04-08-2025
NRI willing to return to Punjab village after 11 yrs asks, Is ₹1 crore ‘enough'? Internet reacts: ‘Check tax before…'
An NRI sought suggestions online after expressing his willingness to return to his home country after 11 years with savings of ₹ 1 crore. In a Reddit post, the user said that he moved to New Zealand when he was 19 but now wants to return to India permanently with $200K NZD (or ₹ 1.03 crore) savings.
The Non-Resident Indian stated, 'I been living in New Zealand since I was 19 and now 30. When I left India (2013) 1 crore seems like a big money. How about these days? Reason I am asking this question because I want to return back to India permanently. Have around $200K NZD in savings, will that be enough to survive in a Punjab village as I own house there. (sic)'
He further provided information about his wealth status and income flow. 'I own 1 Shopify store which generates around 100K NZD per year (so you can call it a remote job/business),' the NRI added.
The NRI yearning to return to his native state further noted that he owns US stocks worth about $138K NZD.
NRI seeks advice on plans to return to Punjab village with ₹1 crore.
A varied range of comments poured in, including, 'Depends on your lifestyle.' Another user commended his Shopify store business and said, 'Your sales are impressive.'
A third user wrote, 'One crore is not retirement money. But if you plan to invest and generate passive income, it can be doable with a decent lifestyle. If you want to do that, I suggest you first identify what you want to do or where you want to invest. Try and see if it works out or generates enough income. Then decide on switching.'
A fourth piece of advice stated, 'As someone who splits time between India and NZ, you won't be able to have an NZ-like lifestyle if you aren't planning to do any other job. I would say find a remote job with an NZ company and then move. There are plenty.'
