Is it really worth it based on any metrics(PPI etc) to stay in the US If you have 1cr base cash salary India?
Asking for a friend: Age 31. 10 yrs work experience in tech.
What I have studied and learnt from different folks. A $100K salary in US is equivalent to ~25L salary in india. This is called PPP( purchasing power parity)
It should be easy to make decision now.
It' should not be seen or compared on PPP basis. But quality of life. Anything above 200k, I would say US is better.
In India money matters only if you are struggling to make ends meet. The quality of life of US cannot be replicated here unless you are into civil services.
Loll. You have a very narrow definition of quality of life my friend.
You can enjoy your 1 Cr base stuck in traffic, breathing horribly polluted air, drinking shit water and paying bribes for every little thing in India or you can enjoy 300K plus clean air, good roads, systems that work with visa uncertainty in the US. 300K in the US over 1 Cr in India for me.
Before folks rip me, have lived in the USA for years before having to return due to shit luck in the H1B lottery.
Truer words weren’t said. Curious if you’re willing to share - your ctc in US and now in india? Assuming you are a developer
300k in meta as growth potential in US is high ..India companies max out at 1 cr pay also in US if you can save , u can save a lot but in india saving will be limited only as tax rate is very high in india. If looking from money Lena US is anyday better. But if you are looking from lifestyle sense India is better as you can live like king at 1 cr afford maids , servants , drivers even PA. That you can't afford in US.
Even Rippling not paying over 1cr base?
Based on PPP, 1 cr in india is better and would be equivalent to 430k in US.
Use this for conversion - https://salaryconverter.nigelb.me/
May I know which company pays 1cr base in India.. for 10yr exp.. this is for my knowledge purposes.
IIMboacki 2y or 1y package is less than masters union 1y course!!!
Do u agree or have any perspective?
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No law Low percent of people paying taxes No good Infra Rise of recent regionalism No tech advancements in AI/Semiconductor
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