Thousands of affluent indians look for possibilities abroad and choose to live in places that are inexpensive and have simple citizenship procedures each year. Between 2014 and 2018, more than 23,000 indian billionaires took part in an alternate citizenship scheme, according to Morgan Stanley research.
According to research by the Global Wealth Migration Review, in 2020 alone, about 5,000 millionaires—or 2% of all high-net-worth people in India—moved outside.Dominica - ₹76,46,000The beautiful Caribbean country of dominica has a very alluring citizenship scheme. Among the advantages include visa-free travel to over 140 nations, including the US, Canada, and the UK. In addition, citizens benefit from free health insurance for life and are exempt from inheritance and capital gains taxes.
St. Lucia - ₹76,46,000Another charming Caribbean island, St. Lucia, offers visa-free travel to more than 140 nations. Significant tax advantages are available to business owners, including a 10-year exemption from property taxes and corporate income tax. Additionally, citizens have preferential treatment when it comes to work permits and free education for children up to the age of 18.
Grenada - ₹114,69,000Grenada provides visa-free travel to more than 130 countries and is renowned for its stunning beauty and rich tradition. Citizens can enjoy preferential treatment in other countries regarding residence visas and owning property without having to pay property taxes. Additionally, Grenadian citizenship makes it easier to live and work in the US by granting access to the E-2 Investor Visa Program.
Antigua and Barbuda - ₹76,46,000
More than 130 countries are accessible without a visa through the charming islands of Antigua and Barbuda. In order to reside and work in the UK, citizens can apply for the Tier 1 Investor Visa. Participation in the Caribbean Single Market and Economy (CSME) and preferred
education at the
university of the
west indies are other advantages.
Vanuatu - ₹91,05,000
Australia, New Zealand, and
singapore are among the more than 120 nations to which Vanuatu, a tranquil South Pacific country, offers visa-free travel. Vanuatuan nationals are eligible to join the Melanesian Spearhead Group (MSG), receive preferential treatment for
business visas, and receive free tuition at the
university of the South Pacific.
The aforementioned nations provide affordable citizenship programs that give
people and their families increased security,
business chances, and the flexibility to pursue new options.
Note: Before making any investing decisions, thorough research and professional guidance are crucial.