About 6 lakh people from India have renounced their Indian citizenship due to expatriation in the last 5 years.
About 40 percent of Indians who have declared no such citizenship have emigrated to the United States. The United States is followed by Australia and Canada.
No India ..?!
Indians are now gaining citizenship abroad for a number of reasons such as trade, better living standards, education, children’s future, lower taxes, and celebration.
Individual rich
And it is mostly the wealthy individuals, known as HNIs, who get citizenship abroad instead of Indian citizenship. And more and more people from India are now increasingly taking advantage of the Golden Visa available by investing in Portugal, Malta or Cyprus.
30 countries
The Golden Visa is issued on an investment basis in about 30 countries around the world. Such visas are also available in countries such as the United States and the United Kingdom. Those who want to quickly become citizens of the United States choose the EB-5 visa system.
6 lakh people
Over 6 lakh people who have declared no Indian citizenship in the last 5 years have had their Indian passports returned to the government. That means these 6 lakh people do not have dual citizenship. But they can get the Overseas Citizen of India card and stay, work and trade in India.
Continuous increase
The number of people leaving India has been steadily rising since 2017. Importantly, in 2019, about 1,44,017 people demanded that the government relinquish their Indian citizenship. In 2020, the number will drop to at least 85,248.
GreenCard: 3.5 lakh Indians waiting .. Do you know how many Chinese .. !!
The next biggest dream for Indian IT and H1B visa holders is to get work-based citizenship in the United States, also known as a green card.
Indians are the highest-earning other national family in the United States, so Indians and Indian companies continue to make favorable decisions about the US government.
H1B Visa
H1B recently reintroduced the lottery system by removing the pay and rank visa requirements in the visa selection system. Similarly when Joe Biden came to power he announced some data on getting a green card i.e. permanent citizenship in the United States.
Green card
But about 3,57,720 Indians are still waiting a long time to get a work-based green card, even without being able to submit a full application, according to the US Citizenship and Immigration Services.
China
Next to the Indians are 46,926 Chinese waiting. This figure is about 8 times higher than India’s 3,57,720. Well what is the reason for this wait ..
I-140 Application
Those wishing to obtain a green card based on an H1B visa in the United States must first submit an I-140, after which the U.S. Citizenship and Immigration Services will allow you to submit an I-485 application.
Nandini Nair
But Nandini Nair, a partner at Green Spoon Mortar, says the current problem is that their priority dates are not really based on the final action chart.
Only 7 percent
That means only 7 per cent of the total 1,40,000 green cards are available to Indian applicants. The number of waiting is also high as the number of Indians who have applied for a green card is high.
