Foreign Funds

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date Foreign Funds Mike 09-27-2006
Posted by Mike on September 27, 2006, 3:54 pm All, My wife (who lives in the US) and mother-in-law in Thailand recently sold some real estate in Thailand. My mother-in-law has the proceeds in a plain-old savings account in a Thai bank. Other than the recent coup in Thailand, the general state of banks and investment opportunities in Thailand is not stellar. My wife and I have wondered if and how we could bring those funds here to the US and invest them although I don't know who would be considered the owner, how they would be taxed, etc. Any experience on this or who would be a good resource? Thanks much, Mike Similar Threads Posted EAFE and foreign taxes April 11, 2007, 2:39 pm EverBank and foreign currency CDs? February 16, 2008, 5:25 am Foreign Stock in IRA: Taxation Issue February 2, 2007, 12:00 pm sovereign wealth funds vs. hedge funds June 21, 2007, 4:06 pm Inherited Funds March 12, 2007, 4:21 pm dimensional funds April 9, 2007, 12:28 pm 529 or mutual funds, or something else? October 21, 2007, 7:03 pm Suggestions for IRA funds March 4, 2008, 11:00 am Money Market Funds October 7, 2006, 8:29 pm Are there any curreny funds or ETFs? October 15, 2006, 1:51 pm