Best Debit Card in the World? & Why?

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This is true... you have to report all your investments or balances to the ITD every year and pay taxes as per Indian law. However, it’s not too complicated… but still, do your own research before proceeding.

Thanks for adding a word of caution.

Also having any kind of foreign assets and not reporting it properly comes under black money act and invites trouble. so, open this account only if absolutely necessary.

 

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hi, some ppl in this thread got a brokerage account & some got a checking account on opening this acc. do let us know which one u get.

You can get checking account only if you have US address. Which is what TF dada has. Otherwise for us usual Indians, only brokerage account.

Even those americans that are living outside USA, as per american law is eligible only for international account and not a checking account.