What are the tax differences between an Indian gold ETF and LCORE for an Indian resident? A1: Indian gold ETFs held over 24 months attract 20% LTCG tax. LCORE's Abu Dhabi vault has zero UAE CGT. However, Indian residents must report offshore gold assets and may still owe Indian tax on gains — consult an Indian CA for full analysis. Q2: Is the gold in an Indian gold ETF actually allocated? A2: Indian gold ETFs hold gold in designated vaults in India, but individual unitholders own ETF units (a fund liability), not specific bars. LCORE allocates specific, serial-numbered bars to each client — you own the metal, not a fund unit. Q3: What is the RBI LRS limit for holding gold at LCORE from India? A3: Indian residents can remit up to $250,000 per year under RBI's Liberalised Remittance Scheme for acquiring assets abroad, including gold custody accounts. This is sufficient for most HNWI entry-level LCORE positions.

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Indian gold ETFs held over 24 months attract 20% LTCG tax. LCORE's Abu Dhabi vault has zero UAE CGT. However, Indian residents must report offshore gold assets and may still owe Indian tax on gains — consult an Indian CA for full analysis. Q2: Is the gold in an Indian gold ETF actually allocated? A2: Indian gold ETFs hold gold in designated vaults in India, but individual unitholders own ETF units (a fund liability), not specific bars. LCORE allocates specific, serial-numbered bars to each client — you own the metal, not a fund unit. Q3: What is the RBI LRS limit for holding gold at LCORE from India? A3: Indian residents can remit up to $250,000 per year under RBI's Liberalised Remittance Scheme for acquiring assets abroad, including gold custody accounts. This is sufficient for most HNWI entry-level LCORE positions.

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