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Want to own FAANG stocks? Here’s how

There is no income tax on capital gains in the US for foreigners. So investors will have to pay long-term or shortterm capital gain tax in India, depending on which category it falls.

Synopsis

Indian investors are currently not allowed to trade in future and options, and can’t short sell. However, the buy-sell day trade can be made but not the sell-buy.

Of late, Indian investors have shown strong intent to spread risk and expand the equity investment horizon to the US as they can now easily own shares of the best companies of the world — from Apple to Tesla. Here are the steps and procedures to put your money in companies that are global leaders in their respective business.HOW TO BUY GLOBAL STOCKS? Retail investors can open an account with brokerages offering a global investing platform or

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Source: Economic Times| BBC News & Gossip

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