How much money is enough to return to India?

[@nitishkumarsharma6326]

Past few months I have been having serious discussions with my wife and my family about me and my wife moving back. Most of my immediate family is either in Canada or dividing time between India and Canada. But I think I've had enough now. :) Searched on youtube about all of this and came across your videos. Your videos are giving good perspective on all of this. thank you

[@no-oneknows9236]

Thanks appreciate it

[@vinaychavan4364]

We are following similar mindset, No debts, Internal transfer, Yearly expense, A roof above your head. Our goal is April 2024.

[@no-oneknows9236]

Cool ,you would be ok then. Internal transfer or job in hand gives you more confidence.

[@devarshkaka9672]

@@no-oneknows9236 Hey, update?

[@avash2009]

So did you come back ?

[@vinaychavan4364]

@@avash2009 Yes. I moved back to India this April.

[@HR-du4tt]

You rock man. You are 100% right. No number is the right number.

[@vivekandsaxena]

Fear of missing out is the biggest reason..we take our decisions influenced by the life other people are living

[@no-oneknows9236]

@vivek I feel same . It is just FOMO. Thanks for your comment

[@LifeJoyAdventureVlogs]

Never fall in that Trap

[@ManpreetSingh-rt2cz]

We took this step in Feb this year and moved back to Delhi from Canada with our 2 boys. Elder one is 5 years and younger is 3 months. Initially I felt It was wrong decision but as time goes by I feel that’s the best step we have taken to get out of western trap.

[@no-oneknows9236]

Wonderful, I feel same .

[@awesomekj5812]

For how long did you stayed in Canada ?

[@balasubramaniam5516]

This is high quality content and great advice. Thanks a lot!

[@no-oneknows9236]

Thanks

[@abhijeetkislay]

Beautiful video! Thanks sir! I am in this situation where I have spent 8 years in the US. I have set up a cutoff date based on the age of my kids and your video reaffirmed my thought process! More than anything, I want my kids to grow up with Indian ethos and experience first hand the rich culture and spirituality that we have in our land. Thanks again! 🙏🏼

[@no-oneknows9236]

Thanks for your comment Abhijeet and all the best. Please let me know if I can help you with.

[@abhijeetkislay]

@@no-oneknows9236 Actually there are some questions I wanted to understand. Maybe more apt to ask on email.

[@no-oneknows9236]

Sure [e-mail]

[@sumanc143]

What’s the kids cutoff age and are they us citizens?

[@dra2022-b8o]

i gave up on them after realizing that even in India the kids are now growing with American ethos. Even in smaller town and without high end schooling.

[@immigrationadviser4711]

Thank you for your video, very genuine. NRI here, living in NZ for 15 years, wanting to come back❤

[@jontyrhodes4155]

Why

[@immigrationadviser4711]

@@jontyrhodes4155 not because there is anything wrong with New Zealand, it is one of the finest country a person can ever reside. My reason are my old parent who could not come to NZ due to ill health.

[@jontyrhodes4155]

@@immigrationadviser4711 i want to move to west , i think its best life to live in west

[@ashwinivikas8462]

Very well explained sir. I was one among the people who asked this question. Thanks a lot for your time and advice.

[@no-oneknows9236]

@AshwiniVikas You are most welcome and all the best.

[@sachinpanwer9030]

An eye opening video!....Thanks for getting to the core thinking of us!

[@no-oneknows9236]

Glad you enjoyed it!

[@nivetham.v5674]

I just had this discussion with my partner. We came a month ago and i badly wanted to go India soon. But my partner is so sure for a long term. Not sure about the goal. Now we'll think about it . Thanks for this amazing video

[@Realn00bGamer]

@ 5:30 . You mention 5 crores for retirement. I currently have 6C saved but I am still confused if it is enough. At least I have one data point. Thanks man.

[@no-oneknows9236]

It is always next big number game in our minds , just remember time is running out and just balance your life priorities.

[@gyanendragupta4752]

Thanks a lot. Emotion are everything

[@vamsishankar123]

I agree to what you said, we need to clear with return to India…One other thing what is the companies expectation on people who returned from US. In US you can be a Developer or QA for your lifetime I feel in India it’s not the case we need to climb up the ladder of hierarchy for us to get better salaries. Does the companies expect to perform exceptionally well and take the key role

[@shaneward2588]

Developers are easily earning 25-30 lpa salaries now in India. Not sure what is the good salary target in your mind?

[@Travelwithpathak]

I am living in canada and always feel home sickness. So this is really helpful and practical video. Thank you sir .

[@no-oneknows9236]

Thanks for your comment. Please pay attention to the home sickness feeling and see if it is actually because of country you ate living in or some other factors unless you know the reason you can’t resolve it.

[@mannysubramanian8393]

Many of those in the US/Canada, may inherit a home or something in India. In that case returning makes sense. If one has nothing in India, moving back will be a financial challenge, given the low salaries in India. In any case, if kids are over 15 yo, they may find it very difficult to adjust. Very rarely I have seen parents with teenagers move back.

[@dwarakesh]

Very sound points. Very very valid. Keep it up.

[@thewanderlustco.]

so from being an immigrant in USA and became an internal immigrant in India. Home town is always emotional. Good luck for your second phase of career. Eventually you belong to your home town and settle there but may be without your kids. No one knows kids want to live in dad's hometown, another thing is that an immigrant is always an immigrant, this is what immigrants around the world says. I left home before 14 years, and still have emotional attachment to my home town but i prefer to keep it in that way of memories, but not thinking about settling soon. Cost of living is getting high in India and i am always worried about the integration into the society, because of unfamiliar practices and corruption. It seems real hard. You are right it depends on personal perspectives of an individual, But one day we are destined to our hometown.

[@no-oneknows9236]

Thanks appreciate your comment and sharing your perspective.

[@shazshaz3142]

Very genuine video n practical. It all depends on how much Is enough as you rightly mentioned!

[@MrUpadhyayrajeev]

One thing people fail to understand or realize late that your grown-up kids will not be happy to move. So yes you can earn unlimited money but time will lapse

[@no-oneknows9236]

So true. Thanks 🙏

[@pmexplore]

thank you for one of the most honest feedback

[@bvssrsguntur6338]

All the examples, I have seen are those that moved back with intracompany transfer. Looks like securing a respectable one there is hard

[@no-oneknows9236]

It is not hard but you just need to plan accordingly.

[@VinoJemil78]

That's so correct sir I like to follow your advice

[@no-oneknows9236]

Thanks 🙏

[@xxxx-tb4de]

Not sure why people even ask/listen to others to determine where they want to live. It is a personal decision, think for yourselves and do what you want to do. It is simple.

[@shrikantpatil007]

A major factor that everyone need to consider is the pollution in India. Air, Water and Soil, everything is highly polluted and no one is concerned about it currently. If you have kids, it's something you should seriously consider. School going kids are dealing with lung damage in major cities which sadly is permanent.

[@PrabhuKumarkunghattehall-kn5fh]

I do see this an issue but it is same in major developed countries of highly populated cities.. but it is not that bad as you are thinking .. you can plan to tier-2 cities if you are really concerned about traffic and pollution

[@MrAbhithepandey]

Insightful video.

[@no-oneknows9236]

Thanks for your comment @MrAbhithPandey

[@AshishOnline]

Very US centric advice. I cannot even think of numbers like 5cr in europe and uk.

[@Ramboag1945]

your video reminds me of my state of mind many year ago in same phase of life ...thx bro for reality check

[@no-oneknows9236]

@norsking777 thanks for your comment, all the best.

[@Sivakrishna-mz7qk]

Thanks for sharing and it really make sense of your words

[@geethav1693]

Make your own decisions ,don't compare with others,money cannot bring happiness.

[@no-oneknows9236]

So true . Thanks for your comment.

[@chilli_spici2286]

I am 30 years old single in US. I am thinking of moving back.

[@satishgorti7941]

Thank you for the video...

[@no-oneknows9236]

Thanks for your comment and appreciation.

[@bvssrsguntur6338]

5 crore INR=$601,259.00 USD.

[@emailshe]

better keep that USD in USA and transfer every month, the moment you transfer inflation will melt away its value, and then also the Indian tax questions from Banks

[@shilpaa6606]

Thank you for this video sir very useful for me ..

[@no-oneknows9236]

Glad to hear that, thanks

[@gunjanshah656]

I like your statement about lids and most pf the people struggling because of kids accepted US system. Which is right age for kids to move before they start accepting US system?

[@no-oneknows9236]

Thanks for your comment. To be honest with earlier that better but middle cut off is good like 6th / 7th grade but I know few kids joined 8th grade in India. Also there is always option of IB/IGCSE if kid are In higher grades.

[@goldguilder9554]

You don’t need 1 lakh per month to live in India unless you want to live like a rich person over there. 20,000Rs should be enough for an Indian man

[@no-oneknows9236]

@@goldguilder9554 I agree with you it is subjective and given are my expenses not everyone

[@pasapr]

The age of children should be less than 10 years if you want to go back and have them adjust in India easily. I have seen various sets of problems when parents go back when the kids are teenagers. Also it is not fair to the kids to uproot them after that age.

[@pasapr]

The other age for you to go back is after the children are all settled and have their own career in the US. More of a retirement lifestyle in India.

[@pasapr]

The other thing you need to consider is age of the parent back home in India. I would want to be there to take care of them when they are old.

[@judyshibu1783]

Your content was the exact information I was looking for. I am still in my early thirties planning to move to Canada, but I also aspire to come back to India in next 5-10 years, once my future kids get citizenship and I have some savings :)

[@no-oneknows9236]

All the best 😀

[@yashgandhi4163]

Canada is bad choice if you want to do whatever you listed.

[@ravishingravi]

Your future kids get citizenship 😂 We Indians can live in the future.

[@mahtabsoin7239]

Canada is not where you make money.

[@anveshpathak9023]

nice chair 👍

[@no-oneknows9236]

Thanks!

[@arohila]

How to you write 20 lakh to convert to US dollars? Good point to pay down all debt. Thanks

[@Truthfully12312]

Very practical advice

[@DumDumDigaaDigaa]

Bhai .. God forbid but are you accounting for any medical emergencies for family and how much

[@no-oneknows9236]

Once you are in India you can take medical insurance for family. There are many options available.

[@scd7812]

Hi. How did you convince your employer to retain you when you moved to India? Also has your work life balance changed at all? I am assuming that you are working for the same team as you did in the USA?

[@no-oneknows9236]

Thanks for your comment SCD7812 . Work life balance and other details I shared in this video Work life experience- Return to India kzbin.info/www/bejne/i3WclYSNpbamnq8 Please let me know if you still have any questions.

[@555mubin]

Your daughter was 12 years old. What were the challenges for her in terms of coping up with educational curriculum back in India. Was she able to learn the languages? Have you opted for Intenaional schools rather than regional?

[@no-oneknows9236]

I made some videos in same topics , please have a look. kzbin.info/www/bejne/pauvfJ2da5ZlkJIsi=w5Nz_FKuATYWRoAV kzbin.info/www/bejne/aYbdmHSbbMhknbMsi=Krl4b1QJ3u9NFZ_h kzbin.info/www/bejne/noSTlmd3jb1jacUsi=wFwPtUWxN4HiPE-1 kzbin.info/www/bejne/rp7Mi2uVe56HpNEsi=XqznFZbSQASN44Gr

[@shivanihallan7329]

I m 49 have around 15 cr ind rupees..want to retire and just work on my hobbies. Akready have paid up kothi in india. Confused about should i come back or no..any advise

[@no-oneknows9236]

Thanks for your comment. I am not a financial advisor but I would have happily retire even with half of what you mentioned but again you need to calculate your living expenses in India which depends on various factors like city , lifestyles etc. All the very best and congratulations on your wealth accumulation.

[@manuvns]

It should be 25 times you annual expenses , so if you spend 12-18 lakhs you need mosly less than 4-5 cr . If you don;t plan on working

[@no-oneknows9236]

@manuvns That’s what I learned from early retirement article and suggestion.

[@amolsw]

There is no fix answer to this. It depends on when you retire(and not planning to work). If you retire at 30-32 then 25 times may not be enough and if you retire at 50, 25 times is pretty good amount. There are more factors to it.

[@TheManasmit]

​@@amolsw lovely reply

[@greenearth4611]

What’s your plan about your kids college education? Do you plan on undergrad or masters for them in US? Have you considered all that?

[@no-oneknows9236]

@@greenearth4611 no , going to cross the bridge when you come to it.

[@TheSameerpandey]

Sir … amazing content!! My situation- On H1B and came to US in Dec, 2021 through a consultancy worked here for 12 months from Feb2022 to Jan2023(initial sat unemployed for 2 months) After 12 months, was laid off and sat unemployed again for 6 months. Working now for 5 months but again contract ending in Jan 2024. Your suggestions? I am a developer so can get a decent pay in India as well. Should i come back?

[@no-oneknows9236]

Hi Sameer , sorry for your current situation. You can find jobs in India as well but it largely depends on your skills set and industry experience. Prepare and learn the marketable skills and you can find jobs in India and USA. All the best.

[@dra2022-b8o]

if you are unmarried, stay in USA till you can fight adversity. move to silicon valley if you get a chance. move to a cheaper city near silicon valley in lay off period

[@sanjitneogi8017]

Very Beautiful Pawan ❤

[@fwefhwe4232]

your moustache suits you perfectly !

[@no-oneknows9236]

Thanks 🙏

[@prblsoni]

Good perspective

[@no-oneknows9236]

Thanks

[@viktrancestudio6398]

Nice video bro. I heard these days to live comfortably in Hyderabad or Bangalore you need 10 L / month take home income. Especially if you are looking to have luxury car with driver , kids in international school, eating out weekends, maids cooks at home etc. Thoughts ?

[@no-oneknows9236]

Thanks for your comment. 10 lacs per month would be exorbitant , you would be ok with 1 to 2 lacs per month except luxury cars

[@mog9131]

Sir, what do you suggest about the 401 k for those planning to return?

[@no-oneknows9236]

Good question I will surely answer in next video. Thanks

[@DumDumDigaaDigaa]

​@@no-oneknows9236will look forward to it

[@Vallal]

Same question 🙋

[@manishdevgan7004]

this is such an amazing advice. i have been debating this for sometime and it is difficult to come up with a number. im way younger than you are sir, definitely not married, i think its easy for me in that regard since i dont have to worry about kids or anything. however what i worry about it where to get back to? im currently debating one thing in my head, maybe if you can help out a little, if i stay in whatever place i am, and i move to lets say some indian city which is not my hometown or where my parents are then how does it make much of a difference? considering that money is not the concern. working in BLR vs working where i am right now for example?

[@no-oneknows9236]

Thanks for your comment. If money and job is not constrain nothing better then living in the city where your parents are settled or hometown.

[@ashishrathi9922]

I am in africa and my target is Rs 5 Crore in next 5 - 8 years

[@no-oneknows9236]

Nice

[@siddharth0401]

Africa mein 1 cr every year?

[@ashishrathi9922]

@@siddharth0401 not now.. but target hai

[@siddharth0401]

@@ashishrathi9922 all the best👍💯, I hv already reached there in India but took me long time

[@bombayjohn3057]

@@siddharth0401 Good question

[@johnorton4418]

Masters in agriculture or horticulture (agriculture and horti is stem course). Is it worth it? How is job market for agri or horti? Salary?

[@no-oneknows9236]

Sorry not about horticulture or agriculture. Please check LinkedIn for suitable companies and jobs.

[@johnorton4418]

@@no-oneknows9236 👍

[@DumDumDigaaDigaa]

Bhai also did you consider working US hours with a US company for $.... Did you find any options.. Or any suggestions how to get it if you are a US citizen planning to be in India

[@no-oneknows9236]

I didn’t as I got internal transfer to India. You can try freelancing route if you are interested. Easier would be job transfer.

[@dra2022-b8o]

17L in Bangalore without housing cost or with?

[@no-oneknows9236]

That includes rent as well and it is at higher end. Many of my friends have lower expenses than this.

[@ProudIndian_65]

Iam 65 yr old and my husband is 72 years. We are both retired and collecting SS. Iam a nurse, I still do a part time job, to keep myself busy. We have 2 Sons, both married and settled and they have kids who are going to school. We live in NY. We have our own independent home. But now we want to move to the apartment to the one level house. We are looking around to move to the condo (2bed room and 2 baths) sell this house and to buy. The apartment will cost around 700,000 and up. Apart from that the monthly maintenance cost is 1,800 to 2,000. It only covers for security,gym,pool, etc, etc, it doesn’t covers heating and gas. That’s a huge amount of money. We have a house in India, in Mangalore . So how we can do the transition. My husband collects 401k. So how we can manage our assets. Should we contact estate lawyer. We don’t want to go to old age homes. Any suggestions?

[@dra2022-b8o]

@@ProudIndian_65 Unless you are very very relying on your son for physical help if I were in your position i would move to mangalorey. Full time house hold help is possible in India. Not in USA.

[@emailshe]

Why Bangalore, go to Mysore its a Beuatiful City, I am from Kerala but Mysore is the best city in South.

[@Life_is_everything]

You are 💯 right 😊

[@no-oneknows9236]

🙏

[@smaranh]

What would you say is the right age for a child to be if I want to move to India?

[@no-oneknows9236]

Earlier the better but 6-7 grade would be good too, having said that I know someone is coming back to India with 10th grader.

[@amolsw]

Useful information. Sir, I have watched your videos and found them informative. One question - in one of your last video "Mental Trap.." you mentioned that after coming back you wanted to live in Indoor only... Did you move to Bangalore only for job reason ? Thank you.

[@no-oneknows9236]

Thanks for your comment Amol , I always wanted to live in Indore but given that companies want employees to be back to the office locations so I have moved to Bangalore.

[@no-oneknows9236]

[e-mail]

[@Abhisheksharma-rf3qh]

❤

[@siddharth0401]

10 Cr is good to come back

[@outdoorshrimp6169]

What's the difference in Work-Life balance?

[@dra2022-b8o]

in India the balance is definitely worse

[@Here.s_2_Haddie]

Ok HELP I'm trying to the math here Sir. Are you saying that to live well in Bangalore costs 20 lakhs per month? $2500 US?

[@no-oneknows9236]

😀 20 lac per year would be good enough for average middle class family.

[@Here.s_2_Haddie]

@@no-oneknows9236 Thanks! I was low-key worried about moving lol

[@chetanshukla768]

15 saal mein toh aap millionaire banke aye hoge. Fir toh koi bhi araam se settle ho hi jayega.

[@Vijay55234]

Sir You look like and speak like tom hank..

[@kamalaksh.shenoy]

$1B enough?? First of all why return to India if one has left India? For any reason if one HAS to leave the country that one is living in, then one can look for options in other developed country. Whatever people might say returning to India is a stupid idea. If one means that retain the PR or Citizenship of other country & live in India on VISA or OIC/PIO card then it is hypocrisy of highest order. Because everyone who leaves India, leaves it knowing fully well that India is shit hole where the prospects for career, profession, academics, standard of living, ... etc is pathetic even to this day and it will NOT improve even in the distant future. So why return? People who argue against this are the ones who have either acquired citizenship/PR abroad or have their children acquire it (in US by virtue of birth) but talk high of India when there is nothing to talk of it.

[@no-oneknows9236]

Hello Seeker , Chill man take a deep breath and relax 😎. To seek first you need put the judgemental baggage down and realize that different people different choices. It doesn’t make anyone wise by just bashing their home country. Nothing can bring you peace but yourself. Enjoy

[@kamalaksh.shenoy]

@@no-oneknows9236 If India was fantastic, why do people leave it? Stay right there. In your words in your video you talk of USD to INR conversion for saving money, ...etc. Actually what all miss is that India is a low income country while developed west is a high income country. To understand this better if you take up certain jobs in Middle East they PAY exactly the same Indian salary but convert to local currency in local bank account. So if ur salary is ₹1lac its 1lac/whatever is the exchange rate and pay u for the job there in middle east. And this is engineering job. So Developed world pays more money as a result one is able to save money and when savings are converted that makes a killing. Which is definitely good. So if India is great do the same job in India (if one gets its) and enjoy the peanuts. I do not have to put down any baggage. But it is the people who are hypocrites that have to shed their hypocrisy. Besides, I do not bash India. Everyday tons of people who are desperate to leave India who queue up for appointments, willing to pay tons to some consultant who get them some entry into some junk uni, negotiate with employers with onsite assignments, ...etc are the people who daily in action bash India loud and clear. If you get an opportunity to get out of India through legal means, use it, and settle in a good developed country like AUS, SING, FRA, ...etc. That is justice to your talent, potential and future. Else if life gives lemons, then plenty of opportunity to make lemonade in India. Because that's all one can make in India.

[@siddharthsharma5959]

भाई जी आप बहुत अच्छा बोलते हैँ, कृपया करके थोड़ा हिंदी में भी बनाइये अगर संभव हो

[@no-oneknows9236]

हा भाई 🙏

[@AmericanEmperor]

SERIOUS QUESTION: Does Indian Govt snatch some of your savings when you move money to that awful place? I heard that Indian System robs approximately 35% out of any money you move there (mind you I am talking about the savings from US, obviously, after tax).

[@no-oneknows9236]

God bless you man, hope you find purpose in your life.

[@nand3576]

Breathing polluted air, pedestrian walks filled with dog poop😮

[@PrabhuKumarkunghattehall-kn5fh]

Every country has one pros and cons.. In developed countries also see that in many places.. things will be exactly same if you check highly populated cities in the developed countries .. they are many tier-2 cities where you get free of traffic or no pollution.. again it depends on what you want ? What is your motive ? what alignment towards your roots family & friends etc..? Individual can pick what is good for them..

[@Slate-Mate]

Hi Sir -Video was really helpful. I need one suggestion from you. Me (Data Analyst 7 years Exp) and my wife (Software Dev 2 years Exp) thinking to get Australian PR and work there in AUS. Our plan is to work in Australia for 5-7 years and save money in INR as I have good understanding in Mutual Fund etc so I have a number in my mind which might be achievable if we go there and save & Invest in INR. What are your thoughts on this ?? I would love to discuss with you...do you have any other mode of communication where we can discuss ??( email ??)

[@no-oneknows9236]

Sure you can reach me at [e-mail]