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Posted on March 07 2023

Here's how! 2.25 lakh Indians gave up citizenship & settled abroad in 2022

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By  Editor
Updated May 10 2023

Highlights: 2.25 lakhs Indians emigrated abroad in 2022

  • As per the Ministry of External Affairs, over 2 lakhs Indians have given up their citizenship to move abroad in 2022.  
  • It was revealed that Indians with a high net worth comprised most of the emigrant population.
  • A list of 135 countries listed by the External Affairs of India whose citizenship Indians obtained.
  • Residence by Investment is the process through which well-off Indians give up their citizenship.

*Looking to become a Permanent Resident abroad? Contact Y-Axis.

 Residence by Investment

  • Residence by Investment is a process through which well-off Indian families give up their citizenship.
  • The wealthy Indians who revoke their Indian citizenship while in the country are termed Dollar Millionaires or HNI.
  • HNIs are Indians with a net value of 8.2 crores who plan on giving up their citizenship to settle abroad.
  • 3,47,000 Indians are a part of the HNI group or the Dollar Millionaires.
  • The primary 9 Indian cities that have the most population of the HNI crowd are given below:
  • Delhi
  • Mumbai
  • Hyderabad
  • Bengaluru
  • Kolkata
  • Pune
  • Ahmedabad
  • Gurgaon

Why are Indians emigrating abroad?

  • Better employment opportunities
  • Finer quality of life
  • Advanced education system
  • Updated healthcare facilities
  • Dignity of labor
  • Flexible lifestyle

Planning to migrant overseas? Contact Y-Axis, world’s No.1 Immigration Company.

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