to higher returns compared to US and know the indian market and dynamics lot’s better than US. If your parents live in India and they have some knowledge about real estate then it’s best to invest in India. I don’t think I will repatriate any money from India until and unless I am about to retire and split the property/money to kids. OCI is as good as citizenship, so I am not that worried about someone misusing/stealing my money/properties back home.

How do you plan to get money from India - U-S In future ? Let's say its 2-3 Cr...Heard Many ppl face challenges in doing so...

Moreover, every yr $-Rs conversion is going up...so it looks like big disadvantage when you do Rs to $

[JambaKrantu]

Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. 

This is the general trend I observed:-

1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you.

2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you.

3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 

4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again..

5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65

[hyderabadgreat]

paisal leni vallu ela plan cheyali bhayya?

[tacobell fan]

Jamba uncle nee phone number message cheyyi oka 5 mins lo we can discuss intha reading school lo kuda cheyyaledu. 

[JambaKrantu]

14 minutes ago, tacobell fan said:

Jamba uncle nee phone number message cheyyi oka 5 mins lo we can discuss intha reading school lo kuda cheyyaledu. 

Aa messags whatsaap group nunchi copy paste chesa..first para matram naadi 

[Tellugodu]

5 minutes ago, JambaKrantu said:

Aa messags whatsaap group nunchi copy paste chesa..first para matram naadi 

You naughty boy, oka 2CR save chesava US vachi??

[JambaKrantu]

2 minutes ago, Tellugodu said:

You naughty boy, oka 2CR save chesava US vachi??

Entanukunte anta but next year ee time ki retire aipodaamani fix ayya. Have own house in India and two completely paid off rental homes that will pay me 5k in rental income..

[swatz]

1 hour ago, JambaKrantu said:

 

 

Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. 

This is the general trend I observed:-

1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you.

2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you.

3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 

4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again..

5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65

emana cheppara vayya..

 

[Sucker]

1 hour ago, JambaKrantu said:

Unlesss you plan on returning to India and living there, please don't invest there.. All your hard earned money will end up somewhere on the other side of the globe that you never really see or enjoy. Your parents will not stay young forever and at somepoint they can't manage your properties. Managing real estate in India once your parents get old is not an easy job. Trusting relatives, siblings and cousins is foolish. I have seen own siblings cheat NRIs. 

This is the general trend I observed:-

1. First 5 to 7 years in US. Save as much as possible and send to India. Usually they buy an apartment or home for them or their parents during this period. Parents are still young so they are actively guiding you.

2. Next 5 to 7 years get married, use some of the savings as downpayment and buy a home here in the US. Have kids. Start putting some money in 401k or stocks but not much only like 5%. Expenses increase after this phase, you don't save much compared to when you were single. Spouse starts working in majority cases increasing savings. In this phase you start buying plots in India. You buy some 1 to 2c worth of plots depending on how much you can save. Some people buy more also. Parents are not that young but still active enough to guide you.

3. Next 5 to 7 years. Kids start growing up and parents are getting old. You get GC and now you are in two thoughts as you start getting concerned about your parent's health and how you are going to manage the properties without them. 

4. Next 5 to 7 years. You parents are too old now with health issues. They can't actively go out and do anything for you. Your kids are in their teens now and now you realize that they can't survive in India anymore and you can never go back to India because of your kids. Now you completely stop investing in India. Start feeling bad about your situation in the US as most of the money you made is now invested in India and you never enjoyed it. You don't have as much savings here and you don't live in a bigger home or you haven't travelled much. You start worrying about your kids college expenses and your retirement and start all over again..

5. Next 10 years, you try to sell your plots or houses in India but you realize that it is very hard to sell and that you didn't make much because of the rupee value and the taxes you have to pay before you can repatriate the funds back to US.. some lands you can't sell because of wrong papers or double registration. You finally end up bringing only a part of the money you invested and end up losing.. you compare your returns to how much you would have made had you invested that money in rental homes or stock market in the US and feel foolish.. You don't have much money to retire and realize that you have to keep working till 65

Imagination baagundi. Real life la work out aithe baagundi Jamba vuncle. 

[Tellugodu]

54 minutes ago, JambaKrantu said:

Entanukunte anta but next year ee time ki retire aipodaamani fix ayya. Have own house in India and two completely paid off rental homes that will pay me 5k in rental income..

5k lo , property taxes ki and maintenance/repairs ki enta pakkana petali??