skip to Main Content
SUBMIT INQUIRY

Take the first step towards world citizenship and global investment.

Request a Callback

Have a query about global presence? Fill out the form & we will fill you with the details you need.

The Rise of Indians Giving Up Their Nationality: A Journey of Self-Discovery and New Opportunities Abroad

The Rise of Indians Giving Up Their Nationality: A Journey of Self-Discovery and New Opportunities Abroad

In recent years, there has been a significant increase in the number of Indians who are choosing to migrate abroad and give up their Indian nationality. This trend has been driven by various factors, including pursuing higher education, employment opportunities, investing in businesses, and unfriendly tax regimes. The Indian diaspora is the world’s largest, with over 17.9 million Indians living abroad.

 Motivations Driving the Trend

Individuals relinquish their Indian citizenship for reasons personal to them. Wealth is growing in India at an accelerated pace, producing more millionaires and billionaires than ever before. According to Global Wealth Migration Review data, around 7,000 Indian millionaires moved abroad permanently in 2020. Most of them are highly skilled, comprising doctors, engineers, financial professionals, and others heading to foreign shores in search of better opportunities. Some of the reasons driving the trend include:

  1. – Pursuing higher education in reputable universities
  2. – Employment in a foreign country
  3. – Investing in businesses
  4. – Unfriendly tax regime

Challenges Faced During the Immigration Process

The immigration process can be challenging, and Indians face various obstacles when migrating abroad. These challenges include:

  1. – Language barriers
  2. – Cultural differences
  3. – Legal and bureaucratic hurdles
  4. – Financial constraints

– Emotional challenges of leaving one’s homeland

Emotional Journey of Letting Go of One’s Homeland

Giving up one’s nationality and leaving one’s homeland can be an emotional journey. It involves letting go of one’s cultural identity, family, and friends. It can be a difficult decision, but for many, it is a necessary step towards achieving their dreams. The emotional journey of letting go of one’s homeland is unique to each individual, and it can be a challenging process.

Triumphs and Tribulations of Indians Pursuing Their Dreams Beyond Borders

Despite the challenges, many Indians have successfully pursued their dreams beyond borders and forged new identities on foreign shores. They have overcome obstacles and achieved success in various fields, including entrepreneurship, science, technology, and culture. Some of the well-known CEOs and professionals in the US are of Indian origin who were born in India, went to the US for higher studies, and made it big in the field of business, science, technology, culture, and so on. Their stories are an inspiration to many Indians who want to expand their business or settle in different countries.
 

Conclusion

The trend of Indians giving up their nationality and migrating abroad is driven by various factors, including pursuing higher education, employment opportunities, investing in businesses, and unfriendly tax regimes. The immigration process can be challenging, and Indians face various obstacles when migrating abroad. Giving up one’s nationality and leaving one’s homeland can be an emotional journey. Despite the challenges, many Indians have successfully pursued their dreams beyond borders and forged new identities on foreign shores. Their stories are an inspiration to many Indians who want to expand their business or settle in different countries.

 

About IBI Network:

At OurGlobalResidency, we are dedicated to empowering businesses, both new and existing, to expand and flourish on a global scale. Our mission is to facilitate the establishment of global residency, fostering a thriving network for collaboration in the ever-evolving global economy. With a focus on investment programs for residence and citizenship, we provide comprehensive solutions to meet the diverse needs of our clients.

Our team comprises highly skilled assisting consultants, legal and financial experts, and visionary investors, all committed to helping you achieve your objectives effectively, efficiently, and responsibly. Through personalized guidance and strategic planning, we ensure that every step of your journey is well-informed and purposeful.

Operating across 20 countries, OurGlobalResidency offers a vast array of over 35+ investment migration options. As a distinguished network of licensed international banking, financial advisory, and investment consulting entities, we cater to the unique requirements of individuals and businesses seeking global residency solutions.

Whether you are looking to embark on new opportunities abroad, expand your business ventures, or secure your future through alternative residency options, OurGlobalResidency is your trusted partner for success. Let us be the catalyst for your global growth and prosperity.

Up Next

Why Indians investors are Dominating Dubai Real Estate

Articles
In the ever-evolving world of investments, it has become imperative for Indian investors to expand their investment horizons beyond domestic markets. By diversifying their portfolios globally across multiple assets, Indians can reap the benefits of enhanced returns, reduced risk, and access to diverse investment opportunities.
Read Full Article
The Rise of Indians Giving Up Their Nationality: A Journey of Self-Discovery and New Opportunities Abroad

The Rise of Indians Giving Up Their Nationality: A Journey of Self-Discovery and New Opportunities Abroad

Articles
In the ever-evolving world of investments, it has become imperative for Indian investors to expand their investment horizons beyond domestic markets. By diversifying their portfolios globally across multiple assets, Indians can reap the benefits of enhanced returns, reduced risk, and access to diverse investment opportunities.
Read Full Article
Unleashing the Power of Global Immigration:

Unleashing the Power of Global Immigration: Transforming Cultures and Economies in 2023

Articles
In the ever-evolving world of investments, it has become imperative for Indian investors to expand their investment horizons beyond domestic markets. By diversifying their portfolios globally across multiple assets, Indians can reap the benefits of enhanced returns, reduced risk, and access to diverse investment opportunities.
Read Full Article

Why Global Diversification Matters: Mitigating Risk and Positioning for Long-Term Growth

Articles
In the ever-evolving world of investments, it has become imperative for Indian investors to expand their investment horizons beyond domestic markets. By diversifying their portfolios globally across multiple assets, Indians can reap the benefits of enhanced returns, reduced risk, and access to diverse investment opportunities.
Read Full Article

Global Diversification: The Key to 21st Century’s Indian Investors’ Success

Articles
Investing in global giants is a smart move for the 21st-century investor. Many of the products and services we use daily, such as Amazon, Netflix, and Google, are based outside of India and do not trade on Indian stock exchanges.
Read Full Article

Your success is our passion, and your trust in us makes us successful!
Connect with us today!

Back To Top