Indians are taking advantage of golden visa programs. Let’s find out how. Well, many Indians plan to settle down in highly developed countries, despite coming from a country with a fast-growing economy.
A UN report states that, as of September 2019, there are approximately 17.5 million Indian-origin people living outside the country.
Some of the ways hopeful prospects try their luck abroad is by pursuing higher education, taking up job offers, starting a business, and the latest popular route being golden visa programs. “Visa Services in Delhi“
Let’s read further to understand what these programs are and why wealthy Indians are attracted to them.
What are golden visa programs?
A golden visa programme is a type of programme wherein Indians from affluent families make a huge investment in a foreign country in exchange for citizenship and permanent residency.
The investment could be anything from buying a massive property or putting a certain amount of money in a business in the country of their interest.
Why are people opting for golden visa programs?
Here are some of the reasons why prospects who were part of the exodus so far have taken the investment route to settle down abroad:
- Permanent residency for themselves and their dependents
- Better standards of living and quality of life
- Better economic opportunities
- Improved personal security
- Ensures that the whole family can be together unlike other migration routes (study/work)
- Access to better healthcare facilities
- Visa-free travel options to selected countries
- Permanent entry to the host country
- Second passport
- Exposure to other cultures
- Enrolment of their children in top educational institutions
- Better brand exposure in foreign countries
What type of investments can you make?
Here are some of the eligible investments you can make:
- Real estate investment
- Investment in a corporate or enterprise
- Investment funds
- Donations and endowments
Which countries are Indians’ favorites?
As of now, many rich Indians are willing to settle down in Portugal. Other countries in Europe, as well as the US, are current hotspots. One of the important factors in choosing a country is by looking at available investment opportunities.
As the investment required for the Caribbean Islands is much lesser, Indians are favoring countries like Antigua, Dominica, Grenada and St. Kitts.
Get More Details : Best Immigration Consultancy in Delhi