Retirement in India: The Pros and Cons of Retiring in India
Title
Date
No of Pages
Retiring in India: A Beginner's Reference
Oct 2009
43+
Are you considering India as a retirement destination? Can a foreigner retire in India? What are the advantages India offers to a retiree? Is India safe? Which are the popular places to retire?
‘Retiring in India - A Beginner’s Reference’ answers these questions and presents a realistic picture about pros and cons of retiring in India
India has emerged as a popular choice for retiring NRIs and foreigners. Affordable living, low costs for healthcare and personalized services are a huge draw. There is a view that outsourcing of geriatric care may be the next outsourcing boom. For NRIs, the temptation to come back home is hard to resist, especially now that India offers several of the comforts of the developed world.
We have put together this document based on secondary research about trends, retiring costs, popular homes for the aged and developers focusing on housing communities for senior citizens in India. We hope that this will be a valuable reference for anyone exploring the possibility of retiring in India.
‘Retiring in India’ touches upon popular metro and non metro locations in India, costs, services, contact information, pros and cons about India and experiences of few who have chosen to retire in India. As a retired NRI couple summarized ‘We have been working abroad all our lives and had we remained there after retirement, we would have found it rather difficult to survive. Here, things are much easier as the Australian dollar goes a long way!’ and for foreigners the advise is to ‘Try to blend into the culture of India as much as possible by reading about it, trying to pick up the local lingo and by making friends with the Indian community.’
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