NRI was looking for proposals online after expressed his willingness to return to his home country after 11 years with savings £1 crore. In the Reddit post, the user said he moved to New Zealand when he was 19 but now he wants to return to India with 200,000 NZD (or £1.03 crore) savings.
Indian Non -resident said: “I lived in New Zealand since I was 19 years old and now 30. When I left India (2013) 1 crore, it seems like big money. And what these days? The reason I ask because I want to go back to India.
He also provided information on the state of his wealth and the flow of income. “I own 1 shopife store that generates around 100,000 NZD a year (so you can call it a remote work/shop),” NRI added.
NRI desire to return to its native state further noted that its own US stock worth about $ 138,000.
“Check the tax situation before …”
The distinguished range of comments was pouring, including: “It depends on your lifestyle”. Another user appreciated their shopify store and said, “Your sale is impressive.”
The third user wrote: “One crore is not retired money. But if you plan to invest and generate passive income, it can be feasible with a decent lifesty
The Fourth Council said: “As someone who divides the time between India and NZ, you will not be able to have a lifestyle similar to NZ if you do not plan to do any other job. I would say that you will find a remote work with NZ and then move.
The fifth comment read: “I do not know your situation, but if I were, I would not return if it is not necessary. It is a good amount, but check the tax situation before you transfer your savings.
(Tagstotranslate) nri
