• Hey there! Welcome to TFC! View fewer ads on the website just by signing up on TF Community.

Planning to leave India after maxxing out my Credit Cards

Status
Not open for further replies.

Pissant

TF Legend
VIP Lounge
I am leaving India forever in December of this year. I have a house in Singapore and will be a citizen by then. I am seriously considering maxing out the credit limits of all of my cards by transferring them into my account and then into my Singapore account slowly by the end of this year before I leave. I will not do this to my American Express card as I already have another American Express card in Singapore and do not want to risk being charged on the Singaporean card and ruin my CIBIL there.

I am not in any need of money as I am already a millionaire in SGD but I feel like this is just free money that I am leaving on the table. None of my family lives here either so why should I care since I will never be coming back here? I will be doing this via 13 credit cards all issued to me by Indian Banks.

If I pull this off I will be able to make 1.6 crore from all of my cards after deducting the rent payment charges. Do you guys have any opinions and suggestions on how I can pull this off?

How viable is this?
 
But tell jobe scene if you have idea about it
Well, I am a CS undergrad and in finance so don't really have much of a grasp on what you're looking for but there are definitely plenty positions open but Singapore has taken a hit over the last few years, but pretty much every country has. The only thing I can tell you is that my best friend Murali did his MBA there and ended up designing the infotainment systems for all SBS buses in the country. And now he completely strayed away from his degree but he does have a lot of opportunities and money. So, there are a lot of opportunities.
 
Status
Not open for further replies.
Back
Top