'Can I survive with Rs 6 crore in India without a job?' Indian man on Green Card queue gets laid off
Indian man on Green Card EAD asks if he can go back to India with Rs 6 crore fund and no job. There is no
Indian man on Green Card EAD asks if he can go back to India with Rs 6 crore fund and no job. There is no unanimous opinion on the exact amount of money in your bank account that may allow you to take a career break. An Indian man in the US recently took to Reddit asking if he could survive with Rs 6 crore in India without a job. The man explained his situation that he is on a Green Card EAD, which means he applied for his Green Card and has employment authorization."Got hit by the recent tech layoffs. I'm on a GC EAD with about a 5-month financial runway. Given the current job market, I'm trying to plan for the worst-case scenario: moving back to India," the Redditor said.He pointed out two major problems in shifting to India: one is his house which he does not want to sell in a loss, two, his kids do not know any Indian language and so they would be facing a huge problem if they are shifted to India."Has anyone transitioned kids into middle school in India without language skills?
And is it worth sticking out the 5 months to try and find a US role on an EAD, or should I start prepping the move now? Can I survive with 6 cr in India without any job?" the Redditor asked.Unlike H-1Bs who have 60 days in the US after they lose their job, Green Card EADs do not have any window. They can stay in the US as long as their I-485 remains pending, it is not denied, and they continue to meet the requirements of their Green Card category.The opinions in the replies were divided as many feel coming back to India with a Rs 6 crore fund and no immediate job won't be a problem, but another section felt that the Redditor still has enough time in the US to look for another job.
And leaving the Green Card queue won't be advisable either. However, social media users agreed on one point that Rs 6 crore will be enough in India."6 crore with no debt? You'll be fine lol. That's way more than what most families retire with in India. Honestly, the bigger issue here doesn't sound like money. It sounds like uprooting two kids right before middle school and figuring out the house situation. I'd probably use those 5 months and keep searching. You're on an EAD, which removes one headache employers usually have. No reason to rush into a move if you don't have to. Also, kids adapt faster than we give them credit for. Plenty of CBSE schools have kids who barely know Hindi, especially in bigger cities.
I wouldnt stress about that part too much," one replied.
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