Indians looking at properties in countries that grant them residency

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According to law firms, preferred countries are New Zealand, the Caribbean Islands and Portugal, Malta, Spain, Cyprus and Greece.

Synopsis

Given that in some countries investment limits are as low as Rs 2.5 crore, it’s not just the HNIs and ultra-HNIs who are eager to invest but also upper middle class families looking for a lifestyle upgrade.

New Delhi: Indians are increasingly looking to buy properties in countries that grant them residency or citizenship in lieu of investments, say law firms and international property consultants that have recorded a spike in such queries during the Covid-19 pandemic. Given that in some countries investment limits are as low as Rs 2.5 crore, it’s not just the HNIs and ultra-HNIs who are eager to invest but also upper middle class families looking

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