Affordability?

#1 Nov 14th, 2017, 17:17
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  • mark power is offline
#1
Good day to you all, I have recently retired early 56 yrs old....single man *two children who live with Mum*...I have a query....is it possible (regardless of travel costs, for me to live reasonable well in say, Jaipur on an income of 640 GBP, to include accom. food and some left over for nearby travel. I would want say a room, shower/WC and that's all I really need, Happy to eat out what the locals eat. Any advice would be really appreciated. Mark
#2 Nov 14th, 2017, 17:48
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  • Prakaant is offline
#2
640 GBP is 54782.08 INR on today's exchange rate, which seems to be a reasonable amount for living a normal life...
#3 Nov 14th, 2017, 17:50
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#3
Quote:
Originally Posted by mark power View Post Good day to you all, I have recently retired early 56 yrs old....single man *two children who live with Mum*...I have a query....is it possible (regardless of travel costs, for me to live reasonable well in say, Jaipur on an income of 640 GBP, to include accom. food and some left over for nearby travel. I would want say a room, shower/WC and that's all I really need, Happy to eat out what the locals eat. Any advice would be really appreciated. Mark

640 quid thats about 55,000r's, i travel fairly bottom end and generally spend around 1000r's per day -- so for me thats about 55 days.

If you found a room long term, say around 2000 to 5000r's per month, cooked for yourself --- say the 20r per kilo dog rice and managed to steal your vegetables, you might last 4 to 6 months --
#4 Nov 14th, 2017, 18:02
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@redninja - Mark mentions an "income" of 650quid. That would mean 55000 INR per month. No? An income of 55000 in a city like Jaipur should be enough to work out a decent living while saving some for travels.
#5 Nov 14th, 2017, 18:10
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Originally Posted by kapilankar View Post @redninja - Mark mentions an "income" of 650quid. That would mean 55000 INR per month. No? An income of 55000 in a city like Jaipur should be enough to work out a decent living while saving some for travels.

Yes the time period was what i was curious about -- must admit i assumed the 640 to be annual.
55,000 per month is easily doable could include a beer at night , the odd restaurant meal and maybe even enough to keep a scooter on the road.
#6 Nov 14th, 2017, 19:18
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There have been a lot of "old folk retire to India" programmes recently, "Marigold Hotel" type stuff.
The bit they all avoid mentioning is that one can't do that long term. I believe that if one has a large amount of money, one can legaly "buy" your retirement way in?

It may be tricky to find anyone prepared to rent to a foreign tourist, long term?

Ed.
#7 Nov 14th, 2017, 20:19
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Originally Posted by OldandRambling View Post There have been a lot of "old folk retire to India" programmes recently, "Marigold Hotel" type stuff.
The bit they all avoid mentioning is that one can't do that long term. I believe that if one has a large amount of money, one can legaly "buy" your retirement way in?

It may be tricky to find anyone prepared to rent to a foreign tourist, long term?

Ed.

I can only think of " Marigold Hotel " -- off the top of your head what are some of the others ??

Very easy to rent long term -- people are more than happy to take your money.

Yes Ha Ha if the budget was 640 quid per day, you could definitely stay forever,with new Bentley dealerships popping up every other day, very soon they may be even able to service your 20's era blower.
#8 Nov 14th, 2017, 21:56
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Visa situation.?
#9 Nov 14th, 2017, 22:52
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I know someone who comes here every year for a few months... as long as his wife will let him! He keeps his own permanently rented flat. I don't know how long ago he got it: might have had a home here longer than I have.
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#10 Nov 15th, 2017, 02:41
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Quote:
Originally Posted by redninja View Post I can only think of " Marigold Hotel " -- off the top of your head what are some of the others ??

Very easy to rent long term -- people are more than happy to take your money.

Yes Ha Ha if the budget was 640 quid per day, you could definitely stay forever,with new Bentley dealerships popping up every other day, very soon they may be even able to service your 20's era blower.
After the Marigold Hotel film, the BBC did two series of TV shows with older "celebs", showing them trying out a potential retirement for a few weeks in India. They neglected to tell viewers that there would be problems with visa's etc for folk wanting a genuine retirement to India.

I like visiting India, but found on this 2017 trip that my lack of funds, as a pensioner, impacted my ability to stay for long and enjoy fully. Maybe there is a mix of renting somewhere cheapish and staying in one area for several months that would be more viable for even me in the future?

Ed.
Last edited by OldandRambling; Nov 15th, 2017 at 05:05..
#11 Nov 15th, 2017, 03:59
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Quote:
Originally Posted by Nick-H View Post I know someone who comes here every year for a few months... as long as his wife will let him! He keeps his own permanently rented flat. I don't know how long ago he got it: might have had a home here longer than I have.
The problem is that at that point you are maintaining two households. To live on the amount stated in the original post, even it is monthly and not per annum, you have to give up your other residence and live full-time in India. However, the Indian visa will not allow you to do that. At the least, one would need a foreign address that can be used when applying for each visa and waiting for it to be granted.


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