Any recommended plan on making move back to India from US

New
yolong

New

yolong
Feb 28, 2021 15 Comments

I’m currently working as a Senior Software Engineer at a tech giant ( non FAANG). Planning on moving back to India in next 3-4 years.

Any recommendation on how should I plan my next 3-4 years to juxtapose myself into a sweet spot when I move back to India? Is there any specific company and position that I should target for best WLB and compensation benefits to maximize on returns and savings. I have ambitions to get into a leadership position in the future.

Also, how much savings should I target overall before I actually make the move?

Your insights would be really helpful for me to start planning and make the right strategy.

Current TC: 300K
Current savings including vested stocks (excluding 401K): ~180K

YOE - 7

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TOP 15 Comments
  • eBay
    ${$1..$2}

    Go to company page eBay

    ${$1..$2}
    move back, you can easily survive there with better quality life. Especially when getting older, US is sucks
    Feb 28, 2021 0
  • The easiest transition would be continuing in the same conpany from the India office. I don't think you should have a target savings before you move..targets always change. The reality is that you would saving much more in % in India than in US but your quality of life will suffer. Recreational options are limited. I remember getting sick of going to Bangalore Central and Phoenix city mall. And just craving for a fun drive or a calm walk among the trees. And be prepared to spend initially - new car, furniture, house purchase or rent, initial splurges on vacations, shopping, etc. It would be more fun, then.
    Feb 28, 2021 5
  • Lyft
    bMMJ00

    Go to company page Lyft

    bMMJ00
    Company: I would suggest internally relocating to India through FAAG or similar companies. That way you get stocks assigned in US dollars (time of joining) and relocation is mostly handled through the company. Tax filling will be slightly complicated for few years. Company relocation benefit should cover for first year.
    You could quit after 1 year and join solid start up if want. This way your relocation is fully paid and comp is great for first year in India at least.

    Savings: Amount of savings depends on your lifestyle, your future home in India, etc. you could plan your future home way before you move to India. May be a new construction.

    Most importantly, life will not be easy in India for first few months/year. It takes time to get used to. Eventually most of us will.
    Feb 28, 2021 0
  • Uber
    aumaumaum

    Go to company page Uber

    aumaumaum
    Why you want to move back to India?
    Feb 28, 2021 1
    • New
      yolong

      New

      yolong
      OP
      For parents and perpetual GC wait time. Also, I feel I might have a better social and quality of life in India than in the US.
      Feb 28, 2021
  • Amazon
    eGsE74

    Go to company page Amazon

    eGsE74
    Yoe? And married?
    Feb 28, 2021 2
    • New
      yolong

      New

      yolong
      OP
      Updated YOE. Yes, married but no kids yet. Wife and I maintain separate finances.
      Feb 28, 2021
    • Amazon
      eGsE74

      Go to company page Amazon

      eGsE74
      Sorry this is offtopic, I am curious about the separate finances part. How does it work after marriage? Do you have prenup, otherwise in case of divorce, it wouldn't matter right as she can claim half anyway, right?
      Who pays for common things used like rent?
      Mar 1, 2021