Posts Tagged ‘Jobs’

Popular myths & wrong notions about NRI’s

July 26, 2013

There are many myths about NRI’s & immigrants amongst the general population. Most of them are based on assumptions, stereotypes & uninformed perceptions. There are many reasons why foreign citizens immigrate to other nations but a raise in the standard of living is a desire that most have.

This is our attempt to bust myths for the enlightenment of the general public.

Myth 1: NRI’s do not pay taxes

All immigrants pay taxes. They range from property to sales tax. Even undocumented immigrants pay income taxes.

Myth 2: NRI’s slog it out day & night & then send all their earning back to their home country, causing the host nation’s economy a loss.

There is great dissension in a given company where one national is irritated that an NRI works overtime & raises the bar at the workplace, thus causing undue competition. He works extra, earns extra & later collects a hefty sum to send to India. There is no doubt that immigrants send their earning to their families back to their home country. But they do so in addition to their expenditure as an immigrant in the foreign country. Their business contributes $162 billion in tax revenue to U.S federal, state & local governments.

Myth 3: Job opportunities for Americans are taken away by NRIs & other immigrants.

There are various American citizens today who started off as immigrants in the host country & today have reached a position where they are creating jobs for the public- Americans & immigrants alike. The truth is, jobs are created as well US as well as foreign workers by immigrant entrepreneurs. They posses a skill which help them thrive in competition. This does not mean that jobs are stolen, they are simply achieved on the basis of merit.

Are there any other popular myths you know of & would like to bring to our attention? What is your view on the topic listed above?

To know more about NRI Money Transfer and other online banking services you can also visit our website.

Everyday Life As An NRI

March 21, 2013

I have been living and working in the Big Apple, that’s New York city, for the past 15 years. But I must confess, I was a reluctant visitor when I first arrived here in the United States. The job situation in India back then was quite dismal; and having studied at some very sought after places and having worked as hard as I had; it seemed that getting a job at home in India, would just not be rewarding enough for all that I had done. Hence, I landed up in NYC.

So for all those who think NYC is some heaven; well, think again. Yes, it is no doubt one of the world’s greatest cities. And that it has given me a life I could have never dreamed of in India, well, the answer to that would also be a resounding yes. But like everywhere in the world, this seemingly perfect city has its fair share of problems. Its not always hunky dory here. From traffic jams that are the city’s Achilles’s heel to rents that are higher than the tall sky scrapers; its not always easy-breezy like Central Park. Most of us regular humans live way out of downtown Manhattan and tackle long commutes to even longer working days.

I suppose my point is this. Now, having grown older, and hopefully a bit wiser; I have started to view things a bit differently. I long for home, long for the dirty smells of India. To my mind, with the Indian job market having evolved leaps & bounds and with the world’s attention now on India; its a great time to get a great job back home. Then, why not weather some of the problems of our own cities instead of living so many thousands of miles away?

If I can be stuck in traffic in New York, I’d rather be stuck in traffic, in Mumbai! If I’m paying through my nose in NYC to live in Queens, I’d rather pay through my nose and live in Bandra. Again, my simple point, as an NRI, I now crave to return home. To be close to friends and family. To be, in my motherland. But hey, that’s just my personal opinion. Tonnes of my NRI friends aren’t as eager as I am to return, and they are entitled to their opinions. Its a subjective thing. But if I had it my way, I’d rather be home.



To know more about NRI Money Transfer and other online banking safe and secure services, you can also visit our website.

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