Relocating to Pakistan: Is it a good idea Currently? (June 2022)
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- čas přidán 18. 06. 2022
- In this video I share my view on relocating to Pakistan in the current economic situation. I share details of the impact that Petrol Prices have had on expenses.
Thank you and please keep making these videos. They are very helpful!
Thanks for the informative video! Nice to see your channel growing. keep up the great work. All the best.
Thanks for your support and trust Ahsan 👍👍
Isnt Pakistan collapsing?
Thanks Hassan - Well presented video and very important to hear this from someone such as your self who is on the ground there with the latest perspective.
Thanks Jehangir Bhai. It was a great suggestion from you to make this video and I am happy I did that given the amount of interest it is generating 👍
Salaam brother. Your videos are really helpful. I'm still planning to move to Pakistan. In Sha Allah I'll visit you some time when I'm there.
Thanks for your appreciation Bro 👍.All the best with your move. Let me know and can meet Insha'Allah
Great advice. i was thinking to move but decided the same not this sep but next sep... and you are saying the same.
Thanks a lot for appreciating 👍. It always makes sense to be cautious.
Good to see this video! I did have a great time talking with you a few months ago and my intent is still the same, as in relocating to Pakistan regardless of the situation there. It might not happen now but it will happen soon enough!
Separately the subsidies had to come to an end, unfortunate as it may be for everyone in Pakistan.
Thanks for your comment Bro 👍. Indeed as long as there is a plan things should work out well. All the best and hope all is well at your end
Thank you very much for posting you videos through out the journey, may Allaha give you strength and keep going with success and blessings. Your prespective in this video is more to do with finances, it will be great if you can do a video on over all reflections culture, family, kids growth the perspective of other half and your own emotional roller coaster ride.
Thanks a lot for your kind words and appreciation if you look at our 1 year update video series you may find it useful as we tried covering these aspects 👍
City dwellers probably have it difficult if the income stream dries up. If you lose your job then it's really difficult. Alhamdulilah, I live in a village. We have our very own regular 6 month supply of seeds which we grind to get our flour.
We grow our own veggie and eat them according to seasonal availability. For cooking oil, we just go to the local presser and he extracts the oil out of our seeds. Hence, we have cooking oil. I don't pay water bills because I have bore water.
Raw unpasteurised milk is always available. I pray Fajr namaz and then pop in to the local grocery shop to get my 2 kilo of milk every day.
I have my own house which my father constructed. So no rent.
I have a cheap 1997 Honda car which gets me from A to B. No insurance. Only use it when needed. Otherwise, motorcycle is used. No fuel at the pump?? No issues, Alhamdulilah I'm healthy so I just walk. which also allows me to get my daily 12k steps. So one stays fit.
Electricity and gas can be an issue. I'm working on it. Saving up for a hybrid solar system. Once installed, then lower electric bills.
Basically, one CAN survive if there's will power to do it.
If I was in a city, then my expenses would have been unbearable. Kids would want to eat burgers all the time; a trip to McDonald's with my family would easily cost me at least 3000 rupees. The begum sahibah would want her latest trend outfit. I'll become lazy because I'll be always relying on my car to go everywhere etc etc.
Anyways, try to live simple and you can easily get through hard times inshallah.
Very nice analysis....if sustainable this basic organic life style would be great....away from stress and hassle of the cities 👍👍..you really have a lot going on there...
@Dr. Nabeel Durrani Alhamdulilah we don't have a Qabza or snatching issue where I live. You can buy land easily as now there are secure systems in place to prevent staching. Once you buy land then build walls around it to ensure your claim to the land. Qabza only happens when land is purchased and no one has tended to it for some time. Allah give you success in your endeavours. Ameen
Nice one Ubaid Saheb. Can I contact you by phone.
Did you transition from city to village after you arrived? I am from the UK and want to do exactly what you stated however I initially would probably need to go to the city and the leave the city to the village in the near future inshallah. Any advice on how to transition from city to village?
@@redman6790 It'll be better to move to the city at first. An urban to rural approach would be better. Save up enough money to sustain your family for at least 12 months. Then see how things go. Never make the big leap and arrive here. Transitional approach is best.
Earning in PKR is totally worthless now.
If possible to earn dollars or pounds living in Pakistan. Then it's the best option.
Otherwise no, stay abroad.
Thank you brother for your wise words 🙏
No problem at all. Many Thanks for your appreciation 👍
Thanks for your videos. They are very informative.
Can you also work on some other schools options in Bahria phase 7-8. i have seen your wife views on Westminster and after that i changed my mind for my kids as well and will look for some thing else . Are you guys continuing in the same school for your kids?
Thanks for your appreciation 👍.
For now, given the stage they are at and the fact that overall they are happy we are sticking with WM ( I am personally still satisfied with most areas but of course we will monitor the situation) 👍👍
Went to Pakistan last year 2021 from Australia took all my stuff as well in a container. Came back to Australia after 6 months. I lived in my own house built in Islamabad Bahria enclave. Good luck to anyone thinking of relocating.
What were the reasons of you coming back to Australia? Will appreciate if you could share.
@@ehsan719 There were many reasons. Everyone's personal circumstances are different. You have to live the life there as locals to get the real experience which is far different to having a holiday. Day to day living can get frustrating. You think differently before going but you start to realise things are not what they seem. Relatives are busy lots of people are having problems and you try to help as much as possible. Unfortunately some people take advantage. Overall it is a good experience.
@@Somethingelse373 yes agree, relatives thing is scary. They are not happy either way 😀
Interesting video. I have relocated my self in 2019 with my family. I found life in Pakistan is much busier then in UK but no complain . A lot has been changed since 2019 in Pakistan and also in UK . I will be visiting UK with family after Eid for couple of months. My children are enjoying Pakistan they just want to go UK for holidays. My elder son(11yr) doesn't speak Urdu still , he understand but he doesn't speak . My daughter(9yr) she has started speaking Urdu. I think we should meet and share our experiences.
Thanks for your comment. I was mainly trying to capture the aspect of financial uncertainty that is currently prevalent here and its impact on people who are planning a relocation... otherwise if you get a chance to view my video series on 1 year living experience update, you will find that our conclusions are aligned 🙂. We can connect on LinkedIn and take it from there. www.linkedin.com/in/syed-hassan-usman-rafique-228021104
Definately as i plan to do the same insha allah if pak doesnt go in to bancruptcy
@@tangokaram2534 all the best with the move 👍
@@hassanrafique insha allah i plan coming to pakistan nxt month and would like to have lunch with yourself and discuss few things.i will be living in bahria phase 8 insha allah
Aoa brother where do you live in pakistan....i am in islamabad since 2016...will be good to meet up with some UK families here so kids can have better socialising!
@hassan what do you think a lower middle class family with 2 kids, how much need monthly if rent a reasonable small house, minimum to maximum approx. idea ? big thx
It depends on many factors like school needs, area you live in etc...I have a recent video on cost of living. You might be able to adjust that estimate based in your needs....let me know if you still have some questions after watching it 👍👍
I think the prices are going up every where in the world. In UK , every thing is getting expensive day by day. For Pakistan , the best thing for those planning to move is to try to get their own house and it will cut the rental cost monthly. Secondly, one can not compromise on education and have to pay the high fees but the rest of the expenses can be controlled for example investing in solar panels, using motor bike instead of car for short market trips and reducing extra shopping and outdoor dinning.
All points you made are valid. If you have investment options then they will reduce rental and electricity costs. Austerity measures will also help (I didn't want to stress those in order to maintain neutrality in general). If one cannot afford to delay the relocation then all these steps become ever so important 👍
@Farah Khan
Exactly 👍
Hi Hassan, amazing video like before, I am staying in UK for few more years till I get citizenship for my kids, then I will relocate to Pakistan, my both kids wants to go to medical school and I think Its more affordable in Pakistan than getting bank loans in UK and get stuck for 2-3 decades. I was wondering If I should construct my plot in Bahria Town Khi, I have 2 options, first is to sell 2 plots to construct 3rd one, and second option is to send construction from UK. What do you suggest? I'm still on rent in UK.
Thanks for your appreciation 👍. Yes medical from UK makes a lot of sense. They can then go back to UK and proceed with their careers. Regards the plots...all options have their merits... sending from UK would benefit from higher exchange rates while your assets in PK remain in tact...downside is that it is very tricky to send that money back to UK ...so once you invest then it would make sense to do so for your own house...so I would say if you don't have much use of the UK money there then using it for PK is a good idea...
@@hassanrafique I know I wont be able to take money out of Pak, hence I think it would be best to use the remittance which I already sent in Pak in form of 2 plots. A 3rd option would be to use UK money to buy a house in UK and when I move to Pak in next 4-5 years, I can put it for rent and it can self pay mortgage, I am not sure if bank will allow that if I am no more a UK resident.
@@BilalFazalShaikh salam Bilal, I know many people who's houses are on rent paying mortgages and they are abroad. Shouldn't be a problem.
you did not put in the pkr depreciation factor. if you are earning in usd/eur/ pounds then the 20% inflation will be partly covered by pkr depreciation/fx appreciation. also inflation is everywhere so living in the UK you will also be paying more for gas electricity etc. it will be interesting to subtract pound's appreciation from the inflation in pakistan and then compare that figure to inflation in the UK. I guess the two figures will be close. in the end it is more like a global economy where you pay more orless the same for goods everywhere(minus the labor cost which is cheaper in Pakistan)
Thanks for raising that point. I was meant to mention it but then, as you also mentioned, felt that the offsetting will be partial and not fully compensating of the expected inflation...hence I left it for the viewer to calculate...but definitely gbp strength goes in the favour of the relocating population 👍👍
I'm thinking of moving from UK to Lahore. Would recommend lahore over UK because of the bad economy in UK? Sorry my urdu is not good...
If you just started thinking about relocation then I would advise you to wait a bit and let the political drama settle a bit...just so that the default uncertainty gets out if the way...
It’s been a while since the last video, I hope everything is alright at your end.
Thanks for your concern...yes mostly fine...just am busy with a project at work these days plus got covid three weeks ago (fine now) so things slipped a bit... planning to make a new video as soon as I get some bandwidth 👍👍
Calibration with your previous cost of living estimation plus add 20 % increase cost of living is important everyone has its own family personal needs. But one can do these calculations and see kitna pani ma ha bnda.
Yes that is precisely the method I was also trying to convey. One should not think in absolute gbp amount per month. Instead first calibrate, as you said, and see how much would be their expected need and then add an inflationary amount to it to get an idea of expected costs 👍
I think rather then delaying relocation people should make some changes to their plan. For example the person who is earning for the family can stay behind for a while and send family to Pak to see how it goes?
That is a fair point too. If splitting the move makes sense and finances add up in that case then this is an option too...👍👍
good idea
I think split relocation is not a good idea if you have kids. For children it's best if both parents are with them. Relocation should be very well thought and all arrangements must be aligned accordingly.
Unless you have very good family support it's not a good idea. There are lots of practical hurdles ,from driving to being safe.
@@mirzabaig82 I agree. Family gotta be together, especially if you have daughters.
we arewaiting your more videos its morethen one month now nothing update everything is ok from your side ??
Thanks for your concern 👍. Yes I have been busy with a project at work plus got covid three weeks ago...hence the delay. Will post soon Insha'Allah 👍
Rafique Bhai ap jo mein rehte hai
Aslam o Alikum Sir,
I have a Question
I have completed my Bachelor's(Electrical Engineering) in 2020 in Pakistan Now i am also doing job in Pakistan.
I am Planning to move to Australia on Student visa.... but i am worried will that will be better for Future our i stay in Pakistan....
Please Guide me Thank you
Walaikumasalam If you are motivated and feel that you want to grow technically then it would make sense to move, work there for 5+ years, get citizenship and then think about relocating back( although it will be challenging to sort out your financial plan for coming back). If you feel that you can get to a good position by staying here in the next 5+ years then that is also a perfectly valid proposition 👍
It has come to mind its probably the worst time for a move but the balls rolling and we move next week
We don't have a place to stay we plan to build our house and stay on rent
would it be ideal to hold off building right now till things settle
Currently the cost of materials has gone up, so yes I would say waiting a few months ( maybe even a year) would make sense. Actually if you look at a year's rental cost and compare it with the cost of building your own house, it is insignificant ( like say 10 lacs for a year's rent vs 150lacs say for building a house) but staying in rental gives you a lot of insights about potential issues one should avoid when building their own house. So in a way it will be beneficial 👍. Don't worry too much if you guys are this close to a move...like I said it is not all doom and gloom...
Why not buy a house. Isnt buying a plot and then constructing house more expensive?
we need more info from your side after more then year you live in pakistan howz is your income source without from uk job ????
I still work for my original company
Salaam, I see that you are still working for a UK company. Have you looked into the possibility of hiring people from Pakistan to assist in your work or grow a business? I’m a consultant solicitor and looking to set up a virtual assistant roles for UK based companies in Law and Accountancy
I was in talks with my company initially but then due to the war, for now it is paused. May resume in the near future 👍
Is Pakistan still a place to move ? Because after this video things have gone down even more and prices for everything have gone up. There are floods and diseases on the rise, along with cost of living. Question for you would be, if you were thinking about moving to Pakistan based on the current situation would you still consider moving or do you think we should wait and think again
Thanks for your question Masood. My conclusions remain the same as mentioned in the video...move if the financial side has been sorted....flood wise the cities were relatively unaffected. Most deviation was in the rural areas...cost of living has gone up indeed (last month's electricity bill was 40% higher!). So financial plan is key...👍
Salam brother why you stop making vlogs
Walaikumasalam Bro...have been busy with a project at work... hoping that I will find some bandwidth soon to restart 👍
Can you please comment if relocating to Pakistan is still a good Idea?
I would still say it depends on your financial plan....what has happened is that costs have gone up so expenses are eating into your budget...I would say that compared to my one year video on cost of living you should add around 30-40% more in the required budget....
@@hassanrafique Makes sense, what about life in general and the political instability, would you still stand by your decision if there is 12 hrs load shedding in summers?
@@Noorwala2023 12 hours load shedding is not barrable so one should aim to find a solution in terms of either living in Bahria etc and or arranging solar panels... certainly if none of those options are possible then it will be extremely difficult
Is there anyone from Australia, looking to transition to Pakistan here
Yes I did but returned after 6 months
Yes ISA moving back in Dec this year
Brother you have gained weight,
Yes Brother. Refined carbs in Pakistan is the reason, need some motivation to shred some off, although in the coming season it is even more tricky....but let's hope I can 😁
Salam bother is there anyway we can contact you, from the UK
Walaikumasalam...we can get in touch on LinkedIn www.linkedin.com/in/syed-hassan-usman-rafique-228021104
Thanks
I want to move pakistan I just want advise from you please how I contact you .I am from uk
We can connect in LinkedIn and take it from there www.linkedin.com/in/syed-hassan-usman-rafique-228021104 👍