Where do I put this hypothetical $1.5 Million?
I need a financial advice / any ideas / guidance regarding a situation:
So, I got this late night 3AM thought that if we sell out all of our inherited property (mostly agricultural land); we can have some $1.5M cash in our bank account ~ 45 cr
It rooted from me planning to move out as a family, we’re a family of 5. Preferably thought of moving to US kyunke mulk ke halaat boss bohat out hein.
I need to know what would be best way to keep that money? As we don’t have any strong ties with anyone sitting in powerful places and I fear it’s a lawless country. Aur itnay paison se kitno ki niyat kharab hou sakti. (got tons of snake relatives)
The most basic plan I thought was ke the income that we get out of these lands is around 1cr/year but if only we sell the land; it can generate more than that just sitting in bank.
Is it even realistically possible and feasible?
Because these past few years have been super shit because of floods and shit.
P.S.
And yes, I plan to move out with my family by any means. Would it be possible to get PR / Green Card in any other good countries if not US for example?
And there’s no chances of value increment in that area where the agricultural land is; in fact 20% of it almost touches the river; absolutely no industrialisation chances either.
I’m just 22, talked it out with my mom (abba nahi hein, rip). she says she has full confidence in me if I know what I’m doing and if I think I can make it work… She shared all the above concerns as well.
Any guidance / words / advice to a chota bhai would be appreciated. Thank you!