Moving To India – What You Should Know


India is a fascinating country. It is the second-most populous country in the world and is rich in regional traditions and various cultures. Historically, people tended to move away from India to find their wealth in western countries. However, this trend is slowly reversing. There are more than 20,000 expatriates in India and this figure is growing year on year. 


A lot of people are attracted to India because of the low costs and the opportunity to capitalize on new business opportunities. There are then those who simply want a change, a chance to embrace a new culture and way of life. Irrespective of why you are planning to relocate to India, this post will provide you with some key details you should know before your big move.



Special housing complexes aimed at expats have been developed in the big cities, such as New Delhi, Kolkata and Mumbai, in order to cater to the increasing number of expatriates in these locations. In order to legally buy a property, you must meet the residency requirement of 183 days per financial year. If this does not apply you will need to rent instead.


You need to apply for a Permanent Account Number (PAN) if you are required to pay taxes in India. All of the following are taxable in India – salaries, capital gains, profits and gains from profession or business, income from house property and income from other sources. At present, you are taxed on anything in excess of INR 200,000. If you earn over this amount you will be subject to the following tax rates…

    Between INR 200,000 and INR 500,000 is taxable at 10 per cent

    Between INR 500,001 and INR 1,000,000 is taxable at 20 per cent

    INR 1,000,001 and above is taxable at 30 per cent

Needless to say, paying tax in a new country can be complicated, and thus if you are feeling unsure it’s always advisable to use the services of a professional so everything runs smoothly. A financial advisor will be able to assist you with everything from life insurance to your pension ahead of your big move.

Health Care


In India, the health care is extremely mixed. The private offering is of an exceptionally high standard, thanks to western medicine and leading doctors. However, a lot of locals cannot afford the costs associated with private medical treatment and thus they rely on traditional remedies and alternative treatments. You are highly advised to take out international health insurance prior to your move. The Foreign & Commonwealth Office even recommends expat medical insurance, stating that expats must recognise that local facilities cannot be compared with western countries. However, if you take out a global health insurance policy you can be certain of access to the best hospital network, ensuring the best facilities, doctors and treatments. The private hospitals in India have earned the country a reputation as a medical tourism centre and you will be able to gain access to this side of their healthcare system if you have expat health insurance in place.


Making The Most Of A Big Move Overseas

Moving home is challenging for just about anyone, no matter where you’re moving to. It’s a big decision, and it gets even bigger when you decide to pack up and take everything to a new country. Here, we’re going to look at how you manage the overseas move without letting stress overtake the whole process.

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Visit ahead of time

Culture shock is a very real and surprisingly profound experience and it can completely destroy your experience of a place if you’re unprepared for it. The best way to get around culture shock is to visit and stay at a location for an extended period to really get to experience it. You will also want to network a little and make some friends who can help you transition to life over there more easily.


Spend plenty of time finding the right home

Much of your quality of life is going to be determined by where, exactly, you live. This might be determined in part by where you get a job or where a spouse might live. However, look at house listings and apartment sales to get a thorough idea of what kind of property prices you can expect.  Looking with a local estate agent is a good idea as well, as they can help you better navigate the market.


Get a good idea of the costs of living

Save, save, and save. Moving can be costly and moving overseas can be doubly so, so save as much money as you possibly can. However, you can plan a little by doing some research on the costs of living in the country that you’re moving to, as well, seeing how far you would be able to stretch your existing budget over there.


Get to know the health care system

Governments run things very differently in other countries, and the health care system of the country you’re moving to is likely to be drastically different. You may have to budget for a different kind of private insurance, or you might find yourself covered by the state, with optional insurance or even total coverage that’s taken out of your taxes instead. Just do your research because finding yourself suddenly without health care or paying more than you expected in taxes without knowing why can be quite the surprise.


Make some final touches

Once you’ve taken care of all of the essentials and know what you’re getting into, then it’s time to take a few final steps. For one, get in touch with your bank and phone provider. You may not want to get rid of your current account just yet as you may have some bills and outstanding loans to deal with. Make sure to make copies of essential documents like your passport, birth certificate, and driver’s license as you’re likely to need them.


Of course, the one thing that we’re not going into is what it takes to move overseas legally. Each country has its own approach to immigration law and getting a visa or permanent citizenship, so it’s important to do your research and know your way in. Otherwise, keep the tips above in mind.

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