మాతృభూమికి భారతీయ సూపర్-రిచ్ వీడ్కోలు || India’s super-rich goodbye to Motherland ||

#profknageshwar #ProfkNageshwaranalysis #mlcnageshwar మాతృభూమికి భారతీయ సూపర్-రిచ్ వీడ్కోలు || India’s super-rich goodbye to Motherland || Indians surrendering passports and renouncing citizenship to settle abroad: Data There has been a growing interest among Indians in renouncing citizenship to settle abroad. According to the Ministry of External Affairs (MEA), 1.75 million (1075000) Indians voluntarily surrendered their passports between 2011 and June 2023. From Antigua & Barbuda, Brazil, Iceland, and the Vatican to the US, UK, France, and Germany, Indians have given up citizenship to immigrate to about 135 countries worldwide. Currently, India does not have a dual citizenship policy. Dual Citizenship is not permitted as per the provisions of Article 9 of the Constitution of India read with Section 9 of the Citizenship Act, 1955. As per the 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 (till June, 2023) For reference purposes, 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 in 2019, 1,44,017 Indians renounced their citizenship while the number grew to a record high in 2022 and till June 2023, nearly 87,026 had surrendered their Indian passport. https://www.financialexpress.com/busi...