Don’t Want a Job? Here Are 5 Alternatives for NRIs Moving Back

When I landed back in Kochi after almost a decade in the US, everyone asked the same question.

“So, which company are you joining?”

I just smiled.

Truth was, I didn’t want another job. Been there, done that.

Many NRIs face this dilemma. You’ve worked at big companies abroad. You’ve climbed the ladder. Now you’re back and wondering – what next?

Let me share the alternatives I explored (and some I chose) when I returned in 2017.

1. Start Your Own Business

Remember how I always talked about wanting my own gig? When I came back, I finally took the plunge.

Starting a business in India is both easier and harder than in the US. Bureaucracy exists, but your dollar savings give you runway.

My experience: Started with digital marketing consulting, then expanded to multiple online ventures. The freedom is worth the initial struggle!

2. Real Estate Investments

This became my side hustle. NRIs have a significant advantage with forex reserves.

Indian real estate offers great returns if you know where to invest.

My experience: I started with a small commercial property in Kochi. The rental income covers my son’s education expenses now!

3. Angel Investing

The Indian startup ecosystem is booming. Your international experience makes you valuable beyond just money.

My experience: I’ve invested in 3 early-stage startups. One failed (that’s startup life!), one is stable, and one might actually make me rich!

4. Consulting/Freelancing

Your international experience is gold. Companies will pay premium for your expertise without needing full time commitment.

My experience: I consulted for my previous US employers remotely at first. This provided income stability while I built my business.

5. Teaching/Mentoring

Indian educational institutions and incubators value international experience.

My experience: Guest lecturing at local business schools opened unexpected doors. Plus, teaching young minds keeps me young!

Comparison of Options

Option	Monthly Income Potential	Time Commitment	Initial Investment
Business	₹3L-₹20L+	50-60 hrs/week	₹10L-₹50L+
Real Estate	₹50K-₹3L	5-10 hrs/month	₹50L-₹3Cr
Angel Investing	Variable (Long-term)	10-15 hrs/month	₹25L-₹1Cr
Consulting	₹2L-₹10L	20-40 hrs/week	Minimal
Teaching	₹50K-₹2L	10-20 hrs/week	Minimal

Personal Insights

When we moved back, my US-born son asked me, “Dad, won’t you miss your big office?”

I told him, “I might miss the free snacks, but not the cubicle!”

The transition wasn’t smooth though. My first venture failed spectacularly. My wife questioned our decision for months.

But six years later, I earn more than I did at my Silicon Valley job. More importantly, I have time to take mom for her medical appointments, attend my sons’ school events, and actually enjoy Kerala’s monsoons!

Important Considerations

1. Financial runway – Have at least 12 months of expenses saved
2. Family alignment – My wife wasn’t fully on board initially. We struggled until we aligned
3. Network rebuilding – Your US network helps, but local connections are crucial
4. Identity shift – You’re no longer “Senior Director at XYZ Corp.” That takes adjustment

Final Thoughts

Coming back to India doesn’t mean you need another corporate job. The opportunities are vast if you’re willing to explore.

Yes, it’s scary. Yes, you’ll doubt yourself. But as mom always says when I’m stressed – “Beta, tension mat lo. Sab theek ho jayega.”

She’s usually right.

What’s your post-return plan? Drop me a comment below!

---

Data Sources:

• Income potential statistics: ASA Group NRI Investment Report 2024
• Entrepreneurship success rates: NASSCOM Startup Ecosystem Report
• Real estate returns: Knight Frank India Real Estate Report

---

Join my ‘Back to India’ community if you’re planning your return journey. We discuss everything from school admissions to finding the best dosa in your neighborhood!