Home Immigration Exclusive: Why Are Indians Giving Up Citizenship and Investing In Other Countries| Mr Birender Singh

Exclusive: Why Are Indians Giving Up Citizenship and Investing In Other Countries| Mr Birender Singh

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Exclusive: Why Are Indians Giving Up Citizenship and Investing In Other Countries| Mr Birender Singh

“Earlier this year, a statistics report revealed that a record number of Indians applied to give up their Indian citizenship last year. Over 1,60,000 Indian nationals renounced their Indian citizenship in 2021. Needless to say, these are all high-net-worth individuals who can afford citizenship abroad. India doesn’t have the provision of dual citizenship, so if they want a citizenship of another country, these rich Indians tend to give up their Indian citizenship.
Since 2017, over 9 Lakh Indians have renounced their citizenship.
If we talk about the 2021 data then, maximum number of people have taken up US citizenships, followed by Australia, Canada and UK.
What this data tells us is that increasing number of Indians are willing to give up their citizenship and definitely there seems to be a trend of it.
But how does one renounce their citizenship and obtain that of another country? What is the process? Why may they do so? Many questions that we have and to answer those, we have with us Mr Birender Singh, Managing Director of Quantis Consultancy which facilitates citizenship services.

#Citizenship #Residency #Investment #HWNews #Exclusive #Quantis #Consultancy #US #Australia #Canada #UK #India

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26 COMMENTS

  1. Don't worry, we have the most important citizens who matter- the Adanis and the Ambanis . Along with Modi they will take India to $ 40 trillion. The remaining citizens will survive on a few lakhs .

  2. In India societies, the respect comes when you are an NRI, that is the irony. People who earn her and pay taxes won't get any respect and taxpayers are not rewarded by any means here. But in other countries, they have the right to question government on their taxes. People prefer other countries because of way of life, they get justice to their taxes even health care is taken care by government. But in India, local politcians, real estate brokers get lot of money none of them pay taxes. Income tax payers like us won't get any benefit nobody even thinks about us. In India either too rich and poor can leave but middle class cannot sustain(ideal group which pays taxes and runs India)that is the reason they are sending their children to other countries. If this goes on you won't see Indian younger generations living in India.

  3. Sardarji is not honest in his answers…. He is confusing and in his response and deviating from the focus of the topic…… How many Indian leaves citizens just yo travel around the glob…? Not expecting honest answer here as his life will be miserable for being a anti-national…..

  4. I don't see any problem here,how does it even matter to anyone if one want to live abroad secondly 9 lakh people of a billion people is not a big amount plz stop this new research and focus on other matters

  5. He is talking nonsense 🔥
    He doesn't have the guts to openly raise the communal Facist Hatemonger issues on the rise & No business and No Jobs 🔥Safety & security of citizens is totally pathetic condition 🔥.

  6. NO DEMOCRACY IN INDIA!!
    THE COUNTRY IS HIGHLY CORRUPT! NO HOPE FOR THIS COUNTRY! THE BJP RSS IS BUYING MLAS WITH CRORES OF MONEY. THE POLITICIANS IN INDIA ARE CROREPATIS WITH VERY LITTLE EDUCATION. VERY DIRTY!!
    BJP RSS IS A 40% COMMISSION PARTY. THE CITIES ARE FAILING WITH FLOODING, POOR ROADS, etc..
    India is at the bottom with Nigeria and Afghanistan when it comes to corruption!

  7. Q. Why are Indians leaving citizens of the India?
    A. To answer of the Q. find out who are the people who is going out of India, These are not middle class, labour class, farmers. All those who left citizenship of India are Businessmen, who earned alot from India. Now what they have seen which rest of Indian's are not noticing. I think that is India has been pushed into religious and casteist traumatic mindset Which was working under cover and as this Modi become PM, the whole idea of India has been demolished. So the Businessmen thought that Now India not the safe and not having growth opportunities. If you ask to the people who have already adopted other country citizens. As all we who are staying here can see very well how India's growth story has been hampered, unemployment increased, safety is major concerned in the name of caste, religion specialy women and depressed classed. In this scenario how would the India progress?
    As whole focus for Modi to be retain on PM's chair without concerned to citizens, he do not have any morality, most of institutions are compromised and become pet of Mo-Sa. They become dictator, it's ok but Indian are not taking cognizance of such acts about even their own concern. This will lead India to sudden valley of cricis some years later. Modi's vision is not for nation building, it's about dividing the people and rule the India.

  8. Recent US Citizen – EX Indian here. Please note that to get US citizenship, you have to be a residing green card holder for 5 years. To have gotten green card 5 years ago, they would have to apply well into 2008 times. These people have been looking to do this for the last 14 years. Modi has just made the already bad situation , worse.

  9. HW NEWS
    Aap CHROLOGY Samjhiye…..
    Modi Hai….Toh….FOREIGN CITIZENSHIP …..MUMKIN hai….
    ……………………Aur Zaroori bhi…
    ADANI…WORLD'S # 2 Rich Man…..While many people can't eat 3 Meals a day !! hahaha

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