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I did not report interest income every year in US tax return. There is no transfer of title happening as part of the agreement until the construction is totally complete, the developer will get title to his share of the land and constructed area, only after the completion of the construction. I can read a lot of articles that talk about repatriating proceeds from India by sale of property but none from sale of gold jewelry. I needed some more clarity on below points: My 2nd part of question is regarding tax residance — if it makes any difference by a trip to USA for few days for looking job and come back.

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Oz, a TV personality made famous by Oprah Winfrey. The fruit is known in India as gambooge. It is apparently also an ingredient in some weight loss products as hydroxycitric acid.