Please join other desi returnees and be part of community to engage in relevant discussions by filling and following the instructions in the form (link below) docs.google.com/forms/d/e/1FAIpQLSfi6V6L4Ipg6Xze_Qm1IxYEPUPCfAPBc1DzFYnNv-j6KWxjrw/viewform
Golden words of wisdom for our everyday life to be happy wherever we are. He also nailed it saying the US is the best place to work and India is the best place to retire. Ignore the irritants that come along our way.
We too came back to India after spending 25 years in Africa. Our 2 Sons are in USA and Canada. My personal experience in making the move back to India is "no regrets ".I can only agree totally with what is expressed here. 5:57
@@DesiReturnSo glad found your site! In same dilemma as much NRI retirees n these videos give insights n shared experiences. priceless ! best wishes, Syd, Australia
Great topic. I am 47 and started building my retirement home in Kerala, India. Seeing the place that you grew up makes big difference especially when you are old. By the way I live and work in Canada since last 18 years and planning to retire @55
Very nice interview. Sri Ramakrishnan and his wife spoke so well. The questions very relevant Awesome About getting social security from US in India - they are still US citizens and have bank account in India How about those who are not US citizens or even a green card holders or permanent US resident being on H1 say, , is it possible to get social security credited to account in India ?
Thanks a lot for the feedback. Yes one would qualify for SS benefits once they meet the 40 credits even if there are not US citizens or GC holders living in India. Please check our video about that on the channel
Thank you both for giving this open, frank interview. Your experiences and insights are immensely helpful. Saving 50% of the total income is a great public secret revealed.!!! We all know it but don't do it!!! Repeated hammering like this is helpful.
Another very insightful video. Kudos to you Avinash ! It is apparent that this is not your typical retired couple, they seem highly accomplished and i cannot imagine what their investment portfolio would be given their 50/50 mantra! Times unfortunately now are different compared to their time in the US. Easier to save 50% when you have 20k a month as opposed to 3k. Regardless, they hit the nail on the head about the dollar going a lot further in India and it makes FINANCIAL sense to stick on in the west AS LONG as you are able to save a fair amount regularly. But the decision to relocate is definitely not purely financial. At this age it makes so much more sense to be in a place where conveniences are in abundance. Very important to be as self sufficient as possible and build a community of like minded individuals especially if you know you may not have family to support you during these years. Would have loved to know more about Indore as that seems to be coming up as a preferable place to relocate to in retirement.
Thanks so much! Very well said.. Glad you enjoyed it and I am really grateful for this young couple to be able to share their journey which is very insightful for a lot of people.
🎯 Key points for quick navigation: 00:06:13 *🌍 India is considered the best place for retirement due to the favorable cost of living and accessibility to services like medical help and household staff.* 00:10:11 *💸 Financial planning focused on saving 50% of income throughout their careers enabled a comfortable retirement in India without lifestyle changes.* 00:14:30 *🇺🇸🇮🇳 Retirees with US citizenship living in India can manage tax obligations in both countries without negative financial impacts.* 00:16:01 *🏠 Community service efforts in India led to the creation of a nonprofit trust providing housing and support for elderly residents.* 00:22:04 *😊 Adjusting to different cultures and lifestyles when moving countries is crucial for happiness and integration, whether in India, the US, or Africa.* Made with HARPA AI
You get groceries deliveries / medicine delivered, haircuts done at home/ easy domestic help/ food delivery though some things aren't as predicated/ reliable/ you'll find genuine people.
Wonderful advice sir!!! Some parallels I can draw with my own journey. The Chandariya group is oshwal community (same community as me) aware of their work and charity for Kenya community and also India community. I too live in NJ now since past 11 years very close to Hamilton. Golden years!!! Wonderful advice.
Currently, I am living in US for last 25 years. Both my parents & my in-laws are living in India. And my daughter is very small (yet to start her kinder garden). My parents & her parents live great distance apart (Kolkata & Mumbai). I still plan to work another 10 to 15 years and then move back. By that time my daughter will be in teens. Any advice on what should be my strategies to start preparing now? This channel is awesome by the way.
Thanks for the feedback!! Glad to know that you have a plan in mind. Moving when your daughter is in teens could be a bit tough for her to adjust (sooner the better- before middke school if possible). If you need 10-15 years, take more trips to India with your daughter so she is familiar with and excited about the move etc., good luck and please share content with others who might benefit from it.
I am Married for 25 years no kids we are South Indians I want to move back to India I do love America what hesitated us to retire in USA cost of living medical expenses extremely high even if we payed our mortgages still need to pay property taxes I don’t live mid west down south states I don’t feel safe of their ideology one of my friends parents moved mid west states he felt unsafe Best place to live is New England states of USA but their taxes are so high just of taxes early paying minimum of 10 thousand USA dollars I know why we need to pay taxes it helps USA government Just debating myself we both are health care field above 50 years now
I like their attitude towards living life. They are not sad like many typical Indian parents who keep crying about kids living in foreign and left parents in India. They can do that only because they live outside of India. The only thing that made me wonder is their discrimination about the nonvegetarian community staying with them. When they are saying accommodating every one in other countries...why are they not doing the same in their own country?
Thanks for sharing your thoughts. We just need to acknowledge Its their non profit organization and their way of running it, but I understand your point.
We don't need 25 mins of discussion for that. It's simple, power of purchasing disparity. The can live for one year peacefull ly with 1 month pension from US.
Agree to some extent. Its not only purely financial aspect, there is quality aspect, life after the move etc., without all those details, story would be incomplete. Thanks for watching
It's as easy as you'd say. Moving from one country to another takes a lot of thinking/ effort, it's a big decision, certainly having enough money makes it's a little easier. This forum is for that I believe..share one's experience, knowledge etc. for me it's good to know what others think/ their experiences..I'd do my own research too..with all of it helps me to make a better informed decision.
A couple of points that are a little confusing. I lived 30 years in usa and moved to India to retire. I am not an indian origin person but my wife is. Social security can only be given if you work more than 10 years in the USA. After that the worker is entitled to social security. Your wife is entitled to half of she is a US citizen or citizen of certain countries but not india, so it ends when you die. The pension plan is good but not a guarantee as a child can need support, or health issues can consume pension quickly so you need to be prepared to accept lifes changes including pensions. I do not have any household service and get my own milk. India is great but not because it's cheap. India is great because it's rich with intangible experience. As for taxes, you do pay more in India as there are few deductions in India. Your usa income is taxed in usa first, but because you can file jointly, the deduction is quite big. The tax is less so the same income is also taxed in India, but there is no joint deductions so you pay much more tax and can only deduct the small tax you pay in the USA, so your tax is much higher in India even though the rates are similar.
@@DesiReturn No. Social security is like a pension and is not linked to a savings account. It pays a fixed amount as long as the owner is alive, and 1/2 to the surviving eligible spouse should they select it. Some spouse who have worked over 10 years may have a higher payout so they can select their own social security. Note the spouse benefit is not cumulative, so you get 1/2 the spouse or your own, not both
Where in Bangalore do they reside in? What is the name/ location of their retirement home? Very interesting and informative. Please share the details. Thank you
Good interview. But i see lots of people go back with $ to India for the same reason this couples mentioned. I live in a metropolitan city in U.S.A. , It has a huge Indian population. Lots of people go back but sadly return to U.S.A. after few years and mainly due to red tape , infrastructure and to corruptions. To deal with making big purchase or sell like home etc. things moves very slowly and it will move faster if you know someone and brine . All the foods can be delivered here, home cooks or tiffin services provoded by housewives , temples on daily basis. If you want can get a Indian person to cook daily, clean hones, maintain your garden/ backyard . Doctors can get away with anything in India. Yes, its a great country my motherland, I am proud to be Indian. Where to retire is individual vdecision and one's own priorities. Good luck to this couple, wishing the best for them 🙏🏽♥️ Money talks everwhere.
Thank you for this informational video and interview with this wonderful and happy senior couple. May I have more information on the senior residence where they are located?
Glad you liked the discussion. They live in Bangalore. Please reach out to us at info @ desireturn.com or on instagram at desireturn.official to provide more information about guests. Thanks
Hello Desi return, my husband is in the supply chain and he's currently a director in a private organization, we are US citizens. He applied to several companies in India and Singapore but all were rejected, why is no one in India and Singapore willing to proceed further? Asking because want to understand the reason for so many rejections so if there's something we can change accordingly. Also, we search jobs in LinkedIn and there are not many supply chain executive/ director level jobs in India and Singapore, don't understand why because India should be having lots of Supply Chain job especially considering the population.
Thanks for reaching out. Especially for senior roles, its important to to network with hiring managers in desired companies and reach out on how one will add value. I would expect quite a feq supply chain jobs in India. If you have firther questions, please reach out to us at info @ desireturn.com or on insta desireturn.official. All the best!
Ex pay jobs are difficult to find for us citizens as the wages are expected to be high and paperwork to hire in India is frustrating. A manager in India may make $30k in India but an expat may cost the company $150k or more because of taxes, visas, trips , is taxes and lawyer fees etc. best to get a job in a foreign company first with a branch in India or Singapore and then try to transfer internally
I would like to join Mr. Ramakrishnan’s community if possible. I am 80 my wife 72. Our children are in the USA. We are in search of a suitable Senior Home. Presently we are in Chennai.
@@harshatrivedi5203 Please send a note to info @ desireturn .com so we can provide contact details of Mr. and Mrs. Ramakrishnan to get info about the retirement community.
Great series and very helpful! One question I would ask is about Medicare , since it is paid during our work life in US. How can it be claimed outside US?
In general, Medicare does not cover health care or supplies outside of the United States, including India. Medicare usually does not cover medical care you receive when traveling outside the U.S. and its territories.
@@bscsmscs1578 Thanks for your response! So we have to take health insurance in India to cover all expenses probably good idea to share those info during these sessions to plan for it . Thanks again!
Good one though they could have talked a lot more. I am much younger & I have been living in India for the last 3 years. His talk about tax is only half correct. He is right about setting off the tax paid but he fails to mention the higher taxes in India. The second I wish he had talked which community he was living in Blr
On point no. 1 I cannot overlook the fact he is a CA and would have done proper due diligence but I did an exercise with a CA on my global income being taxed in India, I found Indian threshold is very low for highest tax bracket of 35%+. Any one with Social Security in US will easily cross that limit. In US we probably get charged 15 to 20% . The limit as I know is Rs.10,00,000/-. I will be keen to get his views on how we can avoid the additional 15% you end up paying on the same income levels compared to US
I would like to know if you are taxed on your US income in USA or in India or both places? Do you have to pay taxes in India even if you have no source of income there?
I am.told Medicare reimburses for the medical expense in India Also u can cancel expensive Medicare if you are not going back and forth to US People in higher income brackets in US pay higher Medicare premiums - u can save so much in.India
@@DesiReturncan you please interview someone who are shuttling back and forth between US and India post retirement? After living in the US for 25 years and counting, I’m seriously considering spending 6 months in US and 6 months in India. There are many people in this segment. Would be beneficial to hear someone already doing this.
Can I get more information about Mr. Ramakrishnan’s retirement home in Bangalore. We are planning to return to India from the US too. Would appreciate if you share more details
It's better to take the health insurance before returning to India (2-3 years before) so all the pre-existing conditions are covered etc., but have high deductible to minimize the costs. Please reach out to us for any specific questions at info @ desireturn .com
Namaste Can you please tell us which senior housing Mr. Ramakrishan lives in and how to become a resident in this complex. Whom to contact. We have 2 NRI seniors who are looking for a senior place to move to and would like to connect with Mr. Ramakrishnan. Thank you
When you are only the one as host and your guests are 2 you should shrink your screen and extend your guest screen, look at how inconvenient you made them to fit in a small frame.
I am greatful that guests were able to get on the call and share their experiences with some technical challenges. Their video was not great but message is more important. We have couples on the show and I beleive videos was fine with them. Anyway thanks for the feedback and we will keep it in mind. Thanks
Social security deposits. The deposit need not be in US or US based bank. You can choose to be deposited in NRO account in a local bank - State Bank of India, HDFC or ICICI … it has be A rupee account simply because you lost Non Resident status… or can be deposited in NRE
As you rightly pointed, it depends on on your lifestyle, travel etc., assuming you have own house, no kids education you can easily live with 50k- 2 lkh per month ra based on location and lifestyle
Am not sure if coming back to India is a great thing-all your working years which is the ‘ contributing’ years you have contributed your say 4 decades to another nation and now come to take benefit India’ s resources which you were not part of it. Leave it for Indians who stayed here and built it. When India was bereft of you professionals who left, that’s fine but stay there only. You will be able to easily purchase anything here, that is the senior living- raising cost for everything here. Where is your responsibility? Fine you went but stay there. This kind of migration has made India lose so many resources
I would also like to connect with Mr. & Mrs. Ramkrishna Lin. What a positive attitude! I wonder where their children are living, most of the desi here are stuck because their grown up children are here. The question is how much can you count on having children close by?
I concur with what the respected couple say. In west, you live a servant less life. Your organs are taxed more even after crossing 60/70/80/90 years. Medical help and diagnosis is very slow. They call it self sufficiency, but in a way it’s disgrace. No mercy. Indian life is a luxury life that you won’t get anywhere in the world. One needs God’s real blessings to have such an opportunity. Stay blessed dear uncle and auntie.
I think the main reason to return to India was they themselves. They left india for themselves n returned for themselves. Their parents would b independent already. They left them back for more than 30 years. Y lying simply.
WhT is there to lie here. They left wen they were young to earn and parents were young too. Once they retired they decided to return for parents n themselves.
Honestly...yes they are nice couple. But they are milking the US social security system. They have just contributed to it for 15 years and going to milk it for 40+ years. It is unfair, when current system is on the verge of bankruptcy. I think changes should be made to adjust to cost of living based on the country you claim to be resident. This is unfair!
One would get benefits based what's contributed and for how long. One can check their SS benefits on the SSA website. It's not like one contributing for 10 years and another person contributing for 25 years get the same pension.
@@DesiReturn Again my point is about them not a resident of US but claiming living allowance (aka SS benefit) at resident rates. It should be based on cost of living of the resident country. It is unfair otherwise. Again this is not a pension fund, this is tax collected on the (young) current contributing members income. It is unfair to them also. I would even go as far as disqualifying SS benefits if you are not a resident of US. Desperate times call for desperate measures.
@@shosansah4629If SS benefit is based on cost of living location, then someone residing in California should get 5x the SS compared to say someone in Nebraska. SS benefits are proportional to what you contributed. It's upto you how to make it work better for you. No one is stopping a US citizen from retiring in a low-cost-of-living country. In fact there are many examples of folks who retire in Mexico.
தமிழ்ல புளுத்துடா ,ஒண்ணுமே புரியல ,ஏன்டா துட்டு சம்பாதிக்க ஓட வேண்டியது ,அப்பறம் இந்தியாக்கு திரும்ப ஓடிவந்து ,இந்தியா மாதிரி வராதுன்னு சொல்ல வேண்டியது , இதே பொழப்பா போயிடுத்து ,பாப்பானுங்களுக்கு .
தமிழ்ல புளுத்துடா ,ஒண்ணுமே புரியல ,ஏன்டா துட்டு சம்பாதிக்க ஓட வேண்டியது ,அப்பறம் இந்தியாக்கு திரும்ப ஓடிவந்து ,இந்தியா மாதிரி வராதுன்னு சொல்ல வேண்டியது , இதே பொழப்பா போயிடுத்து ,பாப்பானுங்களுக்கு .
NO. I SEE 80-90 YEAR OLD PEOPLE WHO DRIVE EVERYWHERE BY THEMSELVES AND LIVE BY THEMSELVES. MOST OF THEM EVEN WORK IN STORES. IT TAKE 2-4 MONTHS FOR PRIMARY CARE VISIT ALSO.
You realise that though they are retired, they are running a ngo, tax paying, running a much needed community service, and providing jobs. You may be the jobless burden here in this comment section.
Please join other desi returnees and be part of community to engage in relevant discussions by filling and following the instructions in the form (link below) docs.google.com/forms/d/e/1FAIpQLSfi6V6L4Ipg6Xze_Qm1IxYEPUPCfAPBc1DzFYnNv-j6KWxjrw/viewform
Golden words of wisdom for our everyday life to be happy wherever we are. He also nailed it saying the US is the best place to work and India is the best place to retire. Ignore the irritants that come along our way.
Thanks for watching and sharing some of the key insights from the episode. Have a great day👍
We too came back to India after spending 25 years in Africa. Our 2 Sons are in USA and Canada.
My personal experience in making the move back to India is "no regrets ".I can only agree totally with what is expressed here. 5:57
Thanks a lot for sharing your thoughts. Would you be open to share your journey with us. If so can please send a note to info @ desireturn . Com
next interview
For God's sake,, it's Africa where you wake up in the morning glad that you're alive and your house was not robbed the night before
At about the age of 66 and 72 they came back to be with their parents. They are blessed their parents were there for them at that age..❤😢
True.
Another big factor inour lives is the enormous pressure India exerts on you mentally to come back home on ones visits to India.😊
Happy to hear good things about Madhya Pradesh!
👍
Drawing great inspiration from Mr n Mrs Ramakrishnan. Service with such purpose 👏 Thank you for sharing.
Thanks for watching and sharing your thoughts!! Glad you liked it
@@DesiReturnSo glad found your site! In same dilemma as much NRI retirees n these videos give insights n shared experiences. priceless ! best wishes, Syd, Australia
@@AnRa19 That’s fantastic. Good luck with your transition!
India will become the elderly capital of Indians worldwide.
Thanks for sharing your thoughts
That is the sad part. We need young blood to take India forward
Great topic. I am 47 and started building my retirement home in Kerala, India. Seeing the place that you grew up makes big difference especially when you are old. By the way I live and work in Canada since last 18 years and planning to retire @55
Great. Thanks for sharing your journey. Good luck with everything!
Very nice interview.
Sri Ramakrishnan and his wife spoke so well.
The questions very relevant
Awesome
About getting social security from US in India - they are still US citizens and have bank account in India
How about those who are not US citizens or even a green card holders or permanent US resident being on H1 say, , is it possible to get social security credited to account in India ?
Thanks a lot for the feedback. Yes one would qualify for SS benefits once they meet the 40 credits even if there are not US citizens or GC holders living in India. Please check our video about that on the channel
Thank you both for giving this open, frank interview. Your experiences and insights are immensely helpful. Saving 50% of the total income is a great public secret revealed.!!! We all know it but don't do it!!! Repeated hammering like this is helpful.
Glad you liked the episode. Please check out our other videos.
Excellent interview, so full of fresh insights. Conducted very nicely.
Thank you very much for such a positive feedback. Please feel free to share others who can benefit from the content
Another very insightful video. Kudos to you Avinash !
It is apparent that this is not your typical retired couple, they seem highly accomplished and i cannot imagine what their investment portfolio would be given their 50/50 mantra! Times unfortunately now are different compared to their time in the US. Easier to save 50% when you have 20k a month as opposed to 3k. Regardless, they hit the nail on the head about the dollar going a lot further in India and it makes FINANCIAL sense to stick on in the west AS LONG as you are able to save a fair amount regularly. But the decision to relocate is definitely not purely financial.
At this age it makes so much more sense to be in a place where conveniences are in abundance. Very important to be as self sufficient as possible and build a community of like minded individuals especially if you know you may not have family to support you during these years.
Would have loved to know more about Indore as that seems to be coming up as a preferable place to relocate to in retirement.
Thanks so much! Very well said.. Glad you enjoyed it and I am really grateful for this young couple to be able to share their journey which is very insightful for a lot of people.
In india, life is great for rich peoole like this.
Great advise by this couple in the end. We have to adapt wherever we live.
True
Sage advice . I also plan to retire in India
Thanks for watching and sharing your thoughts. Good luck with your retirement.
Me too, but I am still working on convincing my wife. That's the most difficult part of it.
🎯 Key points for quick navigation:
00:06:13 *🌍 India is considered the best place for retirement due to the favorable cost of living and accessibility to services like medical help and household staff.*
00:10:11 *💸 Financial planning focused on saving 50% of income throughout their careers enabled a comfortable retirement in India without lifestyle changes.*
00:14:30 *🇺🇸🇮🇳 Retirees with US citizenship living in India can manage tax obligations in both countries without negative financial impacts.*
00:16:01 *🏠 Community service efforts in India led to the creation of a nonprofit trust providing housing and support for elderly residents.*
00:22:04 *😊 Adjusting to different cultures and lifestyles when moving countries is crucial for happiness and integration, whether in India, the US, or Africa.*
Made with HARPA AI
😊❤ yes sir
Roots in india Gujarat born in Africa Kenya 🇰🇪 and raised my children in USA 🇺🇸 enjoying life and retirement in USA 🇺🇸 ❤
Thanks for sharing your story. Glad to know that you are enjoying lofe and retirement in US.
You get groceries deliveries / medicine delivered, haircuts done at home/ easy domestic help/ food delivery though some things aren't as predicated/ reliable/ you'll find genuine people.
True. You have to work through the system and its not seamless yet
And you end up having all the lifestyle diseases coz of laziness after outsourcing all your jobs - to cut your life short - right ha?
Golden Nugget at 5:30 - To be with Parents
Thanks for watching and sharing key reason to move back
We started thinking after 30 years in abroad. There’s always an emptiness and anxiety here
Thanks for sharing your thoughts. Are you still abroad?
@@DesiReturn Yes
Wonderful advice sir!!! Some parallels I can draw with my own journey. The Chandariya group is oshwal community (same community as me) aware of their work and charity for Kenya community and also India community. I too live in NJ now since past 11 years very close to Hamilton. Golden years!!! Wonderful advice.
Wow. Gald to hear your thoughts and sharing some parallels. Thanks for watching and providing some insights..
Currently, I am living in US for last 25 years. Both my parents & my in-laws are living in India. And my daughter is very small (yet to start her kinder garden). My parents & her parents live great distance apart (Kolkata & Mumbai). I still plan to work another 10 to 15 years and then move back. By that time my daughter will be in teens. Any advice on what should be my strategies to start preparing now? This channel is awesome by the way.
Thanks for the feedback!! Glad to know that you have a plan in mind. Moving when your daughter is in teens could be a bit tough for her to adjust (sooner the better- before middke school if possible). If you need 10-15 years, take more trips to India with your daughter so she is familiar with and excited about the move etc., good luck and please share content with others who might benefit from it.
😂😂😂 sorry to laugh. You will
Never move back to India. This is the idea of every Indian who comes to US, but they will never go😂 back
I am
Married for 25 years no kids we are South Indians I want to move back to India I do love America what hesitated us to retire in USA cost of living medical expenses extremely high even if we payed our mortgages still need to pay property taxes I don’t live mid west down south states I don’t feel safe of their ideology one of my friends parents moved mid west states he felt unsafe
Best place to live is New England states of USA but their taxes are so high just of taxes early paying minimum of 10 thousand USA dollars
I know why we need to pay taxes it helps USA government
Just debating myself we both are health care field above 50 years now
Thanks for sharing your thoughts and good luck with your next steps
I like their attitude towards living life. They are not sad like many typical Indian parents who keep crying about kids living in foreign and left parents in India. They can do that only because they live outside of India.
The only thing that made me wonder is their discrimination about the nonvegetarian community staying with them.
When they are saying accommodating every one in other countries...why are they not doing the same in their own country?
Thanks for sharing your thoughts. We just need to acknowledge Its their non profit organization and their way of running it, but I understand your point.
Everything is possible if you have tons of US dollars in your bank account . Obviously, your attitude will change!!!
We don't need 25 mins of discussion for that.
It's simple, power of purchasing disparity.
The can live for one year peacefull ly with 1 month pension from US.
Agree to some extent. Its not only purely financial aspect, there is quality aspect, life after the move etc., without all those details, story would be incomplete. Thanks for watching
It's as easy as you'd say. Moving from one country to another takes a lot of thinking/ effort, it's a big decision, certainly having enough money makes it's a little easier. This forum is for that I believe..share one's experience, knowledge etc. for me it's good to know what others think/ their experiences..I'd do my own research too..with all of it helps me to make a better informed decision.
@@Rainbow_1981well said. Thanks for watching and sharing your thoughts
Looks like it is only for upper middle class seniors; not the normal middle class.
Inspiring for all seniors and retired
For sure. Also doing service and active at that age is hats off… wish I can be 50% of their energy levels.
Planning to move back in 9 years 🙏
Great. Glad to know you have a plan in place!! All the best. Hope our content helps with the move
A couple of points that are a little confusing. I lived 30 years in usa and moved to India to retire. I am not an indian origin person but my wife is. Social security can only be given if you work more than 10 years in the USA. After that the worker is entitled to social security. Your wife is entitled to half of she is a US citizen or citizen of certain countries but not india, so it ends when you die. The pension plan is good but not a guarantee as a child can need support, or health issues can consume pension quickly so you need to be prepared to accept lifes changes including pensions. I do not have any household service and get my own milk. India is great but not because it's cheap. India is great because it's rich with intangible experience.
As for taxes, you do pay more in India as there are few deductions in India. Your usa income is taxed in usa first, but because you can file jointly, the deduction is quite big. The tax is less so the same income is also taxed in India, but there is no joint deductions so you pay much more tax and can only deduct the small tax you pay in the USA, so your tax is much higher in India even though the rates are similar.
Thanks for sharing your background and your insights on SS benefits and life in India. SS benefits- does it go to kids as dependents if they are USC?
@@DesiReturn No. Social security is like a pension and is not linked to a savings account. It pays a fixed amount as long as the owner is alive, and 1/2 to the surviving eligible spouse should they select it. Some spouse who have worked over 10 years may have a higher payout so they can select their own social security. Note the spouse benefit is not cumulative, so you get 1/2 the spouse or your own, not both
Where in Bangalore do they reside in? What is the name/ location of their retirement home? Very interesting and informative. Please share the details. Thank you
Please reach out to us at info @ desireturn .com
Good interview. But i see lots of people go back with $ to India for the same reason this couples mentioned.
I live in a metropolitan city in U.S.A. , It has a huge Indian population. Lots of people go back but sadly return to U.S.A. after few years and mainly due to red tape , infrastructure and to corruptions. To deal with making big purchase or sell like home etc. things moves very slowly and it will move faster if you know someone and brine .
All the foods can be delivered here, home cooks or tiffin services provoded by housewives , temples on daily basis. If you want can get a Indian person to cook daily, clean hones, maintain your garden/ backyard . Doctors can get away with anything in India.
Yes, its a great country my motherland, I am proud to be Indian. Where to retire is individual vdecision and one's own priorities.
Good luck to this couple, wishing the best for them
🙏🏽♥️
Money talks everwhere.
Thanks for sharing your thoughts. Yes its individual decision and there is no right or wrong but one’s preference based on their experiences etc.,
Thank you for this informational video and interview with this wonderful and happy senior couple.
May I have more information on the senior residence where they are located?
Glad you liked the discussion. They live in Bangalore. Please reach out to us at info @ desireturn.com or on instagram at desireturn.official to provide more information about guests. Thanks
You're doing great job
Thanks a lot for the feedback! Glad you are liking the content.
Hello Desi return, my husband is in the supply chain and he's currently a director in a private organization, we are US citizens. He applied to several companies in India and Singapore but all were rejected, why is no one in India and Singapore willing to proceed further? Asking because want to understand the reason for so many rejections so if there's something we can change accordingly. Also, we search jobs in LinkedIn and there are not many supply chain executive/ director level jobs in India and Singapore, don't understand why because India should be having lots of Supply Chain job especially considering the population.
Thanks for reaching out. Especially for senior roles, its important to to network with hiring managers in desired companies and reach out on how one will add value. I would expect quite a feq supply chain jobs in India. If you have firther questions, please reach out to us at info @ desireturn.com or on insta desireturn.official. All the best!
Ex pay jobs are difficult to find for us citizens as the wages are expected to be high and paperwork to hire in India is frustrating. A manager in India may make $30k in India but an expat may cost the company $150k or more because of taxes, visas, trips , is taxes and lawyer fees etc. best to get a job in a foreign company first with a branch in India or Singapore and then try to transfer internally
I would like to join Mr. Ramakrishnan’s community if possible. I am 80 my wife 72. Our children are in the USA. We are in search of a suitable Senior Home. Presently we are in Chennai.
Replied to your email sir. Thanks for reaching out and good luck!!
@@DesiReturnwhat is the name of his retirement community in Bangalore?
@@harshatrivedi5203 Please send a note to info @ desireturn .com so we can provide contact details of Mr. and Mrs. Ramakrishnan to get info about the retirement community.
Great series and very helpful! One question I would ask is about Medicare , since it is paid during our work life in US. How can it be claimed outside US?
Thanks for watching. I am not sure if it covers healthcare outside US.
In general, Medicare does not cover health care or supplies outside of the United States, including India. Medicare usually does not cover medical care you receive when traveling outside the U.S. and its territories.
@@bscsmscs1578 Thanks for your response! So we have to take health insurance in India to cover all expenses probably good idea to share those info during these sessions to plan for it . Thanks again!
@@DesiReturn thanks for your quick response! Maybe you can ask those questions next time :-)
Yes need to take health insurance in India. What questions for you have. You can reach out to us at info @ desireturn .com
Good one though they could have talked a lot more. I am much younger & I have been living in India for the last 3 years. His talk about tax is only half correct. He is right about setting off the tax paid but he fails to mention the higher taxes in India. The second I wish he had talked which community he was living in Blr
On point no. 1 I cannot overlook the fact he is a CA and would have done proper due diligence but I did an exercise with a CA on my global income being taxed in India, I found Indian threshold is very low for highest tax bracket of 35%+. Any one with Social Security in US will easily cross that limit. In US we probably get charged 15 to 20% . The limit as I know is Rs.10,00,000/-. I will be keen to get his views on how we can avoid the additional 15% you end up paying on the same income levels compared to US
I would like to know if you are taxed on your US income in USA or in India or both places?
Do you have to pay taxes in India even if you have no source of income there?
Medicare is not covered and that’s the only drawback. I wish Medicare covers healthcare in India as well.
Thanks for sharing your thoughts. If it’s covered in the future, yes that would be beneficial
I am.told Medicare reimburses for the medical expense in India
Also u can cancel expensive Medicare if you are not going back and forth to US
People in higher income brackets in US pay higher Medicare premiums - u can save so much in.India
@@natenatesan3795It’s true that Medicare premiums are higher and alternatively one can take a good insurance in India.
@@DesiReturncan you please interview someone who are shuttling back and forth between US and India post retirement? After living in the US for 25 years and counting, I’m seriously considering spending 6 months in US and 6 months in India. There are many people in this segment. Would be beneficial to hear someone already doing this.
@@natenatesan3795 Are you sure? Any documentation to back that medicare reimburses medical expenses in India
Can I get more information about Mr. Ramakrishnan’s retirement home in Bangalore. We are planning to return to India from the US too. Would appreciate if you share more details
Replied via email.
@@DesiReturnCould you please share details of the retirement home ?
@@aslasl783 Please reach us out at info @ desireturn .com
@@DesiReturn
Please reach out to us at info @ desireturn .com
Nice talk.
Thank you for watching!
they are us citizen , got good amount of money and getting us social security
Thanks for watching!
Do you have any experiences for those who returned from Canada?
Yes we have quite a few guests who moved from Canada on our channel. Please check out other videos.
What is the name of this community in Blore. Love to learn and replicate the same Ramakrishnan uncle
Thanks for watching. Please reach out to us at info @ desireturn .com so we can put you in touch with Mr/Mrs. Ramakrishnan
Please bring ankit Shah for discussion brother 🥰🇮🇳☺️❤️ debate about dedollarization
Quality of Dr differs from dr to dr n medical facilities are available n good in India but at a cost
Valid points
What would be a good health insurance to take in advance for retired life
It's better to take the health insurance before returning to India (2-3 years before) so all the pre-existing conditions are covered etc., but have high deductible to minimize the costs. Please reach out to us for any specific questions at info @ desireturn .com
Namaste
Can you please tell us which senior housing Mr. Ramakrishan lives in and how to become a resident in this complex. Whom to contact. We have 2 NRI seniors who are looking for a senior place to move to and would like to connect with Mr. Ramakrishnan. Thank you
Please send a message to info @ desireturn .com and we will provide you the details. Thanks
Can we make a video on how they are claiming SSN from USA ?
Ok. We will keep it on list of items. Thanks
Is there a similar set up in Chennai also ? Kindly provide contact details of the facility
It's only one facility in Banglore and that it is non-profit run by Mr and Mrs. Ramakrishnan with others. Thanks for watching!
U have good retirement home in Coimbatore
Easier said than done !!!
True that. Taking a bold action is not easy.
@@DesiReturn huh, really ?? Living in la la land😂😂
When you are only the one as host and your guests are 2 you should shrink your screen and extend your guest screen, look at how inconvenient you made them to fit in a small frame.
I am greatful that guests were able to get on the call and share their experiences with some technical challenges. Their video was not great but message is more important. We have couples on the show and I beleive videos was fine with them. Anyway thanks for the feedback and we will keep it in mind. Thanks
May i know the name of the retirement home where they are staying
Please reach out to us at info @ desireturn .com
Excellent. I fully agree with the couple. Which part of Africa were you in? Thanks.
Thanks for watching and sharing your thoughts. I am not sure of specific country in Africa.
They moved to take care of parents. But parents were in different cities than B'lore. How did they take care of them then?
Not sure of the specific details. If we have an update, we will post here
Social security deposits. The deposit need not be in US or US based bank. You can choose to be deposited in NRO account in a local bank - State Bank of India, HDFC or ICICI … it has be A rupee account simply because you lost Non Resident status… or can be deposited in NRE
Thanks for sharing your thoughts on this.
How much money needed for a couple to have a comfortable life style in india?
I know it depends on your life style but is there any $ amount?
As you rightly pointed, it depends on on your lifestyle, travel etc., assuming you have own house, no kids education you can easily live with 50k- 2 lkh per month ra based on location and lifestyle
Pl let me know where is this retirement home?
Please reach out to us at info @ desireturn .com
Am not sure if coming back to India is a great thing-all your working years which is the ‘ contributing’ years you have contributed your say 4 decades to another nation and now come to take benefit India’ s resources which you were not part of it. Leave it for Indians who stayed here and built it. When India was bereft of you professionals who left, that’s fine but stay there only. You will be able to easily purchase anything here, that is the senior living- raising cost for everything here. Where is your responsibility? Fine you went but stay there. This kind of migration has made India lose so many resources
Save 50% are you joking is it possible with inflation anywhere in this world today
Whoever get OCI - Citizenship wherever they live in the world they need to pay tax for USA. All senior citizens get 1000 above dlrs per month.
Name of ur Home. DETAILS plssss.
Are u In Madhya pradesh . I want info for my parent.
Please reach out to us at info @ desireturn .com . They have their senior living in Bangalore
Where is this retirement home?
Its in bangalore
Can you please share the contact details of Mrs & Mr Ramakrishnan so that we can discuss on their Community Living at Bengaluru
Please send a note to info at desireturn . com or on our instagram handle at desireturn.official Thanks
I would also like to connect with Mr. & Mrs. Ramkrishna Lin. What a positive attitude! I wonder where their children are living, most of the desi here are stuck because their grown up children are here. The question is how much can you count on having children close by?
Please provide contact information of the couple. It matches with our situation
Please reach out to us at info at desireturn .com and on our instagram handle at desireturn.official Thanks
I concur with what the respected couple say. In west, you live a servant less life. Your organs are taxed more even after crossing 60/70/80/90 years. Medical help and diagnosis is very slow. They call it self sufficiency, but in a way it’s disgrace. No mercy. Indian life is a luxury life that you won’t get anywhere in the world. One needs God’s real blessings to have such an opportunity. Stay blessed dear uncle and auntie.
I think the main reason to return to India was they themselves. They left india for themselves n returned for themselves. Their parents would b independent already. They left them back for more than 30 years. Y lying simply.
WhT is there to lie here. They left wen they were young to earn and parents were young too. Once they retired they decided to return for parents n themselves.
Honestly...yes they are nice couple. But they are milking the US social security system. They have just contributed to it for 15 years and going to milk it for 40+ years. It is unfair, when current system is on the verge of bankruptcy. I think changes should be made to adjust to cost of living based on the country you claim to be resident. This is unfair!
One would get benefits based what's contributed and for how long. One can check their SS benefits on the SSA website. It's not like one contributing for 10 years and another person contributing for 25 years get the same pension.
@@DesiReturn Again my point is about them not a resident of US but claiming living allowance (aka SS benefit) at resident rates. It should be based on cost of living of the resident country. It is unfair otherwise. Again this is not a pension fund, this is tax collected on the (young) current contributing members income. It is unfair to them also. I would even go as far as disqualifying SS benefits if you are not a resident of US. Desperate times call for desperate measures.
@@shosansah4629If SS benefit is based on cost of living location, then someone residing in California should get 5x the SS compared to say someone in Nebraska. SS benefits are proportional to what you contributed. It's upto you how to make it work better for you. No one is stopping a US citizen from retiring in a low-cost-of-living country. In fact there are many examples of folks who retire in Mexico.
They contributed during work life they earned it so what's your problem
👺🌺✅
தமிழ்ல புளுத்துடா ,ஒண்ணுமே புரியல ,ஏன்டா துட்டு சம்பாதிக்க ஓட வேண்டியது ,அப்பறம் இந்தியாக்கு திரும்ப ஓடிவந்து ,இந்தியா மாதிரி வராதுன்னு சொல்ல வேண்டியது ,
இதே பொழப்பா போயிடுத்து ,பாப்பானுங்களுக்கு .
தமிழ்ல புளுத்துடா ,ஒண்ணுமே புரியல ,ஏன்டா துட்டு சம்பாதிக்க ஓட வேண்டியது ,அப்பறம் இந்தியாக்கு திரும்ப ஓடிவந்து ,இந்தியா மாதிரி வராதுன்னு சொல்ல வேண்டியது ,
இதே பொழப்பா போயிடுத்து ,பாப்பானுங்களுக்கு .
🥊👺🌺✳️🌸யோசிச்சு ,யோசிச்சு பேசறதுக்கு ,
தமிழிலேயே பேசலாம் ,ஒரே உளறல் ,தலைவலி ,
🥊👺🌺✳️🌸யோசிச்சு ,யோசிச்சு பேசறதுக்கு ,
தமிழிலேயே பேசலாம் ,ஒரே உளறல் ,தலைவலி ,பக்கத்துல உக்காந்து அது வேறு முழிக்குது .
To retire in India is a biggest mistake one can make.
Any reason why you say that way? Would love to hear your thoughts.
NO. I SEE 80-90 YEAR OLD PEOPLE WHO DRIVE EVERYWHERE BY THEMSELVES AND LIVE BY THEMSELVES. MOST OF THEM EVEN WORK IN STORES. IT TAKE 2-4 MONTHS FOR PRIMARY CARE VISIT ALSO.
They r all a burden for India and in India
They are tax paying residents
What makes you tonsay like that
They provide employment for others in India, and pay taxes.
That is a plus for India.
Do make it clear as to how they are a burden
You realise that though they are retired, they are running a ngo, tax paying, running a much needed community service, and providing jobs. You may be the jobless burden here in this comment section.
You are burden to the earth.
No no don't return..
Reasons?