Hi KL friends,
Have been reading blogs, though checking property web portals and other weblinks have gained some intent.
# Have an Offer for fixed 28 K / Month after 25% tax + Medicals. [Am sure post the 183 day qualification it may come down, but not budgeting on the refunds].
# As shared being an India Expat the primary reason to relocate is "Earning and Savings" & SEA Experience. Hence staying around Brickfields, and normal life will be expected. Am neither Brit or American with high tastes and night out interests.
# Family : Self + Wife + 2.5 yrs Kid + new born. , Veg family.
Have drawn a monthly budget based on my understanding, I will request Indian expats working or living with family or friends to respond & validate, guide and advice.
# House Rent : 2.5 K RM - Fully furnished Condo 2 Bedroom around Brickfields
# Car leasing : 1K RM - Just a standard model.
# Groceries for Family : 2K RM per month.
# Internet/ TV connection / Phone : 600 RM
# Fuel - 300 RM / Month, maybe 15 - 20 days to home office - home. Office at Shah Alam Selagnor.
# School for my toddler - 1K / Month.
# Incidental Medicals - 500 RM / Month
# Annual travel back India - 1.5K / Month [Equating monthly the return flight tickets and cost back home on annual vacations and back. ]
# Miscellaneous Expenses - 500 RM / Month
# Shopping - 1K RM / Month [Equating Monthly the Annual shopping for family and friends].
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Total Budget - 11 K / Month + 500 RM for other incidentals. = 11.5 K / Month
Does the Budging sound logical, is it on higher side ? or apt for an Indian expat moving with family. Appreciate a response form fellow Indian Expats and Indian staying with a similar Indian Middle class approach. No offence meant to Western and other expats. Intent to putting this is to validate the data collection have done, and request your advice/ suggestions points which have been missed out.
Thank you for reading my notes.
Regards,