doubt on onsite opportunity

[alfred jones]

guys i have a doubt about this onsite opportunity....because i never have this opportunity.

can you please tell , is this profitable opportunity ? can we get money out of it ?

how much savings we can make in INR per month approx ?

can you give some estimate ?

and yes....can you send your money back to india ? because i have heard you can not send money to india as much as you want....is this true ?

[Abhijit Kumar]

Benefit include (depending upon the duration, let's assume more then 1 month and less then 3 month):

1> Opportunities to interact *directly* with clients and understanding of cross-cultural differences.
2> Savings from daily allowance which compnay gives
3> Enjoy the new country as a tourist.

If it's more then 3 months, I guess apart from savings there is not much fun left.

And yes, some companies find your CV better, if you have done some overseas assignments.
AK

[alfred jones]

As an example, suppose one get 5000$/month in USA for onsite opportunity ....how much savings one can make out of it ? US is costly right ?

[alfred jones]

2> Savings from daily allowance which compnay gives

you mean do they pay daily ? is their no monthly payment system like in india ?

[Kj Reddy]

Originally posted by alfred jones:
2> Savings from daily allowance which compnay gives

you mean do they pay daily ? is their no monthly payment system like in india ?

If it is short term(I guess 1 to 3 months) you will get pay interms of daily allowances.

[Sumit Chopra]

Originally posted by KJ Reddy:


If it is short term(I guess 1 to 3 months) you will get pay interms of daily allowances.

As much as I've seen it varies from $40 - $80 per day in different companies.

[alfred jones]

As much as I've seen it varies from $40 - $80 per day in different companies.

is this ok allowance ? does US programmers also get this much ? or indians are underpaid there ?

BTW, when anybody gets a onsite opportunity , does the company facilitates accomadation ? because, one can not make fooding+lodging with this allowance certainly.

my friend who stidies in a university says, he spent 10$ for hair cutting!!!...if the cost is so high..its really would become very difficult to survive unless company/consultancy provide some other allowance.....is not it ?

[Sumit Chopra]

Originally posted by alfred jones:
As much as I've seen it varies from $40 - $80 per day in different companies.

is this ok allowance ? does US programmers also get this much ? or indians are underpaid there ?

BTW, when anybody gets a onsite opportunity , does the company facilitates accomadation ? because, one can not make fooding+lodging with this allowance certainly.

my friend who stidies in a university says, he spent 10$ for hair cutting!!!...if the cost is so high..its really would become very difficult to survive unless company/consultancy provide some other allowance.....is not it ?

They provide for transportation and accomodation. I am not sure about food.

[Kj Reddy]

Originally posted by alfred jones:
As much as I've seen it varies from $40 - $80 per day in different companies.

is this ok allowance ? does US programmers also get this much ? or indians are underpaid there ?

That is ok allowance provided company provides you accomdation and transport facility. If they dont provide accomdation the daily allowance will be more then $100 per day.

[abhishek roy]

Here in My company they give 35 pounds per day in UK and 50 Euros in NetherLand. Saving depends upon you and your stay. Company will provide rooms for you in onsite so not to worry spending on that. But transportation and travelling are your expenditure. Generally travelling in european countries is very high. Only way of saving your money is by cooking yourself. So generally saying I save around 1.2L per month. so 3 months means approximately 3 L.

[abhishek roy]

Yes and about sending money back to India you have two options. One if you use western union money transfer which they ll take some charge. or else you can bring in the cash back to india in foreign currency. I opted for the second option. As you are allowed upto 4000 us dollar equivalent to be carried with you and the customs will allow it. Once you have the dollar bills or pounds in india you can easily exchange them for INR. I did it at MGRoad near central.

And above that the money is not taxable.....

[Ganpi Srinivasan]

Originally posted by alfred jones:

my friend who stidies in a university says, he spent 10$ for hair cutting!!!...if the cost is so high..its really would become very difficult to survive unless company/consultancy provide some other allowance.....is not it ?

You've got to understand that it is not prudent to convert every expenditure into Indian Rupees and compare. Purchasing power of USD is much more than INR. I would advise you to think of it as spending 10 rupees on a haircut in India - since you would be earning in dollars, spending 10 bucks out of your monthly paycheck should not be a big deal...

[NJ Joshi]

My suggestion , As its your first oppurtunity ,go head and enjoy ,learn ,see the world your self and after 3 months you can make better judgement .Don't worry about money as it is short term only ,you are not going to be rich even if you save all of your money .
But it will give better opportunities in near future.
Best of Luck

[David C Mathew]

yes first get onsite experience money should not be a role, you may get than in india

[Ashish Murthy]

As a bachelor, I shared a 2BHK Flat and a Car with another guy. We were able to live happily with 1400-1500 expenditure.

After marriage, nowI m living in a 1BHK flat, have my own Car(second hand). I am spending about 2000 USD, but the tax benefits are more if you have a dependent wife, so effectively it is same as above.

The rest of ur income is saving. With 5000 USD, a saving of 2000 USD after tax should not be difficult.