An American retiree cannot move to India

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#1 Aug 28th, 2010, 05:49
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  • Nightshining is offline
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I don't get it. I read all this about moving to India but, there is no way for a 55 year old American retiree with enough money to live comfortably on it can move there permenately. It doesn't make any since. I don't want to go to India and take a job from an Indian. I just want to go there and dump all my hard earned American money into the Indian economy this in turn would create jobs for Indians. I just don't understand why the Indian government doesn't go for this. I have seen quite a few Indians who come to America, take jobs from native born Americans and stay here until they retire or as long as they like. I just don't get it, it doesn't make sense. They don't want western retirees dumping hard currency into their economy yet, their people go to other countries make a lot of money and take it back to India. How about some "quid pro quo". What's the story here.
#2 Aug 28th, 2010, 06:00
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#2

Talking American retiree can't move to India

Nameste, here's the reason, India already has too many people and really don't need anymore. America is different, that is why it is America. Happy trails
#3 Aug 28th, 2010, 06:34
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Originally Posted by Nightshining View Post I don't get it. I read all this about moving to India but, there is no way for a 55 year old American retiree with enough money to live comfortably on it can move there permenately. .....
Hmmmm ... I don't know the answer to this Question i.e. why India won't allow this!

But I want to know if its possible the other way around? can an Indian with enough money to retire in America, get a US permanent residence permit? Is it allowed??
.
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#4 Aug 28th, 2010, 08:57
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As Michael Sunkist said, America (and Canada) need skilled workers. I have a few immigrants on my staff and they don't have an easy time getting visas and landed immigrant status. It's extremely competitive. Once they are citizens they can also try and sponsor relatives to immigrate, but again, it's not easy. I've seen Canada Customs interrogating Indians coming off a Jet Airways flight in Toronto. They are quite careful about who even gets in on a tourist visa.

As for retiring in India, while you may be paying into the economy, you're also taking advantage of an inexpensive cost of living without paying taxes. I guess the economic benefit isn't seen as substantial by the Indian government.
#5 Aug 28th, 2010, 09:23
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Originally Posted by Nightshining View Post I don't get it. I read all this about moving to India but, there is no way for a 55 year old American retiree with enough money to live comfortably on it can move there permenately. It doesn't make any since. I don't want to go to India and take a job from an Indian. I just want to go there and dump all my hard earned American money into the Indian economy this in turn would create jobs for Indians. .
Let me guess !!! You are a troll ! retiring at 55 ? If indeed so, Florida is good for your hard earned money. If you want a foreign country - Try Puerto Rico - Its foreign enough without needing a passport.

Or 1. Costa Rica 2. Panama 3. DR 4. Malaysia 5. St. Johns ... 100. U.K
#6 Aug 28th, 2010, 10:52
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One has to be quite wealthy to buy into the US. Unless the OP were such what would be the advantage to India. This sort of thing is getting less appealing to countries like Thailand. Costa Rica man, but crime is coming up from El Salvador. The new retirement age in the US after "reforms" may be 80..
#7 Aug 28th, 2010, 11:06
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Originally Posted by edwardseco View Post Costa Rica man, but crime is coming up from El Salvador. The new retirement age in the US after "reforms" may be 80..
In Costa Rica, no one is retiring in the central valley, unless you have a tico or tica tucked away . Most of them are West Coast California surfer dudes and dudettes buying up along Guanacaste area down by the Pacific or Puentarenas by Panama which are relatively low in random petty crime. However in San Jose and Limon ...

80 !!! How about work till 100
#8 Aug 28th, 2010, 11:21
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Originally Posted by Nightshining View Post How about some "quid pro quo". What's the story here.
Does America allow a retiree from India, even if he brings millions of dollars with him, to settle there permanently? I don't think they do; so it's "quid pro quo" right there for you! Look beyond the currency exchange rate when deciding to move to a country permanently.

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Originally Posted by Nightshining View Post I have seen quite a few Indians who come to America, take jobs from native born Americans and stay here until they retire or as long as they like. I just don't get it, it doesn't make sense.
Working in US is going to become even more difficult for Indians, with the new fee hike for H1B and L1 visas. Nice way to repay the Indian contribution to the US economy!
#9 Aug 28th, 2010, 11:51
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#9
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Originally Posted by Nightshining View Post I don't get it. I read all this about moving to India but, there is no way for a 55 year old American retiree with enough money to live comfortably on it can move there permenately.
Are you going to start a thread on malaria next?
#10 Aug 28th, 2010, 12:54
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#10
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Originally Posted by Nightshining View Post I just want to go there and dump all my hard earned American money into the Indian economy this in turn would create jobs for Indians. I just don't understand why the Indian government doesn't go for this. I have seen quite a few Indians who come to America, take jobs from native born Americans and stay here until they retire or as long as they like. I just don't get it, it doesn't make sense. They don't want western retirees dumping hard currency into their economy yet, their people go to other countries make a lot of money and take it back to India. How about some "quid pro quo". What's the story here.
Are you a native born american ?
Do you personally know people who lost his job to an Indian in the US directly ?
So how much money are you dumping into the Indian economy ? What is the potential job creation potential does your stay going to have ?

The story here is that India is not immigrant friendly country. I presume that you have been to India before (maybe few times ?)
If not, then one is puzzled as to how someone can a) decide to retire at an early age of 55 and decide to pick India as a retirement spot.

As your first post, it seems you have come here just to vent !!!
There are better retirement friendly countries in the Americas itself that you should explore.
#11 Aug 28th, 2010, 13:05
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#11
An American retiree cannot move to India

Nor can anybody else.





Next?
#12 Aug 28th, 2010, 19:21
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Originally Posted by vko View Post Does America allow a retiree from India, even if he brings millions of dollars with him, to settle there permanently? I don't think they do
Actually, there's an EB-5 Permanent Resident visa (also called an Immigrant Investor visa) which can be got by investing $1m or $500k (the latter for higher unemployment areas) in a new for-profit enterprise.
“She was not quite what you would call refined. She was not quite what you would call unrefined. She was the kind of person that keeps a parrot.” – Mark Twain
#13 Aug 28th, 2010, 22:31
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Originally Posted by curtdfw View Post Actually, there's an EB-5 Permanent Resident visa (also called an Immigrant Investor visa) which can be got by investing $1m or $500k (the latter for higher unemployment areas) in a new for-profit enterprise.
True, but not a retiree though.
#14 Aug 28th, 2010, 22:49
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Originally Posted by Nick-H View Post An American retiree cannot move to India
Nor can anybody else.
Yea good point, it's not just Americans but others as well. And the picture on the reverse side is not quite as rosy as OP made it out to be. Not easy for an Indian or any other retiree to just show up in the States and expect the welcome mat to be rolled out so they can "dump currency" there.
#15 Aug 29th, 2010, 04:28
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I like India and find their lifestyle much more soothing to the soul than this frantic rat race in the US. I find Hinduism to be the religion that makes the most sense to me. I just like India, it's just a feeling I have. I started working for the federal government at age 25 and after 30 years you can retire. This system is no longer in effect but, it is for me since I started in 1979. For the first 20 years of my life I only heard English being spoken. Now I see people from all over the world working here. Why are some of you mad at me. I would just like to live in India.
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