An Indian-American family with a multi-million dollar net worth is planning a monumental move. After a quarter-century in the United States, they are preparing to return to their homeland. This decision highlights a growing trend of reverse migration among successful non-resident Indians.
The couple, now in their late forties, originally moved to the US for education and opportunity. Their children were born and raised in America. According to Reuters, such long-term plans to relocate are often driven by a desire to care for aging parents and reconnect with cultural roots.
The Financial Reality Behind the Move
The family’s financial position is robust. They have amassed a net worth of $6.8 million. A significant portion of this wealth is tied up in their primary residence, valued at $3 million.
They carry only a $400,000 mortgage on this property. Their goal is to reach $5 million in liquid assets within four years. This financial security makes the transition back to India a feasible option. It provides a substantial safety net for their new life.
Navigating Family and Cultural Ties
The pull of family is a powerful force. Each spouse has one living parent still in India. The couple feels a strong responsibility to return and provide care. They have visited India regularly, but permanent return is a different matter.
Their extended family expresses skepticism. Nephews and nieces who recently left India warn that readjustment will be difficult. They caution that the India of today is vastly different from the one the couple left behind. Despite these warnings, the couple is drawn to the idea of a permanent homecoming, specifically to Coimbatore.
This family’s story is not unique. It reflects a broader narrative of identity and belonging. The decision for an NRI return to India is complex, blending emotional pulls with practical realities.
Thought you’d like to know
What is the main reason for this NRI family’s return to India?
The primary reason is to care for their aging parents. Each spouse has one living parent in India, and they feel a strong personal responsibility to be closer to them in their later years.
How much is the family’s net worth?
The family has a reported net worth of $6.8 million. A large part of this is from their $3 million US home, which has only a $400,000 mortgage remaining.
Where in India does the family plan to settle?
They are planning to settle in the city of Coimbatore. This city is known for its pleasant climate and growing infrastructure, making it a popular choice for returnees.
What are the biggest challenges for NRIs returning to India?
The biggest challenges include cultural readjustment and dealing with significant changes in infrastructure and social life. Family members have warned them that modern India may be difficult to readjust to after 25 years abroad.
How did netizens react to their plan?
Reactions were mixed. Some shared their own successful experiences of moving back, while others questioned the practicality, citing potential issues with pollution and noise that they may have forgotten.
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