Thanks for your help in advance
- I have sent the money to NRE account.
- From my NRE account I transfered money to my wife Indian account to buy the land.
- My wife ( She is dependent on me having H4 visa) bought the land/plot on her name since she was visiting during that time.
- After two years we are planning to sell that land with profit.
- Now I want to get entire money back to U.S, Is it possible?
- I am fine to pay on tax on profit either to Indian or U.S government. At least can I get the money what ever we invested initially?
- How do we get back to U.S?
Please help me,
Thanks,Reddy