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Moving to Pakistan,

(69069)
Thursday, December 1, 2011 12:07 AM 

Need some sincere advice.
I am 40 yrs old, have real estate worth 2.5 crores plus a house in Pakistan. No rental income from real estate as these are all plots. I will mange to save another $100,000 by Q1 2013 inshallah if all goes well :)
I have three kids (small) and planning to move back to Pakistan.
1. Should I start business? If yes, what? Min investment and roi?
2. I plan to find job also.
3. how much money I need to live a decent comfortable life? I am not fan of either big house or a car :)

Any other thoughts/advice from you all is welcome.

Fahad replied on Thursday, December 1, 2011 02:13 AM 

Do what you are doing overseas and making money. Bring your experience and cash in Pakistan and generate income for yourself as well as it will give work to more people.

If you and your family dont have the desire of living a life style they cant afford than your life will be good no matter where you live. A 3 brdroom house and a Suzuki car will do the job.

ZNS replied on Thursday, December 1, 2011 02:24 AM 

@Zainn. One hand you are saying I don't have enough money, oth hand you are saying stop showing "off" my wealth :). I am not showing off anything, just being honest and looking for honest opinion.

MS replied on Thursday, December 1, 2011 03:08 AM 

You are making a right decision! I am in process of doing the same. I don't think that people living in the country understand our frustration being oversees. I don't think brothers living in the country can appreciate love of their homeland unless they move out.

I would first you should concentrate of your children. Where they can live easy to settle and have good schooling.

Second business is tough here so try to find a job for a while before start anything your own.

I don't know how old your kids are so I would say monthly expeses are usually depend on children education. As you know school fees are quite high. My best guess is that you need maintain your family life style. You may going to need to need around one to one and half lakh rupee at least.

Take care and good luck!

AKJ replied on Thursday, December 1, 2011 05:05 AM 

Mr. ZNS, if u decided 2 move 2 pakistan, no worry abt it, as per my experience u've enough money 2 survive and start business, just purchase
one shop good location and area at least 20by24 feet i think between 50 to 60 lacs u can get, and take any big bakers franchise like Doce, kitchen cousine, cakes & Bakes etc and start business, i think u can earn easily 2 to 3 lacs monthly by paying all charges.

Riz replied on Thursday, December 1, 2011 06:04 AM 

Yes thats right the value of homeland known by pakistani expats and non others. Some of my colleagues are from phalestine and i know they dont have passport and they cant be able to travel anywhere. if we are abroad then because of our homeland and our passport. People who get other countries nationalities thats also because of Pakistan and Pakistani Passport without it they will never get other countries nationalities.

For business i think you can buy some shops and start retail business, its really good business or Bakery business.

Regards

Tahir replied on Thursday, December 1, 2011 06:16 AM 

Your decision is correct. You won't have any problem as you have enough resources to settle down the way you want. Do not get into joint venture business with any of your friend and relative. Simple life and live happily thereafter.

uae replied on Thursday, December 1, 2011 06:21 AM 

My sincere advice to you,
Please never start a business in which you do not have previous experience, never trust the words of people who say that you can start a business with them by putting your money and their expertise. They are expert only in depriving you of your last penny. best option for you is to buy 2 or 3 houses in bahria town or some other good locality and give these on rent. Plus get a job (whatever you are doing abroad). This will definitely make-up for all your expenses and you shall have a peaceful life. Also never ever invest in stock market.

Irfan replied on Thursday, December 1, 2011 06:37 AM 

Dear UAE, to benefit ZNS and all, thanks for advise but can you also elobrate more, e.g. you indicated not to do certain thing but have not clariifed why?
I think it will be great if you can also share some of the bad experience you or people you may know had so that we all can beneift instead of just saying do not do it?

AG replied on Thursday, December 1, 2011 08:01 AM 

@ZNS

I have done exactly what brother Naseem-Lahore has proposed. The only remaining thing to do is to construct the commercial plaza on my 5 marla commercial plot in Block B of Sector C. I am a retired person & intend to use a shop on the ground floor of my plaza for a small services based business of my own.
If you are a technical person then "A Polytechnic Institute" will also be good for you. Punjab Board of Technical Education Allows opening of a Polytechnic Institute on 1 Kanal Plot. To begin with you hire a premises & start the Institute with Minimum Financial Layout. Once it is a success go for your own building.
Buying small plots (5, 7, 8 or 10 marla), constructing houses on them & selling the same is also a good business in Lahore. The money you have will be enough for this business & you can make 2 to 3 million Rs. per year. You need not to hire your own labour. There are groups who take subcontract for different type of works e.g Plumbing, Electrical, Masonary Works. You need only to manage but, yes, the task needs a lot of effort.
May Allah (SWT) bless you with success.

Regards.

Tahir replied on Thursday, December 1, 2011 08:05 AM 

Dear AG : Can u drop your e-mail ID here. Need to discuss about constriction.

AG replied on Thursday, December 1, 2011 08:32 AM 

Tahir Bhai it is

Regards

guest replied on Thursday, December 1, 2011 12:14 PM 

Build houses on the plots you have.. and put them on rent. You can earn handsome amount of money every month without getting into business or job. Also, with every day the worth of those houses will increase.

AG replied on Thursday, December 1, 2011 06:50 PM 

Zainn Bhai whatever you have pointed out is correct but it is not foolish to invest in Pakistan or Plan to shift to Pakistan for the following reasons.

1. I bought, about a year ago, a 5 marla commercial plot in block B of Sector C of BT Lahore for PRs. 3.3 million sitting here in UAE just by sending an email to BT Lahore. Now this plot is worth PRs. 7.5 million. So the return on investment is not bad.

2. For other things Pak. expatriates have to chose between two of the evils. First evil is the things you have mentioned. The second evil is the fear of loosing our children to the values of the societies we are living in & the possible arise of situations like 9/11, Iran Iraq war, Invasion of Kuwait by Iraq, Unrest in Libya & elsewhere in the middle east.

3. There is a serious threat of worldwide recession in general & US and Europe in particular. The very first victims of the recession will be expatriates & discrimination against them will rise further.

4. This is not true that Degrees issued by Right Pakistani Institutions are not Acceptabl in the West or elsewhere.
We should be Thankfull to Pakistan because, if you are capable, Pakistan makes you Doctor, Engineer, Economist, Scientist, IT professional etc for Almost Free. In UK it takes at least 10 years for the Fresh Graduates to pay back the loans they take for their education & they even cannot afford to get married & start their families.

Hatred to Pakistan is not the solution of the problem. The solution lies in "We being honest to ourself".

Regards.

Nadeem replied on Thursday, December 1, 2011 09:52 PM 

@ MR Zainn, please don't portray bad picture of Pakistan. I don't know where you live, but you need to understand the situation of people living abrad - their love of country, even broken roads look nicer. Yes, if you are living in a below average area then you can talk about the problems you mentioned (I hope you are not in those areas). Based on money what Mr. ZNS has, he can live a very good life in Pakistan with some good investments and without the majority of problems you mentioned. Bahria town, DHA, Askari SD-houes are the options and more places of course.

Tahir replied on Friday, December 2, 2011 03:05 AM 

@ MR Zainn
Have you ever seen any national of the world talking about his country the way you talk about your own and that too on a forum that is read far and wide. Yes, Pakistan has lot of problems and so so does every with varying degrees. What are your contributions to solve any of the problem you have cited above. To start with, did you vote to an honest representative in last election ? and What do you plan to do (may it be a smallest thing) for the overall betterment of the society in future ?

Malik M replied on Friday, December 2, 2011 08:41 AM 

Dear ZNS
Warm Welcome to you. I am sure you will never regret to your decision of returning back. This country is full of opportunities and on top of everything it gives you honor, sence of ownership, grace that you miss abroad as an expatriate.
I returned back recently after living abroad for 11 years. I am living much much better life than I used to live abroad, although I used to earn there was 10 times higher than what I earning today.
About business, my advise is to stay in 'observer' mode for first 6 months or so before you make decision of which way to go. Then you'll have enough data to make a decsion.

Mansoor.A replied on Friday, December 2, 2011 11:48 AM 

Dear ZNS
Me and You in the same boat go ahead face the problems I'm coming after you don't worry no one can eat us in our country after all this is our country........
Wish you best of luck
Mansoor.A

Well Wisher replied on Friday, December 2, 2011 07:49 PM 

Dear Brothers...
What are you scared of, I feel good to know if some are leaving Pakistan some are coming as well.... Problems are everywhere.. here or there.. but the thing is what Islam gave us best is the family institution where we hold each others hand and help him to get out of dip...

Make Decision, Trust Allah, and perform best.. Result is not in your control but be sure whatever is coming in your way is what you deserve... whether you like it or not.. because you dont know Allah knows all..


Regards

khan from canada replied on Monday, December 5, 2011 06:06 AM 

Courageous step my ZNS. Only thing that stops me from moving back is kids, their Urdu lanuage ability and schooling standard. Best of luck and I am sure you will do awesome back in Pakistan
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