How immigration is reshaping the future for Indian investors and businesses

The days of aspirational investors running a business out of a single territory are in the past. Today, especially in light of the pandemic, and the resultant economic and political uncertainties that dog the world, immigration has become a tool for not only scaling up one’s business but also hedging your portfolio of products and services against an international market. 

Slowly but surely, immigration is changing India’s corporate and commercial landscape while helping reshape the future for Indian investors and businesses. 

At the heart of this evolution is Citizenship by Investment, programmes that can amplify an entrepreneur’s chances of prospering in a country or region other than their own, allowing them to become an investor with a global reach and standing. 

What Citizenship by Investment does is pave the way for a High Net Worth Individual (HNWI) and their family to become citizens of another nation, either by donating directly to a government fund in that country, or investing in a real-estate project, or any other public undertaking that assists in enhancing the quality-of-life indicators in the said sovereign territory.

Having thus qualified as a citizen, the investor is guaranteed economic and financial freedom, as well as—crucially for their business prospects—global mobility, which enables unrestricted access to destinations across the world. ‘Alternate’ citizenship also offers flexibility in business and tax planning alongside convenience in asset diversification, providing a platform in which ease-of-doing-business is a priority. Needless to say, over time, the investor can expect a substantial return on their investment.

Besides the above, their family is assured of a high standard of living, including physical safety and financial security, alongside world-class services in healthcare and education.

Alternative citizenship empowers an investor to benefit from economic opportunities around the globe, in free trade or special economic zones, in markets primed for growth, and in key financial centres and business hubs. And because Citizenship by Investment is available largely in jurisdictions that are administratively sound and less prone to be affected by external factors, it also acts as a buffer against imploding markets, recession, hyperinflation, volatile currencies and trade wars, and an insurance policy against political instability and constitutional crises.

These places are political safe havens where the investor can securely invest their money without fear of their hard-earned investment losing value. With the currency pegged at a fixed rate to the US dollar, your wealth is safe.

Presently, Antigua and Barbuda, Austria, Cambodia, Dominica, Egypt, Grenada, Jordan, Malta, Montenegro, St Kitts and Nevis, St Lucia, Turkey and Vanuatu, offer active Citizenship by Investment programmes. And each promises a similar menu of advantages as outlined above, but most of all an investor-friendly environment. Some, though, go further. 

For example, possession of a St. Kitts and Nevis passport entitles you to travel (visa-free or through visa-on-arrival) to more than 160 nations, among them business and financial hubs in the USA, Europe, East Asia and the Middle East, while a Dominican passport facilitates visa-free and visa-on-arrival travel to around 75 per cent of the world’s countries. Meanwhile, if you hold a Maltese passport, you can access more than 180 territories, also visa-free or via visa-on-arrival. For an investor or business aiming to establish an international presence, hassle-free travel is an essential requirement.

You might often have to schedule a business trip including multiple destinations, say, in Asia, the Middle East and Europe. Having   alternative citizenship gives you the freedom to do so without worrying about governments placing bureaucratic obstacles in your path. Travelling with ease to countries where economic opportunity lies, is now easier than ever before as the restrictive nature of a solitary passport limiting mobility is negated.

To conclude, by successfully applying for a Citizenship by Investment programme, Indians will no longer have to worry about missing out on once-in-a-lifetime opportunities. , Immigration opens up many doors to entrepreneurs or investors from India, giving them the ability to set up their business in whichever geography they choose, and wherever the prospects are promising. ‘Going global’ provides an immense boost to their business profiles while creating personal and professional growth. By ensuring your future, both that of your enterprise and your family is possible via alternative citizenship solutions available. 



Views expressed above are the author’s own.


Source link

Leave a Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: