Going back for good - assets in the USA


mthakershi

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Hello, I am planning to go back to India for good in mid 2015. However, I have to go with my family in November 2014 to settle them down (infant child and ill mother) and then come back to wind up things in the US. I will have to do stamping as I have 3 year H1B extension due to my green card procedure.

 

For some reason, I am not able to come back, what should I do with my bank/brokerage accounts? If I am stuck in India, can I get money out of them?

 

Any help is appreciated.

 

Thanks.

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Bank accounts all have online access. And of course you can transfer money internationally.

You will have to continue to pay US taxes if you have investment income or interest in the US. For people who are not US residents, there is a flat tax, if I remember right.

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