How do I move my Indian savings into US investments the right way?
Do it in a deliberate sequence rather than all at once. First, confirm the funds can be repatriated: NRE and FCNR balances move freely, while NRO funds are capped at $1 million per Indian financial year and need Forms 15CA/15CB. Second, pay or document any Indian tax due before remitting, and keep records for the US foreign tax credit. Third, wire the money to your US account and invest in US-domiciled funds and ETFs — never re-buy Indian mutual funds, which would recreate the PFIC trap. Fourth, mind currency timing only loosely; trying to nail the exchange rate usually backfires, so move in tranches if the sum is large. Finally, fold the new dollars into your overall plan. wealthserene.com/tools/return-to-india helps you frame how much to consolidate versus leave in India.
Educational disclaimer: All content on WealthSerene.com is for educational purposes only and does not constitute investment advice. Projections and calculations are illustrative — actual results will vary based on market conditions, your specific situation, and many factors outside this tool’s scope. Always consult a qualified financial professional for advice specific to your situation. View full disclosures →