Hi
I am new to this field itself. I am going to get some stock options from a company in India and they are only going to transfer it to a DEMAT account. For that purpose I am opening an NRI - Repatriable account with ICICI, but I understand NRIs in USA can not open account with online trading companies like ICICIdirect.com. Here are my questions:
- What is the easiest way for me to sell off these shares. I don't mind paying a little extra charge for convenience.
- Is the NRI - Repatriable account the best choice. I would like to be able to get the money back to US but I am afraid it should not affect my ability to sell the shares.
Please note I am not a regular investor and for the most chance this might be my only transaction.
Thanks
I am new to this field itself. I am going to get some stock options from a company in India and they are only going to transfer it to a DEMAT account. For that purpose I am opening an NRI - Repatriable account with ICICI, but I understand NRIs in USA can not open account with online trading companies like ICICIdirect.com. Here are my questions:
- What is the easiest way for me to sell off these shares. I don't mind paying a little extra charge for convenience.
- Is the NRI - Repatriable account the best choice. I would like to be able to get the money back to US but I am afraid it should not affect my ability to sell the shares.
Please note I am not a regular investor and for the most chance this might be my only transaction.
Thanks