Jump to content

Are NRIs Still Sending Money to India?


Recommended Posts

Posted

Ikkada cahduvukuni ikkada life anukuna vadu evadu pamptam le and investing more here. 

Money minded batch came from India...yes, they also leaving after they earn.  And 2015 tarvutha students ayithe uthaaa scrap 

Posted

Nevertheless, overseas Indians have contributed significantly to their homeland by sending a remarkable $29 billion back during the final quarter of last year.
 

  • Upvote 1
Posted
29 minutes ago, Bulls_Rose said:

Ikkada cahduvukuni ikkada life anukuna vadu evadu pamptam le and investing more here. 

Money minded batch came from India...yes, they also leaving after they earn.  And 2015 tarvutha students ayithe uthaaa scrap 

The catch being US sets you up for a "mortgage trap". Nee kompaki nuvvu poyaka kooda property taxlu kadathane untav. 600k kompa konte 7-8k lekkana 20 years ante "160k" kadatharu.  Aa paina repairs etc. 

This money will give you properties in India mortgage free with little property taxes and big upside potential as the country grows at 6% avg. growth rate. ikkade life anukunna vallu almost adhi marchipotharu, leka over look chestharu. Problem entante undecided batch ni "mortgage" kompala so called gatherings lo "influence " chestharu. They then tilt towards buying "mortgage" it's all a cycle.

 

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...