An Indian 23-year-old IT engineer who earns around 1 lakh per month, sparked a discussion on Reddit about his plans. He feels inferior to his friends studying abroad and questions whether to stay in. India Better than settling abroad.

Indians are increasingly interested in renouncing citizenship to settle abroad. According to the Ministry of External Affairs (MEA), 1.75 million (1,075,000) Indians voluntarily surrendered their passports between 2011 and June 2023. From Antigua and Barbuda, Brazil, Iceland and the Vatican to the US, UK, France and Germany, Indians have given up citizenship to migrate to around 135 countries. Worldwide

Currently, India does not have a dual citizenship policy. As per the provisions of Article 9 of the Constitution of India read with Section 9 of the Citizenship Act, 1955 dual citizenship is not permitted.

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According to information available with the Ministry, the number of Indians who renounced their Indian citizenship was 1,63,370 (in 2021); 2,25,620 (in 2022) and 2,16,219 (in 2023), 87,026 (by June, 2023).

For reference purposes, the data was 1,22,819 (in 2011); 1,20,923 (in 2012); 1,31,405 (in 2013); 1,29,328 (in 2014); 1,31,489 (in 2015); 1,41,603 (in 2016); 1,33,049 (in 2017); 1,34,561 (in 2018); 1,44,017 (in 2019); 85,256 (in 2020).

The data shows that 1,44,017 Indians renounced their citizenship in 2019 while the number reached a record high in 2022 and around 87,026 Indians surrendered their Indian passport till June 2023.

The highest number of people surrendered their Indian passport in 2022 when 2,25,620 Indians took up foreign citizenship for opportunities abroad.

The country where Indians renounced Indian citizenship in 2022.

USA: 71991
Canada 60139
Australia 40377
United Kingdom 21457
New Zealand 7911
Italy 3839
Germany 3179
Netherlands 2345
Singapore 2695
Sweden 1970

However, according to the Henley Private Wealth Migration Report 2023, India’s wealth outflow has fallen to third place behind the UK, with only 4,300 millionaires expected to leave the country in 2024.

Indians Abroad.

The number of Indian nationals seeking global employment has grown significantly over the past two decades. The MEA reported that around 13 million Indian nationals, including labourers, professionals and experts, are currently living abroad, according to information shared with Parliament.

Many of them have opted for foreign citizenship due to personal convenience. There is no restriction on Indian citizens traveling to foreign countries for employment. Some of them settle in their country of employment and acquire foreign citizenship for personal reasons.

Number of Indians working abroad

United Arab Emirates 35.54 lakhs
Saudi Arabia 22.19 lakhs
Kuwait 8.29 lakhs
Diameter 8.00 lakhs
Oman 5.30 lakhs
(Top 5 countries, approx.)

Indian citizens living abroad

The Overseas Citizenship of India (OCI) scheme was introduced in August 2005 by amending the Citizenship Act, 1955. The scheme provides for the registration as Overseas Citizens of India (OCI) of all Persons of Indian Origin (PIOs) who were citizens of India. On or after 26 January 1950 or were eligible to become citizens of India. 26 January 1950

OCI should not be misconstrued as ‘dual citizenship’. OCI does not grant political rights. A registered overseas citizen of India shall not be entitled to the rights conferred on a citizen of India under Article 16 of the Constitution.

A registered overseas citizen of India is allowed multiple entry, multi-purpose, life– Long-term visa to visit India, exempts him from registration with the Foreign Territorial Registration Officer or Foreign Registration Officer for any period of stay in India, and in respect of all facilities common with non-resident Indians. is entitled to ‘equality’. them in economic, financial and educational fields.

As of January 31, 2022, about 40.68 lakh OCI registration cards were issued.

Also read: US EB-5 Visa: A popular route to US permanent residency for Indian investors