Toronto Stock Exchange · Real Estate
Invest in Flagship Communities Real Estate Investment Trust stock from India
Indian and foreign residents can buy Flagship Communities Real Estate Investment Trust (MHC-UN) shares directly through Paasa.
By Paasa · Updated
Flagship Communities Real Estate Investment Trust at a glance
- Price
- CA$29.01+CA$0.01 (0.03%)
- Market cap
- CA$707.62M
- Day range
- CA$29.01 – CA$29.50
- P/E
- —
- Dividend yield
- —
- Volume
- 2.50K
- 1 month
- -3.81%
- 6 months
- +10.26%
- YTD
- +4.73%
- 1 year
- +12.01%
- 5 years
- +47.03%
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Equity LifeStyle Properties | ELS | $58.71 | $11.39B |
| American Homes 4 Rent | AMH | $30.68 | $11.02B |
| Canadian Apartment Properties Real Estate Investment Trust | CDPYF | $22.23 | $3.41B |
| Killam Apartment REIT | KMP-UN.TO | CA$17.37 | CA$2.12B |
| InterRent Real Estate Investment Trust | IIP-UN.TO | CA$13.54 | CA$1.89B |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Flagship Communities Real Estate Investment Trust from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search MHC-UN and buy
Find Flagship Communities Real Estate Investment Trust by name or by its ticker, MHC-UN, and place your order.
Why invest in Flagship Communities Real Estate Investment Trust from India
What Flagship Communities Real Estate Investment Trust does
Flagship Communities Real Estate Investment Trust is a leading operator of affordable residential MHCs primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois. Flagship Communities Real Estate Investment Trust operates in the REIT - Residential industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Flagship Communities Real Estate Investment Trust stock from India?
Yes. Indian residents and NRIs can buy Flagship Communities Real Estate Investment Trust (MHC-UN) shares directly through Paasa. Flagship Communities Real Estate Investment Trust is listed on the Toronto Stock Exchange, in the REIT - Residential industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Flagship Communities Real Estate Investment Trust dividends taxed for Indian investors?
Flagship Communities Real Estate Investment Trust trades on the Toronto Stock Exchange but is domiciled in United States, so any withholding on its dividends follows that country's rules rather than those of Canada. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell Flagship Communities Real Estate Investment Trust shares?
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 CAD/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.