Invest in Emerging Towns & Cities Singapore stock from India

Yes. Indian residents and NRIs can buy Emerging Towns & Cities Singapore (1C0) shares directly through Paasa. Emerging Towns & Cities Singapore is listed on the Singapore Exchange, in the Real Estate - Development industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Emerging Towns & Cities Singapore does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.

Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.