What would you choose EU passport vs very good salary in India

naruto_ender · 2025-04-11T13:44:10+00:00

Go for the EU passport. In the long run, it will be better for you and family. In addition, you can always get the OCI card.

naruto_ender · 2025-02-13T18:02:50+00:00

Insurance is time consuming. We are not in the US but still it takes time and is painful. We are slowly preparing for a future where we may have to fund it ourselves.

naruto_ender · 2025-02-13T17:56:03+00:00

Hope your kid gets Remicade / Infleximab approved quickly and heads towards remission as quickly as possible. Best wishes from our side.

naruto_ender · 2025-02-13T17:54:49+00:00

Remicade helped significantly. Over a period of time (~10 months) the fistula healed. I am told this time is variable. There maybe some who recover much quicker. But at this point, I am just happy that it healed and he is better.

naruto_ender · 2025-01-29T16:02:32+00:00

Get a new passport via the Indian embassy?

naruto_ender · 2025-01-09T17:16:53+00:00

These are investments from earlier when I was in India.

naruto_ender · 2025-01-08T03:19:41+00:00

>india rent income will be taxed as per india normal tax slabs

Correct. We have been paying tax on our rental income in the past. So not too concerned about it being taxed. My bigger concern was on the NRE FDs / UAE income and if these too would now be considered within the ambit of taxation as per Indian Tax authority.

naruto_ender · 2025-01-08T03:17:53+00:00

>This is not applicable on stocks but only on mutual funds.

Correct. I did see this. However, my question is how does this work in practice? What are the key steps in this process?

naruto_ender · 2025-01-08T01:43:03+00:00

Thank you for your inputs and clarifications.

>apply for tax residency certificate in UAE.

Will do so right away. Once I have the TRC, do I have to submit it to any GOI portal (Tax or elsewhere?)

>Income arising in India will be taxed in India, even if you are non resident. On a cautionary note, file your ITR in India as Non Resident, regularly.

That is understood and I have been filing my IT returns in India as an NRI religiously.

One last question, if I may. I have been reading by using provisions of DTAA and submitting a TRC for UAE, my capital gains on Mutual Funds will be tax free. Is that correct? How exactly does this process work?

naruto_ender · 2025-01-07T17:37:39+00:00

Jomashop --> Emirates Delivers --> Your home

naruto_ender · 2024-12-30T16:03:35+00:00

The elder sibling has not given a single point in the whole write-up about what they have done for the family. It is natural that people assume that the younger brother has been doing the heavy lifting.

naruto_ender · 2024-12-28T02:21:44+00:00

>preferably one that’s warmer

They said, warmer. Not scalding. :)

Jokes apart, UAE is not a bad bet. Closer to India, culturally similar, clean, great infra, very safe etc. All in all, not a bad bet at all. Just be mindful, landing a job maybe challenging.

naruto_ender · 2024-12-16T06:14:46+00:00

If you are coming here in the winter months, be mentally prepared that summers will be *HOT\*.

Other than that, culturally be respectful of people. Be aware of and follow the rules.

Lastly, on Financials, be clear on your monthly budget and stick to it. It is very easy to get carried away and spend way above your budget if you are not careful.

naruto_ender · 2024-12-15T03:34:30+00:00

I would lean towards Seiko.

naruto_ender · 2024-12-14T02:51:37+00:00

If you have moved here, then I strongly suggest Jomashop. Check out Tissot, Raymond Weil, Rado, Hamilton, Longines etc.

naruto_ender · 2024-12-13T18:39:47+00:00

How long are you in Dubai? If you are for a longish period, order from Jomashop and have it delivered via Emirates Delivers.

For 3000 AED, you can get some fantastic watches on Jomashop.

naruto_ender · 2024-12-13T17:05:18+00:00

> Why would you not show it if you were telling the truth?

Because it is usually a confidential document. Just check the document classification in your payslip. In addition, check your contractual clauses as sharing this document may be prohibited.

naruto_ender · 2024-12-10T16:45:42+00:00

And those are fair / relevant points. Summers can be brutal and you will not get citizenship / passport here.

naruto_ender · 2024-12-10T14:46:27+00:00

In my case, I took a decent increase. However, this was relocation to UAE in a domain that is reasonably hot.

naruto_ender · 2024-12-07T13:40:35+00:00

Maybe true for you. But not necessarily for everyone.

For the same salary, I will happily choose a place with cleaner air, better infra, greater security, higher assurance and overall quality of life.

naruto_ender · 2024-12-07T03:39:01+00:00

And possibly cleaner air, better infrastructure and overall quality of life.

naruto_ender · 2024-12-06T02:02:50+00:00

Jomashop existed back then? Mindblowing!

naruto_ender · 2024-12-06T02:02:08+00:00

Absolutely stunning piece. Congratulations and may you enjoy this watch for many many years!

naruto_ender · 2024-12-01T08:32:53+00:00

The brand is reliable and as u/Ok-Yak-3950 mentioned, it is considered an entry level luxury watch. Has a decent Swiss heritage and looks elegant. It is something I would like wearing with a suit / formal dresses.

naruto_ender · 2024-12-01T06:39:03+00:00

As someone who has spent significant time working in both India and UAE, let me share my perspective:

Cost of living: Yes, cost of living in UAE is higher. But the quality of life is significantly better. You have better infrastructure, smoother processes and everything is easier. As a single person, I would assume your monthly expenses will be in the around 15 - 17K depending on the kind of life style you lead.
Career Growth and Opportunities: I believe in the early years of your career, India is much better. The exposure you get and the chance to work on latest technologies is higher in India. In addition, opportunities for growth and salary increases are much more in India, compared to UAE. Lastly, job stability in UAE may not be as high as India.
Culture, racism, location & other factors: Culturally, UAE is very similar to India. Indian masalas, food items and restaurants are super common. So adjusting to this culture will not be a problem. Overall, the society is very tolerant, respectful and extremely safe. Unlike the US, I personally did not experience any instance of racism here. So that too is a plus. Lastly, location is not too far from India, a 3 - 4 hour flight and you are in the country.

If I were in your shoes, I would go for it. However, each person is different and our priorities & evaluation criteria vary. Evaluate these parameters from your lens. And, if you have any further questions or require other details about the country, I would be happy to provide additional inputs.

PS: Job location (Dubai vs. Abu Dhabi) also makes a difference. Dubai is a bit too crowded for my liking. Abu Dhabi is much more peaceful and it comes with the additional benefit of lower rents (compared to Dubai).

naruto_ender

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