Emerging Trends: Why Indians Are Opting for Foreign Citizenship and What It Means for Their Future
Close to 1.6 million Indians have acquired citizenship in various countries, and approximately 68,000 Indians have surrendered their passports. It's important to note that surrendering a passport and acquiring the citizenship of another country are distinct actions, as explained by an immigration consultant specializing in New Zealand and Australia.
Certain regions in India, such as Goa, Punjab, Gujarat, are particularly active in obtaining foreign citizenship. For instance, many Goans initially viewed England as their ultimate destination; however, Brexit has significantly impacted their ability to relocate.
Reasons for Surrendering Indian Citizenship:
Access to Social Security Benefits: Certain countries allow individuals to claim social security benefits, such as an Australian citizen being able to access numerous benefits in New Zealand under the Trans-Tasman Mutual Recognition Act (TTMRA), including free education and healthcare.
Ease of Travel: Acquiring a new passport can facilitate easier and often visa-free travel. For example, while US tourist visa aspirants faced long appointment delays—approaching 20 months—an Australian citizen can travel without needing an appointment.
Employment in Government Sectors: Holding a foreign citizenship can also open doors to employment opportunities in government and other sensitive sectors.
Educational and Career Opportunities: Many individuals migrate to countries in the Organisation for Economic Co-operation and Development (OECD) on study or work visas. After obtaining higher qualifications, they often apply for post-study work visas and pursue careers across various sectors.
Employment Opportunities: Some countries offer reciprocal work rights, encouraging individuals to take advantage of these opportunities. For instance, Australians can work in the U.S. under the exclusive E-3 visa.
High-Net-Worth Individuals and Migration Destinations:
High-net-worth Indians are increasingly migrating to countries such as Dubai, Singapore, Australia, New Zealand, the US, the UK, France, and Malta. These locations are highly sought after not only for their economic opportunities but also for the quality of life they offer.
In summary, the trend of Indians acquiring citizenship in other countries reflects a desire for enhanced opportunities, quality of life, and the benefits associated with foreign citizenship.