Indian couple chooses Luxembourg over US for better quality of life despite lower salaries
Luxembourg: In 2020, Bengaluru-based couple Prateek Gupta and Neha Maheshwari made the decision to move to Luxembourg, opting for a better quality of life over the higher salaries they could have earned in the US or Dubai. In an interview with Live Mint, the couple shared their reasons for the move and how their life has changed since relocating to Europe.
Neha, who works in finance at a German real estate company, and Prateek, a senior analyst at Amazon, admitted that while staying in India or moving to countries like the US or Dubai would have provided them with greater financial opportunities, the lifestyle in Europe was more appealing. "Continuing in India or moving to the US would have given us more career and earning opportunities. But we wanted to experience the superior quality of life that Europe offers," Prateek explained.
One of the key factors behind their decision was the balance between income and the services available in Luxembourg. While the couple pays around 28% of their income in taxes, slightly lower than in India, they feel that the services they receive, including healthcare and social security, make it worthwhile. "We contribute 3% of our income to government-sponsored health insurance, which covers most medical needs, except dental treatment," Neha shared.
Another aspect of Luxembourg's tax system that appeals to the couple is the 2% unemployment fund contribution. "If someone loses their job, the government pays 80% of their last drawn salary for up to two years, or until they find new employment," Neha explained. This security, along with healthcare coverage, means they don’t need a separate emergency fund.
The couple also spoke about the affordability of luxury cars and travel in Europe. They purchased a Mercedes A-class for €43,000, which is far more affordable than in India, where a similar car would cost ₹55 lakh. "I wouldn’t easily buy a luxury car priced over ₹50 lakh in India, but in Luxembourg, it’s within my means due to my income in euros," Prateek noted.
Additionally, they find traveling around Europe to be more budget-friendly. Since they earn and spend in the same currency, they can enjoy holidays across Europe without worrying about exchange rates. "The proximity between countries also makes travel cheaper, as we can simply drive around," Prateek said.
Though the couple acknowledges that they could have earned more in other countries or stayed in India for bigger pay increments, the overall quality of life in Luxembourg has proven to be the deciding factor.
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Trump repeats claim he stopped potential nuclear war between India and Pakistan
New York/Washington (PTI): US President Donald Trump has repeated his claim of resolving the India-Pakistan conflict and asserted that Islamabad's leadership credited him for saving millions of lives.
"We stopped a potential nuclear war between Pakistan and India. And the head of Pakistan, a highly respected General, he's a Field Marshal and also the Prime Minister of Pakistan, said President Trump saved 10 million lives, maybe more...,” Trump said Monday.
He made these remarks at Mar-a-Lago, Florida, flanked by Defence Secretary Pete Hegseth, Navy Secretary John Phelan, and Secretary of State Marco Rubio.
“You know, eight planes were shot down. That war was starting to rage, and he actually said the other day that President Trump saved 10 million lives, maybe more. So we solved all these wars. The only one I haven't solved yet is Russia, Ukraine,” he said.
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Since May 10, when Trump announced on social media that India and Pakistan had agreed to a “full and immediate” ceasefire after a “long night” of talks mediated by Washington, he has repeated his claim over 60 times that he “helped settle” the tensions between the two neighbours.
New Delhi has consistently denied any third-party intervention.
India launched Operation Sindoor on May 7, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir in retaliation for the April 22 Pahalgam attack that killed 26 civilians.
India and Pakistan reached an understanding on May 10 to end the conflict after four days of intense cross-border drone and missile strikes.
