1. Why Immigration by investment should be part of Financial advisory?
Speaker:
Adv. Prashant Ajmera
B.Sc. LL.B. ( India) ICSA (UK) @

2. Why Immigration by investment should be part of Financial advisory?
Today’s Master Class
(a) Economic Liberalization, rise of HNI & LRS
(b) Out Bound remittance and trends
(c) Indian migration history, present trend and future trend for Immigration by Investment
(d) New Opportunity for Financial advisors

3. Economic Liberalization in India
Period – 1947 to 1993 – Pre Liberalization
Period – – Inbound Investments
Period 2007 – Present- Inbound & Out-Bound Inv
Currency Restrictions – RBI - FEMA
1988 – $500 US per foreign trip
2019 – $250,000 US per person / per year
2007 – HNIs in India 152 ,000
2015 – HNIs in India 236,000
2018 – HNIs in India 430,000
2023 – HNIs in India 860,000

4. Out Bound Investment
Investment made Out side India - US$ Millions
– 72.8 millions
– 440
– 808
– 983
– 1153
– 1001
– 1206
– 1093
– 1325
– 4642
– 8107
– 11333
– 13876
Investment in
Deposits
Property – 89.6
Debt / equity
Gift –
Donations - 8.5
Travel
Close Relative –
Medical
Study
Others –
China :
$ 158 B –Financial
$ 120 B-Non Fin.

5. student loan repayments and credit card payments.
Out Bound Investment
Remittance made Out side India - US$ Millions
Outward Remittances under the Liberalized Remittance Scheme (LRS) for Resident Individuals IN US$
Item
1 Outward Remittances under the LRS
1,206.4
1,093.9
1,325.80
4,642.6
8,170.7
11,333.6
13,787.6
1.1 Deposit
20.1
31.6
51.4
109.9
283.8
414.9
455.9
1.2 Purchase of immovable property
77.7
58.7
45.5
90.8
92.9
89.6
84.5
1.3 Investment in equity/debt
236.9
165.5
195.5
317.9
443.6
441.8
422.9
1.4 Gift
261.6
267.1
403.5
533.0
749.5
1,169.7
1,370.2
1.5 Donations
4.5
2.0
3.2
3.9
8.8
8.5
8.7
1.6 Travel
44.8
15.9 11
651.4
2,568.0
4,022.1
4,803.8
1.7 Maintenance of close relatives
226.6
173.9
174.4
1,372.1
2,169.5
2,937.4
2,800.9
1.8 Medical Treatment
4.9
4.7
7.2
17.2
17.3
27.5
28.6
1.9 Studies Abroad
124.7
159.3
277.1
1,200.0
1,536.4
2,021.4
3,569.9
1.10 Others
204.1
215.3
157.1
346.4
300.8
200.6
242.2
Note : 1.10: Include items such as subscription to journals, maintenance of investment abroad,
student loan repayments and credit card payments.

6. Indian HNI – Life style change
Before 2007 ….
After 2007
Home
2 Wheeler or 1 car
Investment – India
Holiday in India
Children Education – India and only Master abroad
2nd Home – India
Wedding – India Destination
Business -National& Inbound
Home + Decorated
Two Four wheelers
Investment - International
Holiday –International
Children education – after 12th abroad
2nd Home – International
Wedding – Inter. Destination
Business Global & outbound

7. Indian Migration History
Migration to Africa and North America - before and after II World War mostly for work
– For higher studies in USA, UK and Europe
Large migration of workers to UAE & other Gulf countries in early 70’s
Migration Act of 1984
Canada immigration and immigration programs of other countries become stricter. Introduction of IELTS
2008 onwards - Huge rise in student visa consultants
Immigration consultants – Not regulated and hence frauds are wide spread - More than 5000
Study Abroad and settled abroad become a way

8. Sudden rise in EB-5 from India?

9. Present Options for settling abroad
HNI kids and Study Abroad
Study in India - -
12th
3 years Bachelor
4 years bachelor
Master
Abroad study
1-2 years college
None
Cost of Study
15,000 $ per year
None + 3 ys Exp
4 Univeristy
2 years University
Master Degree
100,000 $
50,000 $
30000 $
7,000 $
Cost
Most expensive
Expensive
Reasonable
Most economical
Immigration
USA
15 years
12 years
10 years
Canada
7-8 years
5-6 years
70%
100%
No one is looking at Residency and Citizenship by Investment a long term plan

10. Immigration By Investment
Non-Immigrant Visas
Immigrant Visas
(1) Tourist visa
(2) Student visa
(3) Work Permit
Family sponsorship
Refugees & H & C Grounds
Economic migration
Professionals
Business Immigration
Investment based –
Passive: Project, Bond, Real estate
Entrepreneur – Active in a business: New, Purchased or Joint Venture
Start-Up – Active business

11. Immigration By Investment
Swiss Knife
Multi Tool

12. Immigration By Investment
Residency & Citizenship by
Investment

13. Opportunities Ahead … 1. Indian HNIs want children to study abroad
Early planning can save 80% in tuition fees and many other benefits
2. International Properties
London is new Lonawala &
Madrid is new Mahableshwar
3. Businessmen – Exporter and his advantage

14. Challenges Ahead … Professionals do not take interest
Limited and basic advice from immigration consultants and visa agents
HNIs perception – Migration is for the economically deprived
Misconception - Student visa is the only way to settle abroad
Lack of knowledge and trust
No professionals with real expertise and know-how
USA visa rules become the general applicability

15. Countries which offer Immigration By Investment
Residency to Citizenship:
USA, Canada, UK, Australia, New Zealand
Direct Citizenship:
Caribbean Islands –> St. Kitts & Nevis, St. Lucia, Antigua & Barbuda, Grenada, Dominica
Residency: Europe
Portugal, Spain, Malta, Cyprus, Greece, Bulgaria
Citizenship: Europe
Cyprus, Malta, Bulgaria, Moldova

16. Where Millionaires Are Moving?
CNBC -Here are the places where millionaires are moving
HUFFPOST - Thousands of millionaires are moving to THIS Country — and leaving another
CNN Money - Where millionaires are moving: Australia tops the list
Times of India - Countries where the world’s millionaires want to move to
Investopedia - Where Millionaires Are Moving (and Why)

17. Where Millionaires Are Moving?

18. Millionaires On The Move
Thank you for your time Q & A