
Rs 1.29 crore salary in US or stay in India for his kids? Father's American dream meets fear of visa risks
In his post, the man explained that his children are in 9th and 7th grades, and he hoped the relocation would give them better academic opportunities. However, several Reddit users quickly pointed out that moving at this stage might bring more complications than benefits. Many cited the growing backlog in EB1 green card processing, warning that the elder child could 'age out' of dependent visa eligibility before securing permanent residency—placing them in a state of uncertainty regarding future education and work rights in the U.S.
Explore courses from Top Institutes in
Please select course:
Select a Course Category
healthcare
MBA
MCA
Others
Cybersecurity
Technology
Data Science
Finance
PGDM
others
Project Management
Healthcare
Product Management
Leadership
Artificial Intelligence
Operations Management
Data Science
Degree
Digital Marketing
Data Analytics
Management
Public Policy
Design Thinking
CXO
Skills you'll gain:
Duration:
11 Months
IIM Lucknow
CERT-IIML Healthcare Management India
Starts on
undefined
Get Details
Several users also flagged the major differences between the Indian and U.S. school systems. Unlike India's structured entrance exams, the U.S. college admissions process involves standardized tests like the SAT, personal essays, and recommendation letters, which can be difficult to navigate for newcomers. They added that students moving in late schooling years often face cultural shock and limited time to adapt.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around
Blinkist: Warren Buffett's Reading List
Undo
Financial Limitations Despite a High Salary
Though the Rs 1.29 crore salary may sound attractive, users argued that it's not enough to live comfortably in Dallas while also saving for future college expenses. With suburban rent ranging from $1,800 to $2,400 per month and additional expenses like healthcare and schooling, the financial margin would be tight for a family of four. Moreover, L1 visa holders cannot change employers easily, limiting career flexibility. Some noted that unless the children secure green cards, they may be subject to international student tuition rates in college, which are significantly higher than in-state fees.
Beyond logistical and financial concerns, the emotional toll of moving was also widely discussed. One Redditor pointed out that uprooting the family at this point could sever long-established friendships and support networks. For children, leaving behind familiar surroundings and entering an entirely new education and social environment could be mentally and emotionally taxing.
Interestingly, others noted that Dallas—often jokingly called 'Dallaspuram' for its large Indian community—might not offer the cultural exposure the father was hoping for. While integration into a Desi-friendly environment could ease the transition, it might also carry its own pressures and expectations.
Testing the Waters Before a Full Move
A few users offered a more measured approach, suggesting the father move alone initially for a few months. This way, he could better understand life in the U.S., evaluate the schooling system, and assess whether the transition is worth it before moving his entire family.
The viral Reddit post highlights a growing tension among Indian professionals: the desire to give children the best opportunities abroad weighed against the risks of disruption and visa uncertainty. While a move to the U.S. can open new doors, it can also introduce unforeseen challenges—especially when undertaken for reasons beyond just money.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Indian Express
21 minutes ago
- Indian Express
Trump's surprise 25%+ tariff could pull down India's GDP growth below 6%
The Indian economy could end up growing up by less than 6 per cent in the current fiscal if US President Donald Trump's surprise tariff of at least 25 per cent on Indian goods remains in place for the rest of the year, with most economists predicting a hit of 20-40 basis points (bps) to the growth rate. According to ANZ economists Dhiraj Nim and Sanjay Mathaur, if the US' 25 per cent tariff on India remains in place for the remainder of 2025-26, 'it could subtract 40 bps from GDP growth', although the duo added that the impact could be lower as India's rivals are also facing higher tariffs than before. ANZ currently expects India's GDP to expand by 6.1 per cent in the current fiscal, lower than the Reserve Bank of India's (RBI) forecast of 6.5 per cent and the finance ministry's 6.3-6.8 per cent projection range. Late Wednesday, Trump said that starting August 1, Indian goods would face a 25 per cent tariff when being imported into the US as well as an additional but unspecified 'penalty' for purchasing energy and defence equipment from Russia. In a post on social media platform Truth Social, Trump said India has 'the most strenuous and obnoxious non-monetary Trade Barriers of any Country'. The Indian government, on its part, responded by saying that it's studying the implications of Trump's statement and remains committed to arriving at a 'fair, balanced and mutually beneficial' trade agreement. Early Thursday, Trump said on Truth Social that he didn't 'care what India does with Russia. They can take their dead economies down together, for all I care'. Slowing growth After clocking an unexpectedly high GDP growth rate of 7.4 per cent in the final quarter of 2024-25, the Indian economy is widely expected to have slowed down in April-June, with the RBI itself having predicted in June that growth would slow down to 6.5 per cent in the first quarter of 2025-26. The statistics ministry will release GDP data for April-June at the end of August. Economists have widely been of the opinion that the RBI's forecast of 6.5 per cent for 2025-26 is a tad optimistic, with the Indian central bank aggressively cutting interest rates over the last few minutes to support economic activity in the face of multi-year low inflation. Trump's tariff shock, however, puts a spanner in the works. 'At these tariff rates, if the burden of higher tariffs is equally split between Indian producers and US consumers, it could directly shave off 0.3 ppt (percentage points) from India's GDP growth,' HSBC economists Pranjul Bhandari and Aayushi Chaudhary, who currently forecast a growth rate of 6.3 per cent for 2025-26, said in a note on Thursday. 'The penalty rate, if levied, would shave off further from growth, and there could be an indirect growth drag as well, led by lower capital inflows, investment, and suchlike,' they added. One percentage point is equal to 100 bps. A hit of 30 bps to this year's growth rate was echoed by Barclays, while Nomura economists estimated a slightly lower impact of 20 bps from their current forecast of 6.2 per cent. The RBI's Monetary Policy Committee (MPC) is set to meet next week to decide on interest rates. So far in 2025, the rate-setting panel has reduced the policy repo rate by 100 bps to 5.5 per cent, although it signalled in June that it had little room left to support growth further. Since then, headline retail inflation – which is the RBI's legally-mandated target – has slumped, coming in at just 2.1 per cent in June, only marginally higher than the lower bound of the central bank's target range of 2-6 per cent. As such, markets are increasingly of the opinion that the MPC may be able to further cut interest rates in the coming months. Export impact To be sure, the US is India's largest trade partner and was the destination of around 18 per cent of its goods exports. However, the Indian economy is 'relatively more domestically oriented than most of the region and relies far less on trade', Aditi Raman, Associate Economist at Moody's Analytics, said. According to Emkay Global Financial Services, India's exports to the US could fall by $30 billion-$33 billion at tariff levels of above 25 per cent. This estimate does not account for any cross-country responses. In 2024, total goods trade between India and the US stood at $129.2 billion. While the US' exports to India in the last calendar year rose 3.4 per cent from 2023 to $41.8 billion, its imports from India increased by 4.5 per cent to $87.4 billion, resulting in a goods trade deficit of $45.7 billion. India primarily exports electronics, gems and jewellery, pharma products, machinery, textiles, and refined petroleum products to the US. Siddharth Upasani is a Deputy Associate Editor with The Indian Express. He reports primarily on data and the economy, looking for trends and changes in the former which paint a picture of the latter. Before The Indian Express, he worked at Moneycontrol and financial newswire Informist (previously called Cogencis). Outside of work, sports, fantasy football, and graphic novels keep him busy. ... Read More


Economic Times
21 minutes ago
- Economic Times
Ambuja Cements Q1 Results: Cons profit rises 24% YoY to Rs 970 crore, revenue jumps 23%
Adani Group company Ambuja Cements on Thursday reported a 23.8% (Year-on-Year) surge in its net profit to Rs 969.66 crore for the first quarter ended June 2025, as against Rs 783.18 crore posted in the year-ago period. Meanwhile, the revenue from operations jumped 23.45% YoY. ADVERTISEMENT The revenue from operations stood at Rs 10,244.11 crore for Q1FY26, up from Rs 8,292.10 crore reported in the corresponding quarter of the previous financial year. MORE TO COME.... (You can now subscribe to our ETMarkets WhatsApp channel)


Mint
23 minutes ago
- Mint
Neo raises ₹750 crore in first close of secondaries fund, targets ₹2,000 crore
Neo Asset Management has announced the first close of its new private equity vehicle, the Neo Secondaries Fund (NSF), raising approximately ₹ 750 crore towards a target corpus of ₹ 2,000 crore, according to a press release. The Sebi-registered Category II Alternative Investment Fund (AIF) is focused on acquiring secondary stakes in unlisted Indian companies that have strong financials and clear exit visibility within 2–4 years. Led by Nitin Agarwal, a veteran in secondaries and private equity, NSF is designed to provide liquidity to existing investors and faster returns to new entrants, targeting profitable, late-stage companies in high-growth sectors such as consumer, technology, and AI/analytics. With three deals already closed and more in the pipeline, the fund reflects the rising appetite for secondary transactions in India's evolving private markets. Neo Asset Management, part of the Neo Group, currently manages over ₹ 13,500 crore in AUM across private equity, credit, and infrastructure, according to a company release. The firm is the alternative asset management arm of Neo Group, an integrated Indian wealth and alternatives platform backed by Peak XV Partners, MUFG Bank, and Euclidean Capital. Based in Mumbai, Neo caters to institutional clients, family offices, ultra-high-net-worth individuals (UHNIs), and pension and insurance funds, offering capital solutions across private credit, real assets, and secondary private equity strategies. As of mid-2025, the group claims to manage ₹ 40,000 crore across its wealth and asset management platforms, including ₹ 11,500 crore within its asset management arm and ₹ 2,000 crore in net equity. Despite its rapid scale-up, Neo has adopted a capital-efficient approach, with all funds from its ₹ 400 crore ($48 million) Series B round, raised in 2024 from MUFG Bank and Euclidean Capital, still unspent, according to media reports. The firm has also launched multiple Sebi-registered Category II AIFs, including the NSCOF-II, a private credit fund that lends to Ebitda-positive companies with hard asset backing, tailored to meet growing liquidity and structured financing demand in India's private markets. Since 2023, Neo Asset Management has scaled rapidly through a series of targeted AIF launches and fundraises. It began with a $35 million ( ₹ 300 crore) Series A in October 2023 from Peak XV Partners, followed by a ₹ 32 crore private placement in July 2024. In August 2024, it raised ₹ 400 crore ($48 million) in Series B, led by MUFG Bank and Euclidean Capital. On the fund side, Neo raised ₹ 2,575 crore for its inaugural Special Credit Opportunities Fund (NSCOF-I) by mid-2024, which was fully deployed across 23 structured credit deals. In April 2025, it launched NSCOF-II with a ₹ 2,000 crore first close, targeting a ₹ 5,000 crore total corpus, marking its transition from fundraising to full-scale deployment in India's maturing private markets.