Posted by: Icanfly July 25, 2014
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Bhaladmi Guy:
Your post says "Now I am thinking about going back home to be with family." There is nothing more important than family. I really like your decision to move back to Nepal for good. I am sure you have saved some money in last 25 years. I am sure you have been going to Nepal once every now and then; so you know what to expect.
Money is necessary to live there so you must have a source of income. I suggest you to put at least 1 crore in saving account of a bank. It will give you interest around 8%. So you will have income of 8 Lakh per year so that you have some cash flow. With rest of the money you can start a business or invest in some other things.
You probably have to lower some expectations regarding health care, sanitation, general attitude of of people.
As you have US citizenship you can travel to countries in Europe and middle east without visa. In the worst case scenario you can always come back to US.
I have been living here for last 14 years and plan to go back in 4 years.
Good Luck!
IcanFly
Your post says "Now I am thinking about going back home to be with family." There is nothing more important than family. I really like your decision to move back to Nepal for good. I am sure you have saved some money in last 25 years. I am sure you have been going to Nepal once every now and then; so you know what to expect.
Money is necessary to live there so you must have a source of income. I suggest you to put at least 1 crore in saving account of a bank. It will give you interest around 8%. So you will have income of 8 Lakh per year so that you have some cash flow. With rest of the money you can start a business or invest in some other things.
You probably have to lower some expectations regarding health care, sanitation, general attitude of of people.
As you have US citizenship you can travel to countries in Europe and middle east without visa. In the worst case scenario you can always come back to US.
I have been living here for last 14 years and plan to go back in 4 years.
Good Luck!
IcanFly