Present life and future in Canada
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Location: God's own country
Posted on: 02-01-12 02:28:32
How about if my salary was 150 times more than what it was in Canada?
For example :
$ 50,000 a year in Canada and Rs. 50 lakhs a year in India.
Grow up !
Peace
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I am a Gents and not a Ladies.
Something doesnt add up here . 50 Lakhs is not even 100,000 CAD ..Secondly people making $ 50,000 in Canada are not eligible for food stamps and do not stand in Ikea line for left overs ... Am I missing something here .
Quote:
Originally posted by tamilkuravan
How about if my salary was 150 times more than what it was in Canada?
For example :
$ 50,000 a year in Canada and Rs. 50 lakhs a year in India.
Grow up !
Peace
Location: God's own country
Posted on: 03-01-12 05:38:52
Looks like Crenshaw is back in action !
I leave the IKEA food left overs for you to munch upon.
Stand in the - 10 deg. cent. and enjoy !
Peace
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I am a Gents and not a Ladies.
Quote:
Originally posted by tamilkuravan
How about if my salary was 150 times more than what it was in Canada?
For example :
$ 50,000 a year in Canada and Rs. 50 lakhs a year in India.
Grow up !
Peace
You mean to say you are getting $7 500 000 in India? With the inflation 50 lakhs are peanuts.
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immigrantioncanada
50 lacs are peanuts in India today ( with or without the inflation ) .... you gotta be kidding for sure !!!! .. unless you mean paisas 
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Fido.
Location: God's own country
Posted on: 04-01-12 02:48:44
Sanchith,
You donot understand the concept.
If I got $ 5000 a month (after taxes in Canada) it is Rs. 2.60,000.
If I get Rs. 5 lakhs a month in India, do I care if the exchange rate is Rs 40 to a $ or Rs 60 to a $?
Still I am paid in India and I buy Indian goods. If Inflation is 10%, then my salary may increase 15% each year.
Peace
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I am a Gents and not a Ladies.
Quote:
Originally posted by rejuveda
Ramar2005,
Thanks for your reply. I'm pretty confident that if we do decide to come, i can work very hard and support my family. I would just like to know one thing. say if i had roughly 50,000 CAD to invest, do you think i would get to buy a business or invest in something ? Would it be enough to settle ? I hear that Ca is very expensive and living costs are very high so we always feel we're short of cash to settle. Pls help me out here. Thanks a lot.
Firstly for $50,000, you may not be able to buy any established business. If you somehow manage it, cash flow from it will not be sufficient to pay your bills. I think you must first settle and get a feel of canada before you get into business and all.
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