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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (64355)5/27/2005 5:20:27 PM
From: arun gera  Read Replies (1) of 74559
 
>If money can't escape, it's unlikely to volunteer to go to prison. Go to India and die.>

It is now allowed to escape with some paperwork (with a passport, figuratively speaking). As a Non resident Indian , you can put your money in India in a foreign currency, and can repatriate it easily. However, if you put money in a rupee account it is difficult to get it back.

Much better than before, when top executives from indian companies had to break foreign exchange laws just for a couple of nights of stay when travelling outside India.

-Arun
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