Bigger India

Post-Choksi, Wealthy Indians Rush to Buy New Passport

Interest among wealthy Indians in schemes that offer citizenship or residence rights in return for investment has soared ever since billionaire jeweller Mehul Choksi bought citizenship in Antigua

Rich Chinese and Russians have been among the top buyers of foreign citizenship in recent years, but ever since billionaire jeweller Mehul ChoksiNSE 0.00 % bought citizenship in Antigua, in November 2017, interest among wealthy Indians in schemes that offer citizenship or residence rights in return for investment has soared.

 

Read it at Economic Times

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