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‘Can I survive on Rs 6 crore in India without a job?’ Indian man waiting in line for green card gets laid off

'Can I survive on Rs 6 crore in India without a job?' Indian man waiting in line for green card gets laid off
Indian man with green card EAD asked if he can return to India with Rs 6 crore but no job.

There’s no consensus on how much money you should have in your bank account to give you a break. An Indian man in the United States recently took to Reddit to ask if he could survive on Rs 6 crore in India without a job. The man explained his situation, that he held a green card EAD, which meant he applied for a green card and had an employment authorization.“Blowed by the recent layoffs at tech companies. I’m in the process of filing a GC EAD and have about 5 months of financial runway left. Given the current job market, I’m trying to plan for the worst-case scenario: moving back to India,” said the Reddit user.He pointed out two main problems in moving to India: first, he did not want to sell his house at a loss; second, his children did not understand the Indian language and would face big problems if they moved to India.“Has anyone had a child advance to secondary school in India with no language skills? Is it worth spending 5 months trying to get a job in the US via EAD, or should I start preparing for a transfer now? Can I survive with a 6 in India without any job?” asked a Reddit user.Unlike the H-1B, which allows you to stay in the United States for 60 days after losing your job, there is no window period for the green card EAD. As long as the I-485 is pending (not denied), they can stay in the United States and continue to meet the requirements for the green card category.Opinions in the replies were divided as many felt that there would be no problem returning to India with Rs 6 crore and no immediate job, but another section felt that the Reddit user would still have enough time to find another job in the US. Leaving the green card queue is also not advisable. However, social media users agree that Rs 6 crore is enough in India.“Rs 6 Crore with no debt? You’ll be fine, haha. That’s a lot more than most families in India will retire with. Honestly, the bigger issue here doesn’t sound like money. It sounds like uprooting two kids before they go to junior high and then figuring out the house situation. I’d probably use those 5 months to keep looking. You have EAD, which removes one of the usual headaches employers have. There’s no reason to rush to move if you don’t have to. And, kids adapt faster than we think. Many children in CBSE schools, especially in big cities, barely understand Hindi. I wouldn’t stress that part too much,” one replied.

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