Your NRI finances, finally organised.
NamasteWealth is the privacy-first financial dashboard built specifically for Non-Resident Indians managing cross-border wealth, US tax compliance, Indian rental property, and multi-currency investments.
FBAR Status
Below Threshold ✓
Net Worth
$2,84,500
Managing money across two countries is complicated.
NRIs in the US must file FBAR if foreign accounts ever exceeded $10,000 — even for one day. Form 8938 has separate thresholds based on filing status. Indian rental income must use a specific IRS depreciation method. Capital gains on Indian investments use per-year IRS Treasury rates. Most financial apps don't understand any of this.
NamasteWealth does.
Two rates. Two purposes.
NamasteWealth intentionally uses two different exchange rates — one for your net worth, one for compliance.
For your net worth
Live Rate
Real-time interbank rate fetched from the open exchange rate API. Used only for your dashboard net worth display — gives you an accurate picture of your wealth today.
For all compliance
IRS Treasury Rate
Published by the US Treasury each December 31. Used for FBAR, Form 8938, rental income, and capital gains — exactly what your CPA needs. For 2024: 1 USD = 85.577 INR.
Everything an NRI needs. Nothing they don't.
FBAR & Form 8938 Compliance
Auto-calculates FinCEN 114 (FBAR) and FATCA (Form 8938) using official IRS Treasury year-end rates. Tracks peak balances across all your NRO, NRE, FD, PPF, and Indian investment accounts.
Rental Income & ADS Depreciation
Tracks foreign rental property income with mandatory ADS 30-year straight-line depreciation and mid-month convention (IRC §168(g)). Generates Schedule E-ready figures using the IRS Treasury year-end rate.
Capital Gains — FIFO Method
Tracks Indian mutual fund and equity sales using FIFO lot matching. Each buy and sell lot uses the IRS Treasury rate for its specific year — exactly as your CPA needs it for Form 1040.
Multi-Currency Net Worth
Tracks accounts in USD, INR, GBP, EUR, SGD, AED, and CAD. Live cross-rates from the interbank market blend all currencies into a single accurate net worth figure in real time.
Foreign Tax Credit (Form 1116)
Estimates your eligible Foreign Tax Credit for Indian taxes paid on rental income, interest, and capital gains — helping you avoid double taxation under the US-India DTAA.
CPA-Ready PDF Exports
Export a Compliance Summary PDF with FBAR totals, Form 8938 balances, and filing status thresholds. Export a detailed Rental Report with full ADS depreciation schedule. Hand directly to your CPA.
Forex Rate Alerts
Set a target INR/USD rate and get notified the moment the live rate crosses it. Time your remittances and repatriations to maximise value on every transfer.
Privacy First — All Data On Device
Every account balance, tax figure, and property detail is stored using SQLite on your device and never uploaded to any server. No account required. No login. Works offline.
IRS Compliance Numbers
NamasteWealth bakes these thresholds and rates in. Your CPA will thank you.
FBAR threshold
$10,000
Aggregate peak, any day of the year
Form 8938 — Single (US)
$50K / $75K
Year-end / anytime
Form 8938 — MFJ (US)
$100K / $150K
Year-end / anytime
Form 8938 — Single Abroad
$200K / $300K
Year-end / anytime
Form 8938 — MFJ Abroad
$400K / $600K
Year-end / anytime
2024 IRS Treasury Rate
85.577
INR per 1 USD (Dec 31 official)
Built for real NRI situations.
Filing FBAR for the first time?
The app tracks peak balances across all your Indian accounts automatically — no spreadsheets needed. See instantly whether you're above the $10,000 aggregate threshold.
Indian rental property on Schedule E?
Foreign property must use ADS depreciation — not the 27.5-year GDS method. NamasteWealth calculates the correct 30-year ADS deduction with mid-month convention so you never claim the wrong amount.
Sold Indian mutual funds or equity?
Capital gains on Indian investments are taxed by the IRS using FIFO lot accounting, with each lot converted at the IRS Treasury rate for its year. NamasteWealth does this calculation automatically.
Sending money back home?
Track every remittance and compare your effective exchange rate to the interbank rate. Spot exactly how much each bank or transfer service charges in hidden spreads.
Your financial data never leaves your phone.
Local SQLite
All balances, accounts, and tax data stored on-device only. Never uploaded anywhere.
No Account
No sign-up, no email, no login. The app works completely offline after the first rate fetch.
Face ID / Touch ID
Optional biometric lock. Your biometric data stays in your device's secure enclave — we never see it.