U.S. Citizens Living in America
For individuals who live in the U.S. but continue to hold bank accounts, investments, property, or family assets in India.
US-India Wealth & Foreign Asset Planning
For U.S. citizens, Green Card holders, and Indian-origin families with bank accounts, investments, property, business interests, or family wealth in India.
Green Card Holders & U.S. Tax Residents
For taxpayers who may need to report worldwide income and foreign financial assets after becoming U.S. tax residents.
Indian Families Moving to the U.S.
For families who want to review Indian assets before or after becoming U.S. tax residents and avoid avoidable tax surprises.
Families with Cross-Border Wealth
For families managing gifts, inheritance, property transfers, family businesses, or long-term wealth across India and the United States.
Common situations
Common situations we advise on.
Many clients come to us after realizing that assets considered simple in India can create detailed reporting or planning issues in the United States.
I have bank accounts or fixed deposits in India.
We help determine whether accounts need to be reported on FBAR, Form 8938, or other U.S. tax disclosures, and how interest income should be reported.
I own Indian mutual funds or Demat investments.
We review Indian investment holdings for potential PFIC treatment, income reporting, and planning alternatives before transactions are made.
I sold or plan to sell property in India.
We help coordinate U.S. capital gain reporting, India tax withholding, foreign tax credits, currency conversion, and repatriation planning.
I received a gift or inheritance from India.
We help evaluate U.S. reporting requirements, documentation needs, and future income or sale implications connected to inherited or gifted assets.
I have PPF, EPF, NPS, or retirement savings in India.
We help analyze how Indian retirement and savings accounts may be treated for U.S. income tax and foreign asset reporting purposes.
I own or manage a business in India.
We help identify whether foreign business ownership, directorship, partnership interests, or related-party transactions create U.S. reporting obligations.
How Seva can help
Compliance and planning, under one roof.
Compliance & Reporting
- ✓FBAR / FinCEN Form 114 review
- ✓FATCA / Form 8938 analysis
- ✓Foreign income reporting
- ✓PFIC review for Indian mutual funds
- ✓Foreign gift and inheritance reporting review
- ✓Foreign business ownership reporting review
- ✓Foreign trust and family arrangement review
- ✓Prior-year cleanup and disclosure support
- ✓Indian tax return preparation
- ✓India tax law compliance coordinated with U.S. tax residency
Planning & Advisory
- ✓India-to-US repatriation planning
- ✓Indian property sale planning
- ✓Foreign tax credit planning
- ✓Pre-immigration and residency transition planning
- ✓Asset restructuring before major transactions
- ✓Cross-border estate and family wealth planning
- ✓Treaty-position review
- ✓Coordination with India-side tax advisors when needed
Why India is different
Why India requires specialized cross-border review.
India assets often look straightforward locally but can be complex from a U.S. tax perspective. A fixed deposit, mutual fund, inherited property, family company, or retirement account may have different reporting, income recognition, currency conversion, and documentation requirements in the United States.
Seva understands the practical details behind India-specific assets such as NRE and NRO accounts, fixed deposits, PPF, EPF, NPS, Demat accounts, Indian mutual funds, family-owned property, and India-based businesses. That allows us to help clients identify issues earlier and plan with better information.
Common India asset
Potential U.S. tax consideration
NRE / NRO accounts
FBAR, FATCA, interest income, account ownership
Fixed deposits
Interest income, exchange rates, account reporting
Indian mutual funds
PFIC analysis and reporting complexity
Indian property
Capital gains, rental income, foreign tax credits
Gifts from family
Documentation and possible reporting
Inherited property
Basis, future sale, income, and reporting review
Indian company ownership
Foreign entity reporting and related-party issues
Our process
A clear path from review to filing.
1. Asset Review
We start by understanding your India-based accounts, investments, property, entities, gifts, inheritance, and income sources.
2. Reporting Map
We identify which U.S. tax forms, disclosures, and income reporting items may apply based on your facts.
3. Planning Options
We discuss planning opportunities before major transactions such as property sales, asset transfers, gifts, or repatriation.
4. Filing & Coordination
When appropriate, we help with U.S. tax filings and coordinate with India-side advisors so both sides are considered.
Have assets in India?
Schedule a US-India Asset Review. We'll help you identify reporting requirements, potential tax exposure, and planning opportunities before you make your next move.