PROTECT · VOLUME 3 OF 3 · DEEP DIVEMoney for Indians in the US shelf
Moving Back
The third book for an Indian household weighing a return. It prices the move in rupees, explains the RNOR window and what to do before it ends, and takes the 401(k), IRAs, Roth accounts, the HSA, Indian mutual funds, the US house and other US assets, Social Security, Medicare and health cover through both countries' rules, then covers the first two years back. Every rule is dated and taken from IRS, RBI, SSA or Income Tax Department sources.
Chapters8
Reading time55 min
Worked examples18
Updated2026-10-02
What you will be able to do
- Price a life in India in rupees, turn it into the pool of dollars it needs, and test it against Indian inflation and a moving rupee.
- Work out which Indian tax years after your return are RNOR, and list the sales and withdrawals you would weigh against the end of that window.
- Set the US and Indian rules for a 401(k), IRA, Roth account or HSA side by side, and name the points a Chartered Accountant must settle.
- Compare selling Indian mutual funds, a US home or US investments before and after your US residency ends, and see what India taxes in each case.
- List what to redesignate, report and file in your first two years back, in India and in the US.
Contents
8 CHAPTERS · ABOUT 55 MIN- 01Can We Afford to Move Back? Pricing life in India in rupees at your own city's costs, turning it into the pool of dollars it needs, and testing that pool against Indian inflation and three paths for the rupee, plus the savings you give up or gain.6 min5 computed
- 02The RNOR Window How India sorts the years after your return into non-resident, RNOR and ROR, where the edge cases are, what the window protects and never touches, and which sales and withdrawals people line up around its end.9 min1 computed
- 03The 401(k) and IRAs When You Leave The US withholding and Form 1040-NR on one side, India's tax by residency year and the foreign retirement account relief on the other, why experts contradict each other, and how the treaty fits in.8 min2 computed
- 04Roth Accounts and the HSA When You Leave What qualified Roth money, conversions before you go and a health savings account look like once you live abroad, including the HSA last-month rule, and where India's law says nothing and a Chartered Accountant must decide.6 min3 computed
- 05Indian Mutual Funds: Sell Before or After the Move How the PFIC rules depend on whether you are still a US person on the day you sell, what India taxes in every status, and how a rupee gain differs from the dollar gain the US measures.7 min2 computed
- 06The House and Other US Assets Selling or renting out a US home from abroad, the withholding when a foreign person sells, how the US treats a nonresident's investments, the US estate tax on assets you keep, and what India asks once you are resident.6 min2 computed
- 07Social Security, Medicare and Health Cover Whether a US Social Security record can be paid in India, how it is taxed, what Medicare does and does not do abroad, and what to check about health cover in India, including the insurer's moratorium period.6 min2 computed
- 08The First Two Years Back Redesignating NRE and NRO accounts, the RFC account, what Indian rules let you keep and add abroad, the first resident Indian return and its foreign-asset schedules, and what the US still expects from citizens and green card holders.8 min1 computed
CALCULATORS USED IN THIS BOOK