So a foreigner working in India would draw a much lower salary to account for the lower COL?
So a foreigner working in India would draw a much lower salary to account for the lower COL?
Go figure... There are a few who are actually going there to work.sundaymorningstaple wrote: ↑Tue, 21 Jun 2022 8:10 pmWhy would a foreigner want to work in India when they are all trying to get out!Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pmSo a foreigner working in India would draw a much lower salary to account for the lower COL?
Which foreigner? For a Bangladeshi relocating to India, it might be a higher salary. You can’t apply the same yardstick to all foreigners. Generally, a foreigner from a advanced, highly developed economy cannot be expected to have a lower cost of living after relocating to India -- in fact, it might be just the opposite. This is why expat packages exist… to help foreigners maintain their home country lifestyle despite being in a foreign land.Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pmSo a foreigner working in India would draw a much lower salary to account for the lower COL?
Most of the sacrifice involves using public transportation which many view as a small trade in for the ability to save up more due to less taxes and favorable rupee conversion rate. Additionally, the sgd to rupee rate has been trending towards the rupee weakening in relation to the sgd. Most people are quite happy to ditch driving anyway, given the lousy traffic in most large Indian cities, so many probably won't view it as a downgrade.malcontent wrote: ↑Wed, 22 Jun 2022 9:19 amWhich foreigner? For a Bangladeshi relocating to India, it might be a higher salary. You can’t apply the same yardstick to all foreigners. Generally, a foreigner from a advanced, highly developed economy cannot be expected to have a lower cost of living after relocating to India -- in fact, it might be just the opposite. This is why expat packages exist… to help foreigners maintain their home country lifestyle despite being in a foreign land.Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pmSo a foreigner working in India would draw a much lower salary to account for the lower COL?
For my employer, Indian employees transferred to Singapore stay on Rupee salary and the cost of their expat package far exceeds their salary. Despite this, many prefer to switch to local salary with no package — they are willing to sacrifice their lifestyle for greater monetary compensation.
Even if they would be able, the local school fees for non-PR, non-SC are rather high depending on the student's age. Good alternative are small International School. Some of them have fees comparable to local schools, reasonable teaching quality and definitely less stressful learning environment.smoulder wrote: ↑Wed, 22 Jun 2022 9:38 amThe one thing which will hurt the pocket is schools for kids. Most foreigners (Indians included) are not going to be able to send their kids to local schools and will therefore have to fork out much more for International Schools.
My thoughts exactly!sundaymorningstaple wrote: ↑Tue, 21 Jun 2022 8:10 pmWhy would a foreigner want to work in India when they are all trying to get out!Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pmSo a foreigner working in India would draw a much lower salary to account for the lower COL?
Is this even a thing though? I can’t imagine any foreigner intentionally moving somewhere where they would draw a lower salary.
Truly can’t imagine that this is a thing. Especially with so many people in India it’s impossible that they don’t have enough domestic labor to rely on, more often than not it’s other countries that hire Indians for their tech/engineering/medical expertise (not to be stereotypical).smoulder wrote: ↑Tue, 21 Jun 2022 8:18 pmGo figure... There are a few who are actually going there to work.sundaymorningstaple wrote: ↑Tue, 21 Jun 2022 8:10 pmWhy would a foreigner want to work in India when they are all trying to get out!Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pm
So a foreigner working in India would draw a much lower salary to account for the lower COL?
Yes, that’s what I mean. I meant that I couldn’t imagine any foreigner coming to a country where they would earn less and have to live a less extravagant lifestyle. I can understand being willing to live a little smaller if they were drawing a higher salary, but other than that I can’t imagine anyone being satisfied with such a situation.malcontent wrote: ↑Wed, 22 Jun 2022 9:19 amWhich foreigner? For a Bangladeshi relocating to India, it might be a higher salary. You can’t apply the same yardstick to all foreigners. Generally, a foreigner from a advanced, highly developed economy cannot be expected to have a lower cost of living after relocating to India -- in fact, it might be just the opposite. This is why expat packages exist… to help foreigners maintain their home country lifestyle despite being in a foreign land.Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pmSo a foreigner working in India would draw a much lower salary to account for the lower COL?
For my employer, Indian employees transferred to Singapore stay on Rupee salary and the cost of their expat package far exceeds their salary. Despite this, many prefer to switch to local salary with no package — they are willing to sacrifice their lifestyle for greater monetary compensation.
How is the public transport system in India? The videos and photos I see are all of really packed trains, don’t really feel like an expert would be able to adjust to that, unless of course my impression is off.smoulder wrote: ↑Wed, 22 Jun 2022 9:32 amMost of the sacrifice involves using public transportation which many view as a small trade in for the ability to save up more due to less taxes and favorable rupee conversion rate. Additionally, the sgd to rupee rate has been trending towards the rupee weakening in relation to the sgd. Most people are quite happy to ditch driving anyway, given the lousy traffic in most large Indian cities, so many probably won't view it as a downgrade.malcontent wrote: ↑Wed, 22 Jun 2022 9:19 amWhich foreigner? For a Bangladeshi relocating to India, it might be a higher salary. You can’t apply the same yardstick to all foreigners. Generally, a foreigner from a advanced, highly developed economy cannot be expected to have a lower cost of living after relocating to India -- in fact, it might be just the opposite. This is why expat packages exist… to help foreigners maintain their home country lifestyle despite being in a foreign land.Lisafuller wrote: ↑Tue, 21 Jun 2022 8:03 pm
So a foreigner working in India would draw a much lower salary to account for the lower COL?
For my employer, Indian employees transferred to Singapore stay on Rupee salary and the cost of their expat package far exceeds their salary. Despite this, many prefer to switch to local salary with no package — they are willing to sacrifice their lifestyle for greater monetary compensation.
How much does that cost? Is it a lot more than singapore? I imagine it must be at least a little cheaper.smoulder wrote: ↑Wed, 22 Jun 2022 9:38 amThe one thing which will hurt the pocket is schools for kids. Most foreigners (Indians included) are not going to be able to send their kids to local schools and will therefore have to fork out much more for International Schools.
Sounds like you know a lot! Speaking from experience? Seems like it’s similar to singaporean local schools where non-local non-PR non-ASEAN kids pay a bomb.x9200 wrote: ↑Wed, 22 Jun 2022 11:03 amEven if they would be able, the local school fees for non-PR, non-SC are rather high depending on the student's age. Good alternative are small International School. Some of them have fees comparable to local schools, reasonable teaching quality and definitely less stressful learning environment.smoulder wrote: ↑Wed, 22 Jun 2022 9:38 amThe one thing which will hurt the pocket is schools for kids. Most foreigners (Indians included) are not going to be able to send their kids to local schools and will therefore have to fork out much more for International Schools.
It sounds like you are describing me when I moved to Singapore… earned less less extravagant lifestyle .Lisafuller wrote: ↑Thu, 23 Jun 2022 3:41 amI couldn’t imagine any foreigner coming to a country where they would earn less and have to live a less extravagant lifestyle.
Not the best. If you are middle class, you would really be looking at driving.Lisafuller wrote: ↑Thu, 23 Jun 2022 3:44 amHow is the public transport system in India? The videos and photos I see are all of really packed trains, don’t really feel like an expert would be able to adjust to that, unless of course my impression is off.smoulder wrote: ↑Wed, 22 Jun 2022 9:32 amMost of the sacrifice involves using public transportation which many view as a small trade in for the ability to save up more due to less taxes and favorable rupee conversion rate. Additionally, the sgd to rupee rate has been trending towards the rupee weakening in relation to the sgd. Most people are quite happy to ditch driving anyway, given the lousy traffic in most large Indian cities, so many probably won't view it as a downgrade.malcontent wrote: ↑Wed, 22 Jun 2022 9:19 am
Which foreigner? For a Bangladeshi relocating to India, it might be a higher salary. You can’t apply the same yardstick to all foreigners. Generally, a foreigner from a advanced, highly developed economy cannot be expected to have a lower cost of living after relocating to India -- in fact, it might be just the opposite. This is why expat packages exist… to help foreigners maintain their home country lifestyle despite being in a foreign land.
For my employer, Indian employees transferred to Singapore stay on Rupee salary and the cost of their expat package far exceeds their salary. Despite this, many prefer to switch to local salary with no package — they are willing to sacrifice their lifestyle for greater monetary compensation.
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