questions on reentry permit

[pj007]

My wife and I both lost our jobs and we want to go to India for 2 years. Both of us have a green card.

1. Will applying for re-entry permit protect our green cards?
2. How long does it take to get a re-entry permit.? Can we apply, give a friend's address and leave for India?
3. Is there a chance that re-entery permit can be denied? Do we have to give a reson on the application?

We will leave all our 401Ks, IRA accounts in America and put our stuff in storage.

Please help !!!!!!!!!

 

[mplbob]

The applicaton form allows you to elect to receive the re-entry permit overseas (e.g., Chennai consulate). The application is straight forward and one can fill it and leave the country. I have not heard of any cases of denial so far. The reasons have to be temporary in nature - short term assignment, completing some course/program, going to look after elderly parents who may be sick and require care etc. As Joef said, you MUST file US tax returns each year.