Search
+
    Read. Lead. Succeed. ET Prime - For Members Only
    • Sharp Insight-rich, Indepth stories across 20+ sectors
    • Access the exclusive Economic Times stories, Editorial and Expert opinion

    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
    • FONT SIZE
    • SAVE
    • PRINT
    • COMMENT
    ET

    Uh-oh! This is an exclusive story available for selected readers only.

    Worry not. You’re just a step away.

    Why ?

    • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

    • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

    • Clean experience with
      Minimal Ads
    • Comment & Engage with ET Prime community
    • Exclusive invites to Virtual Events with Industry Leaders
    • A trusted team of Journalists & Analysts who can best filter signal from noise
    • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

    The Economic Times