Golden Visa Schemes Rise Amid Global Conflicts and U.S. Citizenship Policies: Expert

Rapid Summary

• Countries including the UAE and Argentina are introducing “golden visa” schemes amid global uncertainties, according to Dubai-based immigration specialist andri Boiko.
• The UAE’s golden visa offers a 10-year residency for high net worth individuals and people with extraordinary skills from India and other nations.
• Mr. Boiko emphasized that the golden visa allows investors to retain their Indian passports while benefiting from residency opportunities abroad.
• Global factors such as pandemic fallout, conflicts in West Asia and Ukraine, taxation concerns, and U.S.policy changes under President Trump are reshaping immigration dynamics.
• Trump’s Executive Order 14160 denies citizenship to certain children born in the U.S., triggering significant legal debates.
• Some Western countries like Portugal, Italy, and France welcome investors from the Global South for reasons including taxation ease and future financial security.

Indian Opinion Analysis

The growing appeal of “golden visas” highlights how global instability is influencing migration trends among high net worth individuals (HNWIs), including those from India. For India’s affluent population, such schemes offer option pathways to secure foreign residency while maintaining their native citizenship-a potential draw due to domestic uncertainties or limitations on financial mobility.

While beneficial for individual investors seeking tax relief or lifestyle flexibility abroad, this trend may have implications for India’s economy in terms of capital outflow or talent migration. However, it also fosters international connections that could indirectly benefit India’s global trade relations.The competing positions adopted by different countries-ranging from restrictive policies like Trump’s order on birthright citizenship to welcoming initiatives like golden visas-signify evolving attitudes toward immigration based on geopolitical priorities.

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