What are the benefits of transferring from brokerage accounts where we hold ESOPs/RSUs?

Here are a few reasons why investing ESOP/RSU proceeds abroad is beneficial:

Diversify your wealth: As the underlying value of the ESOP grows, more and more of your wealth might end up concentrated in the stock of just one company. In order to create a more robust portfolio, it would be prudent to diversify your holdings into multiple companies or ETFs
Invest in the US market without forex fees and TCS: If you own ESOPs in US-listed companies, you can easily transfer USD from your ESOP account to a Vested brokerage account to invest in 5,000+ US stocks and ETFs. You would not need to pay any forex conversion fees or have funds blocked because of Tax Collection at Source (TCS) since you would not be transferring funds from India or converting currencies.
Fast fund transfers: You can move funds into your US brokerage account quickly via domestic ACH or wire transfers via a completely online process

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Is this applicable after/before exercising the ESOPs?
This fund transfer method described above provides instructions on transferring funds once they become available after exercising the ESOPs.
What are the forex charges applicable when transferring USD to my Vested US brokerage account?
The conversion and remittance charges depend on the bank you use for remitting purposes. Typically Indian banks charge ~ 1-3% forex markup to convert INR to USD.
How do I migrate my US Brokerage account from INDMoney/Stockal to Vested?
You can transfer securities from one DriveWealth to another DriveWealth account only if you're the primary account holder for both these accounts. Please note that third-party transfers are not allowed on our platform. You need to fill out the ...
Can an HUF or business entity open US investing accounts with Vested?
Unfortunately, we cannot offer this service at the moment as our broker partner does not support HUF and business entity accounts.
How to transfer USD from IDFC Bank to Vested Brokerage account
Step 1: Log in to the IDFC Net Banking portal Figure 1 Step 2: Select “Pay Abroad”. Figure 2 Step 3: Check the account from which you want to transfer funds and click on “New payment” Figure 3 Step 4: Enter the amount you want to transfer and click ...

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