Want to move to Goa

Matthew Kemp · Dec 7th, 2006, 01:02

Me and my partner want to live in Goa. We are just wondering what we can do to earn a crust once we are there.

We were thinking of buying goods and exporting them home to sell (tried and tested), or buying property to rent out, or even buying a property to start a backpackers.

Does anyone have any ideas for ways to make a living or is anyone wanting a partner for an enterprise that they are thinking of or have already started in Goa???

Can anyone give us some advice as we want to get out of the UK PDQ!!!

Nickie and Matt

GoanCanuck · Dec 7th, 2006, 01:22

Matt, you need to read this thread in its entirety.

Foreign owned property in Goa, (part Two)

SANJAY_DEL · Dec 7th, 2006, 01:23

Start a cybercafe business in Goa. It has a great demand, especially with the tourists.

machadinha · Dec 7th, 2006, 01:29

Quote:

Originally Posted by SANJAY_DEL

Start a cybercafe business in Goa. It has a great demand, especially with the tourists.

... Except you can't just like that, as outlined extensively in GoanCanuck's link.

GoanCanuck · Dec 7th, 2006, 01:29

Quote:

Originally Posted by SANJAY_DEL

Start a cybercafe business in Goa. It has a great demand, especially with the tourists.

You are completely wrong on that one. Cybercafes in Goa are not very profitable, a close friend of mine who moved from California to Goa started a cybercafe and operated it for 2 years before shutting it down because he just could not survive on that income.

SANJAY_DEL · Dec 7th, 2006, 01:30

Rules !
And how to go around them ...

GoanCanuck · Dec 7th, 2006, 01:32

Quote:

Originally Posted by SANJAY_DEL

Rules !
And how to go around them ...

So you are advising people to break the law?

machadinha · Dec 7th, 2006, 01:38

Sanjay, this topic has been discussed almost to death for some time now, on several threads that get into the subject extensively, such as the one brought up above. If you feel you have something valuable to add then please go ahead. Otherwise, I don't see how stimulating the idea of "sure go ahead and start a business" (that in this case apparently isn't even very lucrative) is going to help anyone. It takes a little more than that. In fact I get the impression it takes a lot more than that.

Noodle · Dec 8th, 2006, 21:23

@ Matthew

An aquaintance of mine (also from the UK) has been living in India (not Goa though) for many years. She invested money and lives from the interest or returns or whatever (I'm not sure what exactly she invested in). If you have a large enough sum and feel confident enough to tackle the investment market here, this could be an option.

Otherwise I know only of a handful of Westerners who have tried and succeeded to make a living here. One that failed for example was deep frozen homemade pizzas and pasta sauces (not enough demand) by an Italian couple. One that prospers is a friend who has rented several flats, put them up really nicely, with AC, phone, TV, good furniture and furnishings, and rents them out (per room) to tourists, making a very good profit. But it's season-dependent, slow from April to September.

I also know two people who both have started their own little export company, and in both cases it runs well, although they have to run a lot for their money.

Have you guys ever been in India for an extended period of time? Or only for short visits? Living and settling here is quite a different story than coming for a holiday and taking a suitcase back home to sell in Camden market.

Jamie11 · Dec 8th, 2006, 21:55

Quote:

Originally Posted by Matthew Kemp

We were thinking of buying goods and exporting them home to sell (tried and tested),
Nickie and Matt

To export you would need someone to sell the goods too. trying to find a buyer outside india will be nearly impossible while you are there as you wont be able to beat the guys already doing it, (I have tried it) I think you have to decide if its the lifestye or the making money thats important to you.

Nick-H · Dec 8th, 2006, 22:11

It certainly can be done. An IndiaMike member, who came here because his lady had a job here, started selling crafts on e-bay.

I think he only really did it to pass the time, but he was fussy about what he bought and sold, and careful to give fast and good service --- and built up quite a nice business.

bellcrank · Dec 8th, 2006, 23:15

FDI is not permissable for "retail trading" in India under FEMA, so this really cuts down the options (unless you're Wal-Mart of course). I've actually looked into this and it's one of the activities that is only available if you set up a partnership with an Indian national and then it's still complicated. Having said that, I reckon its one of the best opportunities. I was talking to a liquor store owner in Goa recently, small shop, average turnover in excess of 1 lac per day, average gross mark-up of 15%. Not bad.

SANJAY_DEL · Dec 9th, 2006, 17:09

The issue of outsiders coming to settle in Goa and buying property in the state has caused politicos to try and score brownie points.
A recent newspaper report:

Law to ban land sale to non-Goans demanded
BY HERALD REPORTER
MARGAO, DEC 8 — The Curtorim Block Congress President Reginaldo Lourenco has demanded that the government introduce a legislation prohibiting sale of land in Goa to those not resident of the State as is being done in states like Kashmir, Nagaland, Mizoram, Meghalaya, Arunachal Pradesh etc.
In a letter to the GPCC President Ravi Naik, Lourenco warned that the people of Goa may turn against the Congress if the government fails to prohibit sale of land to outsiders.
More at:
http://oheraldo.in/node/21041

paharganj21 · Dec 9th, 2006, 20:11

goa is on its way to be re-colonised.

wait - i want to start a new thread.

Dec 7th, 2006, 01:02	#1
Matthew Kemp Member Join Date: Dec 2006 Location: UK Posts: 2	Want to move to Goa Me and my partner want to live in Goa. We are just wondering what we can do to earn a crust once we are there. We were thinking of buying goods and exporting them home to sell (tried and tested), or buying property to rent out, or even buying a property to start a backpackers. Does anyone have any ideas for ways to make a living or is anyone wanting a partner for an enterprise that they are thinking of or have already started in Goa??? Can anyone give us some advice as we want to get out of the UK PDQ!!! Nickie and Matt Last edited by machadinha : Dec 9th, 2006 at 19:40. Reason: moved to "moving to other cities" forum

Dec 7th, 2006, 01:38	#8
machadinha Not Your Guru Member Join Date: Jan 2005 Location: yörp Posts: 10,518	Sanjay, this topic has been discussed almost to death for some time now, on several threads that get into the subject extensively, such as the one brought up above. If you feel you have something valuable to add then please go ahead. Otherwise, I don't see how stimulating the idea of "sure go ahead and start a business" (that in this case apparently isn't even very lucrative) is going to help anyone. It takes a little more than that. In fact I get the impression it takes a lot more than that. Last edited by machadinha : Dec 7th, 2006 at 07:57.

Dec 8th, 2006, 22:11	#11
Nick-H Loud-mouthed, Noisy Bird Join Date: Oct 2004 Location: Chennai, India Posts: 26,771	It certainly can be done. An IndiaMike member, who came here because his lady had a job here, started selling crafts on e-bay. I think he only really did it to pass the time, but he was fussy about what he bought and sold, and careful to give fast and good service --- and built up quite a nice business. __________________ . Just one member of the IndiaMike Mod Team

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Dec 7th, 2006, 01:22	#2
GoanCanuck Maha Guru Member Join Date: Oct 2004 Location: Vancouver Posts: 2,965	Matt, you need to read this thread in its entirety. Foreign owned property in Goa, (part Two)

Dec 7th, 2006, 01:23	#3
SANJAY_DEL Account Closed Join Date: Nov 2006 Location: NEW DELHI, INDIA Posts: 1,351	Start a cybercafe business in Goa. It has a great demand, especially with the tourists.

Dec 7th, 2006, 01:30	#6
SANJAY_DEL Account Closed Join Date: Nov 2006 Location: NEW DELHI, INDIA Posts: 1,351	Rules ! And how to go around them ...

Dec 8th, 2006, 21:23	#9
Noodle Crazy for the furry ones Join Date: Dec 2006 Location: Pune, India Posts: 1,026	@ Matthew An aquaintance of mine (also from the UK) has been living in India (not Goa though) for many years. She invested money and lives from the interest or returns or whatever (I'm not sure what exactly she invested in). If you have a large enough sum and feel confident enough to tackle the investment market here, this could be an option. Otherwise I know only of a handful of Westerners who have tried and succeeded to make a living here. One that failed for example was deep frozen homemade pizzas and pasta sauces (not enough demand) by an Italian couple. One that prospers is a friend who has rented several flats, put them up really nicely, with AC, phone, TV, good furniture and furnishings, and rents them out (per room) to tourists, making a very good profit. But it's season-dependent, slow from April to September. I also know two people who both have started their own little export company, and in both cases it runs well, although they have to run a lot for their money. Have you guys ever been in India for an extended period of time? Or only for short visits? Living and settling here is quite a different story than coming for a holiday and taking a suitcase back home to sell in Camden market.

Dec 8th, 2006, 23:15	#12
bellcrank Member Join Date: Jan 2006 Location: uk Posts: 62	FDI is not permissable for "retail trading" in India under FEMA, so this really cuts down the options (unless you're Wal-Mart of course). I've actually looked into this and it's one of the activities that is only available if you set up a partnership with an Indian national and then it's still complicated. Having said that, I reckon its one of the best opportunities. I was talking to a liquor store owner in Goa recently, small shop, average turnover in excess of 1 lac per day, average gross mark-up of 15%. Not bad.

Dec 9th, 2006, 17:09	#13
SANJAY_DEL Account Closed Join Date: Nov 2006 Location: NEW DELHI, INDIA Posts: 1,351	The issue of outsiders coming to settle in Goa and buying property in the state has caused politicos to try and score brownie points. A recent newspaper report: Law to ban land sale to non-Goans demanded BY HERALD REPORTER MARGAO, DEC 8 — The Curtorim Block Congress President Reginaldo Lourenco has demanded that the government introduce a legislation prohibiting sale of land in Goa to those not resident of the State as is being done in states like Kashmir, Nagaland, Mizoram, Meghalaya, Arunachal Pradesh etc. In a letter to the GPCC President Ravi Naik, Lourenco warned that the people of Goa may turn against the Congress if the government fails to prohibit sale of land to outsiders. More at: http://oheraldo.in/node/21041

Dec 9th, 2006, 20:11	#14
paharganj21 Account Closed Join Date: Aug 2006 Location: delhi Posts: 147	goa is on its way to be re-colonised. wait - i want to start a new thread.

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