What are the most challenging aspects of retiring in India?
We asked retirees what they find the most challenging about retiring in India. They wrote...
"One of the most challenging aspects of retiring in India is the lack of a comprehensive social security system. This means that retirees are often reliant on their own savings or investments to fund their retirement. Additionally, India's healthcare system is inadequate and can be expensive for retirees, as most health insurance plans do not cover the health needs of the elderly. Furthermore, retirees in India may experience difficulty accessing government benefits and other financial resources due to lack of awareness and adequate support. Finally, India's taxation structure is complicated and can be hard to navigate as a retiree," explained one expat living in India.
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Traveling Mailbox serves thousands of travelers, expats, digital nomads, businesses, individuals and others in over 47 Countries by scanning their postal mail so they can view it online anywhere in the world. They provide customer service 7 days a week so if you need assistance, it is just a phone call away. Traveling Mailbox works with Evernote, Bill.com and Dropbox. And, there are Traveling Mailbox apps available for iOS and Android devices.
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Other Questions:
- What do I need to know before retiring in India?
- How do I meet people in India?
- What is life like in India?
- Is there a lot of crime in India?
- Is there a lot of diversity? Are people in India accepting of differences?
- What are the schools in India like?
- Is the cost of living in India high?
- What advice do you have for expats having a baby in India?
- What are healthcare services like in India?
- Is the cost of living in India high?
- What type of recreational facilities are in India?
- What is the weather like in India?
- Are there good restaurants in India?
- Where will I buy groceries and do other shopping in India?
- What are the visa & residency requirements in India?
- Are healthcare and health insurance expensive in India?
- What do I need to know when buying property in India?
- Are foreigners allowed to own property in India?
- What appliances are typically included in a rental?
What are the most challenging aspects of retiring in India?
If you live in India, newcomers to India would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.