Mumbai

Mumbai is the capital city of Maharashtra and the financial and entertainment hub of India. As the country's largest city by population, it serves as the center of Indian cinema, known as Bollywood, and hosts the headquarters of major corporations, banks, and financial institutions. The city is characterized by its striking contrast between ultra-modern skyscrapers and historic colonial architecture, reflecting its evolution from a colonial trading post to a global metropolis. Mumbai's economy is driven by finance, media, entertainment, and trade, making it one of Asia's most economically significant cities. The city features iconic landmarks including the Gateway of India, Marine Drive, and numerous temples, mosques, and churches reflecting its multicultural and multi-religious character. With a population exceeding 20 million in its metropolitan area, Mumbai is densely populated and known for its vibrant street life, diverse cuisine, bustling markets, and energetic atmosphere. The city's infrastructure includes extensive public transportation networks, though traffic congestion remains a significant challenge. Mumbai's cultural scene is dynamic, with numerous museums, theaters, galleries, and festivals throughout the year.

SJB Global
Connect

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
Connect

Click connect to have our partner contact you via e-mail and/or phone.

Visa & Residency

Obtaining a residency in India involves several steps and the process can vary depending on the type of visa applied for. The most common types of visas for expats seeking residency are the Employment Visa and the Entry (X) Visa. The Employment Visa is designed for foreigners who are taking up employment in India. To qualify, applicants must have a job offer from an Indian company and the salary must exceed a certain threshold. The application process involves submitting a visa application form, passport-sized photographs, a valid passport, proof of employment, and the requisite fee. The Entry (X) Visa is for individuals of Indian origin and their family members, as well as for those coming to India for volunteer work or to accompany a spouse or family member who is in India on a long-term visa, such as an Employment Visa. The process for obtaining these visas typically starts with filling out an online application form and scheduling an appointment at the nearest Indian consulate or embassy. Applicants must provide various documents, including a passport with at least six months' validity, passport-sized photographs, and supporting documents relevant to the type of visa, such as a job offer letter for an Employment Visa or proof of Indian origin for an Entry (X) Visa. The difficulty of the process can vary based on the applicant's nationality, the completeness of their application, and the specific requirements of the local Indian consulate or embassy. Generally, the process is considered average in terms of difficulty, but it can be time-consuming and requires attention to detail to ensure all requirements are met. Once the application is submitted, it is reviewed by the consulate or embassy, and if approved, the visa is stamped into the applicant's passport. The duration of the visa can vary; Employment Visas can be issued for the duration of the contract, up to a maximum of five years, while Entry (X) Visas can also be issued for up to five years and can be extended in India. It is important to note that all foreign nationals must register with the Foreigners Regional Registration Office (FRRO) within 14 days of arrival in India if they are planning to stay for more than 180 days.

Cost of Living

The cost of living in Mumbai is high, particularly for housing, which represents a significant expense due to limited space and high demand in the city. Rental prices and property values have increased substantially over recent years, especially in central and upscale neighborhoods. While food and local transportation can be relatively affordable compared to Western cities, overall expenses for dining, entertainment, and imported goods are considerable.

Weather

Mumbai has a tropical climate with a monsoon season from June to September bringing heavy rainfall, and a warm, humid climate for most of the year with temperatures typically ranging from 20°C to 35°C.

Healthcare in Mumbai

Mumbai has several well-equipped private and government hospitals including Apollo, Fortis, and Lilavati, offering modern medical facilities and specialized care. Healthcare quality varies significantly between private institutions (excellent) and public hospitals (adequate but often crowded). English-speaking doctors are readily available in major private hospitals across the city.

❮

❯