March 11, 2019 – Demand is surging among wealthy Indians for investment immigration programs like the US EB-5 visa, Canadian investment programsand Caribbean citizenship streams.
Enquiries from wealthy investors seeking a second passport or fast-track permanent residence have grown by 320 per cent in the past year.
Why Investment Immigration?
Wealthy Indians seek citizenship or permanent residence by investment programs for the same reasons as affluent Chinese and Russians.
Very few Indians who opt for a golden visa program actually intend to leave the country and settle in a foreign destination.
Rather, rich Indians want the option of having a backup plan offering international mobility, access to developed markets, and a better lifestyle for themselves and their children.
This is one reason why programs such as Portugal's golden visa, which requires the physical presence of just seven days in a year, are.
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The content of this article reflects the personal insight of Attorney Colin Singer and needs no disclaimer