How Good Is India For Expats
(Shutterstock)
Property and living
Salaries and employability
The report says that an expat’s disposable income in India amounts to $176,408, annually. The top areas of work include construction and engineering, financial services, telecom, IT and internet. About 27 per cent of these expats said that organising their finances was difficult during their early days in the country. This figure rose to 31 per cent for expats earning more than $2 lakh a year. Some of the biggest challenges that the survey mentioned was having financial commitments in both home and host country, juggling finances in different currencies, moving money between countries, having more money to manage, and dealing with a more complex tax situation.
Work and business
In the World Bank’s 2017 Ease of Doing Business Survey, India was ranked at 130th position out of 190 countries. “Government bureaucracy and poor infrastructure are major obstacles, along with enforcing contracts and paying taxes,” the report read. It also says that while economic expansion has slowed over the past few years, the future remains bright and businesses continue to invest in the country. Industries that are flourishing include outsourcing, telecommunications, construction, education and retail.
- by Sneha Sharon Mammen
Source : PropTiger
