Should one move to canada if your combined household income is 80 lakhs

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With a combined household income of 45 lakhs also I'm deliberating if it is worth the move. For you it is going to be tricky.

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Yes it is very !!

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There are many factors one tends to miss while making this decision. Education in India is getting pricier by the year. Healthcare is no better and again, pricier. A medical insurance with 10lacs claim would be burned out with a single procedure or treatment. Moreover, the interest rates to get a loan (and every Indian's dream - a house) itself is starting at 9-12%.

In Canada, you have free healthcare, free primary education for your kids and with a good credit score, you can secure a housing loan at 1-2% interest. Many friends in my circle have bought a house in the first 2 years after landing in Canada along with a decent car.

Moreover, once your kids attain citizenship (which can be easily attained after spending 3 years in the country), they are looking at paying a fraction of what foreign students pay for their college.

Doing a cost-benefit analysis on the above factors alone can help you make the right decision.

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Do both of you plan to work in Canada?

That's the plan but not sure if we would get the same equivalent in canada

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I am currently working in LTI with Senior Specialist role with overall almost 10 years of experience and my skill is Unix Administration.

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