Bigger India
The Financial Checklist For a Returning NRI
While living far away in a strange country and in a different environment, home evokes nostalgia and warmth. However, the reality after one returns might be different.
My non-resident Indian (NRI) friends want to return to India after working for 20 years in the Middle East. They are enamoured by the good life their friends and relatives seem to be living in India. They have children who will soon go to college and they feel moving to India will be the right thing to do. How will the move affect their finances? What should they look out for?