Moving back to India from the US? * Important things to consider *
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- Опубликовано: 15 сен 2024
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Every one here says no one moves back. Well my own family, my in-laws after their retirement moved back to India and staying like kings after working for 40 years in the US. Well they are US citizens so they can go back and forth. The reasons are weather, domestic helps, availability of everything at the doorstep and most important, there are always people around you there will never be loneliness. Those things you can never get in US even if your bank balance looks like a phone number.
You summed it up very well!
Well said and it is the reality for many as long travel is physically possible
That's goo to know. Which part of India did they move to?
I am from north India, living in the USA(citizen, 40yrs) and planning to move to Bl'or but I feel I might have the language barrier and feeling of loneliness.
Very good Information. Just one question if they are us citizens, wont there be any problem to stay in India?
If they areUS Citizens and have US 🇺🇸 passport,then how can they stay in India fir long time???
I still have my Job but planning to move back. Feels like a slave working in US! But grateful for what I got here!
Bro my honest suggestion if you go back you will regret. Couple of my friends left with same frustration and now literally they want to come back. One of my friends has a business with 8 cr revenue but his kids couldn’t adjust and people also Changed a lot. Honestly it is not like when we went to college or year we came to US. Honest suggestion try all options to stay back.
@@bikshamtg3777 WIll comeback when the PD moves closer. I have my I140 approved. I also have a business in India.
@@usanow3079 Business in India hmmnn do U pay taxes in the US since you are a resident?? if not its illegal, should cancel your GC petition asap
All product companies are now in India and paying well enough. I moved after 9 years of stay. Happy staying close to my roots, keeping my identity and with similar work not much $ savings difference..
Surprised how many are commenting on 1 error in comments - (50-80 $ tea) where rest of the content is good and flawless. Keep up the good work
Thank you 🙏
Mandar , you always make good content,relevant and meaningful for wide range of audiences who are in US or Canada. Can you make a video on 401K , social security benefits , HSA FSAs etc.. when should you actually invest or direct funds into them? Long term / short term benefits? If you are not sure how long you will be in USA, what is the best approach etc ..
Thanks Karthik. Great topic suggestion. I will try to cover this in the future video
India is flourishing a lot and you get similar salaries. Problem for people here in US is with kids in highschool or college , they cannot go. We have been caught in this prison
Yes true for many
This is not normal prison. Golden prison😂
Haha I would like you to go and stay sometime and share how good it is here in this channel if possible 😂
My friend kids are coming from India for undergrad Instead of going back to India I would pay international fee which is around 50k per annum and try to stay here since better life for everyone. Even GC and citizens kids also pay fee minimum 30k so i don’t know what is the biggest problem here. Good to have GC but if not look for options and don’t be upset
Why? Some of the Indian schools are very good. Colleges also like IITs are good compared to some of the US colleges.
Great video! According to property videos I am watching, yes the tea @ 80 rupee is expensive , that makes me think houses may be cheaper but groceries, food could be more. Which is the most modern city to live re built up roads, less pollution etc for retiring. Also, picking an honest accountant may not be so easy, it took me 1 yr to find an advocate to help me with OCI card
Thanks for sharing
Thank you!! We are planning to leave in few 3-5 years back to India.Been in the US for last 14 years. Tired of waiting for green card.
3-5 years is a long time. you may change your mind
True but I've made up my mind for peace of mind and also parents. If I get a green card before that may be okay and will bring parents to USA.
@@paulg9484 Don't bring the to the US, they will never be happy. Get the GC and find a job where you are paid in US salary.
Better you guys, please do not come back, we have made lives easy here, since you guys left India, with what ever, you would have saved by purchasing 2 single family houses in US, with that (US $ vs INR + Tax) money, it will be very much difficult for you too, to buy descent 3 - 4 BHK flats, or appartments in Indian cities, your US savings would not be enough in India to buy, farm houses having 1 acre land located near metro or semi metro cities 30 km apart too... your kids will definetly suffer a lot in Indian school, college level compition + language study difficulties + Maths study + life style etc...🤔
Both USA and India has + & - , if u hav ur life partner willing and have atleast 2-3 ppl around u to help forever then u can go back to India. Similarly to live well in USA one needs a willing life partner and 2-3 ppl (family friends) around u in ur neighborhood.
Finances ain't matter much as we are well educated.
Garbage on the road, in the gutters, honking on the road and air pollution isn't going to change soon in India
Please read about aqi before moving and lung related issues.
Great points. 👍 thanks for sharing
I am in usa 44 years and do not to return.only for medical service here.my home in sawantwadi, ambulance come next day or so .here i 10 mnts.in city
Hi Mandar. A hot excellent cup of tea in a good restaurant in Mumbai or Pune is Rs40 which is 50 cents. Health insurance is also very much prevalent. Medical insurance is popular in the upper strata and the lower strata is covered under govt schemes and hospitals. Digital tech is used more than in US, as you are aware of UPI, Aadhaar and now ONDC. Own housing for those planning to return after a decade or so would be affordable even in metro cities as compared to prices in US. Anyway these are personal decisions so each to his own.
thanks Sudhir. All good points
The point is not whether Mumbai has equal quality of life, but how many other cities in India, offer similar quality of life. In the US, you could live in a place like NYC or a small town like Memphis and get the same good quality healthcare, schools, housing etc. healthcare in India is not half as good once you go past the top 8-10 cities. And all those larger cities suffer from massive over population, crumbling infrastructure and air pollution. And let’s not try and compare digital maturity between the 2 countries - a few government program cannot overcome decades of underinvestment. In due course, we all hope India becomes a better place, but it’s delusional to say that the quality of life in India has caught up or better than the US.
@@saurabhb1041 100% true. But its better to live free in a mud house than as a slave in a mansion.
Do whatever you want to do man but don’t trouble your mother or your kids mother
Great points Sudhir but that’s just one side of the coin. We all have different values, someone would prefer paying 300rs at Starbucks for chai and some would pay 20rs. To each his own, let them own their decision
मंदार खूपच सुंदर व्हिडिओ पण तुम्ही एक महत्वाचा पॉईंट मेन्शन केला नाही.Hi Mandar I think you have missed one important point to mention. What will happen to our social security benefits once we move back to India. We have paid lot of social security taxes and how we will get those benefits once we move back and retire in India
Thanks Sameer. Will cover in my next video
Thanks for another great video Mandar! On a lighter note, @6:22 - it could be 50 - 80 INR and definitely not dollar - lol. You have been in the US long enough that the default currency in your mind is dollar. :)
Yes I noticed that :) slip of tongue ko maafi nahi
@@MandarKasture
Come on Mandar. You’re a treasure. My comment was in jest.🙏
50 to 80Rs
Canadian PR process is not friendly and it is horrible communication. It really sucks. Myself and many others also facing issues with PR
The problem is volume of applications. The best process in the world can break down if not designed for high volume.
@@MandarKasture True
6:23 50-80 Rs not $ for a cup of tea IMHO 🙂
@Mandar - can you also talk about the social security, whether it still helps in anyway later part of their life for the migrating people.
yes certainly I will cover it
so true ...correct projections...mandar..
Good Information Mandar 🙏🏻
Looking forward for the next video explaining more about remote, contract work opportunities from India and how that works from immigration point of view.
Also, having an approved I-140, if we want to come back again after moving, do we have to get back in the H1 lottery pool?
What are the ways to mantain Green Card in that situation, does visiting once every 6 months work if we do not want to go for citizenship and mantain the Green Card status.
I do not see any point in asking about possible forward movement in coming months for EB2 and 3 India...
Good decision rather than waiting indefinitely for something you are unsure of
Your videos are always helpful
Glad you like them!
The brutal reality is that in the United States immigration system actually is assuming that while being on a non immigrant visa you will invest as much as it is needed in your "home country" to be able to go back at any time. That is the ugly side of the non immigrant employer petitioned visas. And now add 10-15 years on top of it you have to go through it just to be able to remain permanently.
Children born and growing in the US who have never seen India for example. But even there the assumption is that you teach them mostly the contact to India. To be able to live there. The result is that while on non immigrant visas nationals of the same country rally together, marry between themselves to do not have any discussion when they need to go back when it does not turn out.
It is a horrible and unfair immigration system.
30 years ago, an immigrant visa for employment did not take more time than a non immigrant visa. So employers seeking employees and wanting to employ a foreigner went through green card directly. So all those ugly problems did not occur. So the non immigrant visas were really only for temporary help of the US economy.
Great perspective. Thanks for the comment
Please make a video on work from India for smaller periods (like 2~3 months)
Yes will do
Tapri chai is still in 10rs and 20-30 rs in Restaurant in mumbai bro
Thanks
I am planning on moving back to India after spending 14 years in USA. I have big fear as I don’t have anything in India even to stay and never visited from last 12 years. Got laid off twice and went through tough situations. Any advice please.
Watch my video for that I am uploading today. In a few hours
I regret for the wrong decision I made by switching to my old employer to file for 485 in August 2022. As soon as I joined the dates went back to 2011 and I was barely able to file before sep 30, 2022. The attorneys charged such a huge amount for filing applications around $12.6k ( for 3 members. My employer mandated immigration firm) . Adding to salt to the injury, I had to return back my joining bonus to my full time employer which was a good bank as I didn't work atleast 12 mo for them ,then lost 12 weeks parental leave and lost the yearly bonus 😢 as well. Running behind green card and the uncertainty in immigration.
Thanks for sharing. But I can tell you that you are not alone.
@@MandarKasture 😢
25Rs Filter Coffee, 90 Rs Utappum in mumbai,
400 Rs for small bowl of any curry in the restaurants😂
make a video on working a US job remotely in foreign country. where in the world should i pay taxes?
sure will do
Can I keep 401K account or need to liquidate it? Can I claim social security at 62 years of age if I am living in India (I don't have GC)?
@@srihari_g i have earned 40 credits by 2012 and returned to India in Oct 2020. No GC. Are you sure that someone like me who gas 40 credits, no GC and not living in US are eligible for SSN benefits?
If so at what age?
@@gandrakumar
You will not qualify for SS without GC or Citizenship even with 40 credits. There's thousands of people in the 🇺🇸 with valid legit SS numbers who came to the USA in 90's or even earlier but are now undocumented without paper's.
Even Indian Bank's in the 🇺🇸 won't let them open an account.
Hello Mandar, when do you think priority date July 2016 EB2 (India)will become current?
10 years
Unless there is another pandemic, new favorable laws passed or an executive action by the President (unlikely) you are looking at least 4-5 years
I am having May 2017 in EB2. So most likely i need another 2 visa extensions - 2025 to 2028 and 2028 to 2031.
Please do add Beneficiary to 401 /stock accounts / bank accounts...thx
good point
Hello Mandar, I’m moving to India from US permanently. I have purchased some cryptos on Robinhood while in USA. Now I want to transfer those to some wallet that can allow me to access and trade cryptos while I will be in India. Can you please recommend me the best way?
Excellent point I missed. Worth discussing in my next video. If it is urgent for you do reach out to me.
Hi, which US stock brokers allows you to keep the stocks when you have moved to India for good ?
Also question here, how can enjoy or live the quality life style of usa in India?
you could if you have enough savings
Quality will never be the same but if you have a nice apt or house in a gated community(might cost 2-5 cr), it will be peaceful. You can have maid, cleaners, drivers etc. Only problem will be the air quality, availability of clean/ organic food, latest gadgets and cars and the vast natural beauty US offers. However, you can make a trip to the US once a year to get over these!
Many years ago, a colleague returned to Singapore after 9 months in the US because the talent in the US was too good for him. He was promoted after his return to Singapore. He felt vindicated because he always maintained Singapore had better professional opportunities for promotion: less competition, more rewards. Working in the US was a waste of time because he couldn't get promoted.
Different people have different experiences. Thanks for sharing!
yes racial difference and gender difference matter for the promotion
Singapore is slightly bigger than my American suburb I live in. IF you want no life and live like a machine in a machine city-country then goto Spore.
Big corporates do not differentiate. Small shops do.
@@manoramareddy4662 that's true as most of the tech is swarmed by people from Andhra!
One doubt..Can we keep our robinhood account with stocks that we purcased as is forever if we go back to India for good?
Yes you can but they will send you 1099 for the transactions for which you will need to file taxes.
What about waiters for green card . Can they cancel their green card proposal, how long the immigration takes to cancel it and allow such persons travel back
No need to cancel if you just want to return.
I have never lived in India but would love to retire there. Which is safer city for seniors? I hve green card is it better to get citizenship here first?
Success seems to be connected with action. Successful people keep moving. They make Mistake but they don’t quit... As the economic crisis keep rising, we literally need to have different streams of income. The crypto market has plenty opportunities to earn a decent Payouts with the right skills and proper Understanding of how the market works.
Yeah you're absolutely right..... Lots of people are still making massive profits from the stock and crypto market, all you really need is some relevant information and some professional advice. It is totally inappropriate for investors to stand by as they take dips during significant market diclinism
@@natashamirian1974 A good investment requires experience and knowledge to carry out a successful operation. Professionally, it is recommended to trade with experienced brokers, who can help you increase your profits while helping you learn the trade
Well I invest with a top trader Investor Ashton Edwards you might have heard of him.. I can correctly say he's the best top trader in the world, an investment advisor as his diversification skills are great, I say this because i see that in his results as my portfolio grows by averages of 25% to 35% on a weekly basis, unlike i can say for my IRA which has just been trudging along. my portfolio just mirrors what he place and not just on some particular industries of my choosing. He gave me that financial freedom I needed
@@natashamirian1974 Honestly I really need help with learning how to trade. Seeing my portfolio low makes me very sad. Please do you mind sharing any means of reaching out to him easily?
@@filippeabreu4984 Just type Investor Ashton Edwards, look his name up on the internet. You will find everything you need to know about him, you could leave him a message on his personal webpage
US Citizens moving back to India, do they need to inform IRS so that there is no double taxation?
Yes when you file you taxes you can file as non resident
Thanks for the quick reply. What is the limitation to move money if it is final relocation. if we have to maintain a bank a/c and 401k, they need one local address. if say 'vangaurd' had to send a letter not sure where will they send? Since a person is a citizen, what if he gets a letter for jury duty? How will we handle all the mail if get? Even if we give change of address to friend's place, he may have to move in future. Not sure how to handle that kind of situation. appreciate your suggestion in advance.
Are we eligible for Social security and medicare benefits if you have already contributed for 12 years?
yes
Is it possible to keep the us bank account open and active after moving to India?
yes it is
@@MandarKasture Thanks Mandar. So, we can give Indian address for communication for the us bank and also the phone number?
@@saravn02 Some Banks accept overseas address. Pls check with the bank. Mine is Wells Fargo and I received a message that I need to have US address. Anyway I gave my friend's address. It does not make a big deal and they send everything electronically.
@@ramakrishnang55 Thanks for the reply. Mine is also wf , they send cards etc to the address, right? that's why i wanted to check.
@@saravn02 Yes new cards will be sent to registered address. If you plan to just use net banking no worries. But For cards you have to have it dispatched to a friend's address and later get it shipped.
What are options for kids who will go to 8th grade back in India , how will they adjust.
Hi sir
If i am in Green Card and loose my job and decided to go back to Indian. What will happen to my Green card
I am in USA for more than 10 years move back to India. What will happen to my SSN Money after 70years old. Will i get the SSN Benefits or not
contact me
Can contract employees Like Techsystem working with Microsoft also eligible for 6 months salary
If you're following what is happening now in the world, the US, Canada, UK, Australia, or even Europe will not be as great as they used to be. They are facing a difficult economic situation now, and it will continue.
BRICS are the future of the world economy. BRICS stands for Brazil, Russia, India, China, and South Africa will become a new world order. Whether you like it or not, it's starting now already. So, having a decision to go back to India is not a bad choice either. Sooner or later, BRICS will become a group of nations that will control the world's economy. Some countries have decided not to use USD anymore. Instead, they are using their own currency now. Again, it's sooner or later!
Do you know any CA in India who can help transfer money from India to US?
I don't have any recommendation
Hi, I work as Sr. Technical Consultant with L1A under a managerial capacity. I'm eligible for EB1C what's the probability of getting my I-140 approved?
How to protect bank account in US when we are away? Should we take any precaution? Obviously we cant keep same phone number for otp. May be we can use email for two factor auth?
You can get an IP phone or google phone number to receive the OTP
@@Elevatednotlifted Is it safe and secure. I’m hearing hacking into bank account of IT people, who are supposed to be knowledgeable about phishing emails.
@@greatwisdom2867 I am not able to comment on that, I was only recommending you the possibility, I used a MagicJack US number when I lived in the UK for few years.
Keep an actual US phone number with international roaming. That's why I do when I travel to India.
@@MrTeslaX thats just temporary right? What about people moving for one or two years.?
What will happen if everyone will just get up and return to India.
😅.
Can we go back to H1B from AOS EAD?
$50-$80 for a cup of tea in India? Are you joking?
that was a slip of tongue. I meant Rs
50 to 80 dollars Tea ???? Where in India 😢
Meant to say Rs 😀
Good tea even in 20 rs
Informative video with good suggestions. India today is fast developing and prospering to become an advanced Nation . Foreign direct Investment is coming in a big way. There is Population burden no doubt, but one must watch PM Modis vision Manifesto delivered in Oct 2023 at Mandapam Pragati Maidan Delhi at youtube .It is a Vision for India for next 5 years to really understand how India will progress. States like Uttar Pradesh and Maharashtra have visionary Chief Ministers, these states are marching ahead speedily. Every State today wants Entrepreneurs and Businesses. We witness Modernization/ progress in every sector.
Thank you for your comment 🙏
This is the country (USA) where illegal migrants get citizenship thru asylum within 5years and legal migrants even spent after 15years and paid full IT still struggling to get GC . Is there any mean to wait such a long queue. Due to this we are losing so many benefits and now a days companies are recruiting citizenship .
Mandar, what is the rule for people who get laid off and have EAD and 485 Filed and Priority date retrogressed. Is same 60 days H1B rule apply or some other rule ?
Good point I will cover next time
High taxes, no good work ethic, No quality life, only environmental toxins in food, water and air: that makes India! Plus heat and dust, encroachments and bureaucratic lethargy! Ugh 😑
Marry someone and be prepared for divorced. Just do a prenup before.
Hi Mandar - my priority date is May 2014. Planning to return to India next year - I think I should wait and not apply for I1485 - rather keep H1B visa - that way I can come back after few years if I decide to ?
Lots of things to consider. Connect with me if you want to discuss.
I would suggest dont listen to anyone who says, can go back and have a better life in India etc. no 1 challenge is medical system. If you are sick, you would need to empty your savings. 100% cheaters. Next traffic, food rates as close as to usa. Don’t think you would go and eat roadside. If you do you will end up in hospital. Then security. You might be following every single rule but others who don’t may hurt you. Kids especially girls safety is almost 0. Last 8 years i dont what govts are doing, heard drugs in the schools and colleges, pubs etc. so think deep and see all possible options to stay. Don’t take quick decisions and leave. If there is no option for you and had to leave, instead of fighting for GC here, fight for life in india. I am on h1 too
Thanks for your perspective
that's a very pessimistic take and deesn't reflect the reality
Just watch the environmental toxins in food, water and air in India 🇮🇳 in some cities it’s alarming! Save your kids particularly, they are real asset with you! Good luck 😉
what if someone is going for 1 year to get l1a eb1c???
There is a risk. Company can change policy anytime due to market etc and your manager who promised not guarantee he/she would stay your full 1 year to get you back. Can this happen? May be 1% but still I wouldn’t take a chance. But if that 1 year is like working from Canada or Australia etc then may be ok. Just a suggestion based on what I saw from my friends experiences
Education is very costly for NRI kids. Once they move to India even elementary school fee will be high as an NRI.
If you move back permanently and show the proof no NRI fee since you are not NRI anymore. But over all fees are very high.
@@bikshamtg3777 What is the Kid is born in US and is a US citizen?
Stop it no one is leaving here to go back to that
Finally, it looks like you also gave up on US Immigration system for Indians. 😁
Chalo bulawa aya hai mata ne bulaya hai😂😂😂😂
Lol
Help India and not USA.
@Mark when Indians are working abroad they send money to their family members to build houses and for all the requirements. What if all the US outsourcing companies take their business back? More than 70% of the young Indians are working for US outsourcing companies and getting decent wages.
why ?? so more gifts to shoshits and shoktees ??
Hum wapas nahin jaayenge
:)
Never say never!
The way US is going, we all may have to go back when the civil war begins here.
@@xfactor3615 One of my American friends told me Most Indians will be sitting ducks if that happens!
@@usanow3079 not those from bihar !
Wapas to leke jayenge babua!!
$50 - $80 for cup of tea in India? Mandar, please watch your own videos for such mistakes
Its okay. It happens.
@@jaiswalavanindra it’s not ok for a serious content generator
Yes will do. Sorry for the slip of tongue.
They enjoyed fulltime all these days ,lay off they are worryinh, we struggling with contract job and waiting gc and strugglibg projects ends with out notice
When you say enjoyed what do you mean? You chose to have a contract job, so why are you criticizing someone who could secure a full time job?
Mr Reddy That was your choice. You must be greedy and want to do contract job but they took risk for having stable life. Last 15 years I don’t know single person had to leave the country due to layoffs etc. US is land of opportunities and always there will be some opportunity. All we have to do is be patience, respect everyone and keep trying
@@bikshamtg3777 i am in respect fo everyone , they will have some opportunities , why media making noise then
Contract job on H1b is illegal, means you sat on bench when no contract, your H1b should be removed and your desi bodyshop banned
$50-$80 for a cup of tea 😂??
First thing u do buy Dhoti
😂
lungi!!
no one plans to go back unless they have to - honest opinion
True to a certain extent. I know people who go back by wish even being on GC and citizen.
That’s not true - I want to go back after 12 years here - lot of factors impacting life - just thinking of wiser to keep H1B and not applying for i485
@@abhidutta2140 be honest please. you know you will keep trying to stay
@@MandarKastureMandar but that’s precisely the point. It’s easier to go back with a GC or citizenship because you have a path to come back. Op is true that if people had a choice thr big majority of H1B holders would not go back. Yes people are actively considering moving but because they don’t want the uncertainty.
I moved after 14yrs stay and i know few others who moved back and living happily. Some are on GC and citizens who don’t have to worry about it but people on H1B must be aware that its not easy to go back again. After I moved my GC Priority dates became current and couldn’t get back since 2020 Oct I moved to India where as my friend came back to US and got GC.
Its all personal choice and situations
USA Jobs @jobshorn #jobshorn