Tax optimized investment strategies for OCI holders retiring in India
My spouse and I, both in our 40s, are considering retiring with primary base in India and retaining our investments in the US for the most part. Our current NW is USD 5M. OCI holders. Our investments breakdown roughly:
25% in RE
45% in brokerage account (mostly boiler plate vanguard ETFs)
30% in retirement (roughly 60% of this is in Roth and 40% is in traditional 401k).
Once we become India tax residents and RNOR period is over, there is a tax burden on dividend yields from brokerage accounts and Roth accounts (which India does not consider as a retirement account). We would like to understand how folks from a similar background who have successfully retired in India approached their investments (post retirement) to minimize yearly tax drag in India.
Thank you in advance for your perspectives.