The 60-second version
Taiwan brokerage exit needs sell holdings, tax summary, depot termination letter, and TWD SWIFT to NRE before India tax residency.
Sell depot holdings before bank closure — Taiwan CG may apply on non-resident exit
Yuanta Securities and Cathay Securities provide securities custody — obtain annual tax statement before depot termination.
Plan sell orders 45+ days ahead — TWD-denominated funds need settlement before wire.
Wire while ARC valid — Taiwan bank guide after depot zero.
Taiwan depot wind-down
| Institution | Tax doc | Step |
|---|---|---|
| Depot | CG stmt | Sell + close |
| Funds | TWD NAV | Redeem |
| Linked bank | TWD | Close after depot |
| NRE | INR/TWD | SWIFT receipt |
Closure
Sell
Liquidate holdings.
Tax
CG if required.
Close depot
Termination letter.
Wire TWD
SWIFT to NRE.
Schedule FA
Last FY foreign asset.
Flow
Taiwan brokerage kit
- Trade confirms.
- Tax summary.
- Closure letter.
- SWIFT.
- Passport copy.
Need help with Banking?
Share your blocker in one line. Our experts will reply with practical next steps.
Linked custody
Close depot before linked bank — bank may block closure with open securities account.
Quick visual
Animated decision map
Community signal
What to watch in real discussions
Search community threads for the exact phrase, then treat repeated complaints as risk signals rather than official advice.
Open nofollow community search ->Interactive checkpoint
Turn this guide into a decision file
0 of 4 checked
Schedule FA?
Declare depot in last FY you held foreign brokerage.
FBAR?
US person — FinCEN 114 if account aggregate > USD 10K.
Form 8938?
US person — FATCA if specified foreign financial asset thresholds met.
DTAA?
Model CG in India ITR with Form 67 foreign tax credit.
Linked bank?
Close TWD account only after depot zero.
Trust depot?
Trustee must sign if legal owner is trust.
Your NRE account redesignation has a deadline.
Banks don't remind you. You need the right account stack before salary, rent, and EMIs start moving. Get the exact sequence.