Moving to India at 18

Hello, I'm still relatively inexperienced at posting on forums as this is my first so excuse me if it takes me a little while to reply back and partake in more advanced things on the site.

Anyway, my main reason for posting here is to get everyones opinion on what I should do if I'm looking to move to India within the next 3 years.
Right now I am 18 and finishing up my last year of high school and am currently employed. I have several opportunities ahead of me but the most prominent of them is the chance to make a move and start business in India.

Here are things I would like to know if any of you would be kind enough to share them with me:

~What I will need to make the initial move
~ How to prolong my stay to possibly 1-2 years
~How much money (American $) I should have to have a decent financial base in India
~ Recommended areas to move to

The main reason I am moving there is because I see a substantial opportunity in the waste management business and would like to start my own. Thoughts on this would also be appreciated as it is my main motivation for moving.

But thank you for any future responses they are greatly appreciated and I would also like to get in contact with other expats seeing as you would offer great advice I'm sure. Thanks!
Reply to this

Hi, you will have to start by contacting a lawyer here. There are certain clauses about Non-Indians conducting business in India. Also, you would need a lawyer to register your company and stick to tax norms.

If you are 'working' in India, you need a Work Permit. You will not get one for 3 years, but the same can be renewed before it expires. (so, its not really a concern - but keep a day each aside for the renewal, bcoz the officials in most cases like being bribed and so they stretch the process)

In terms of finances, you need to know which Indian city you are targeting as a base - the cost of living varies considerably for realty, transport, commercial establishments and taxes too.

Hope this info helps. Reply to this