Get All Access for $5/mo

India Leads Surge in Investment Migration: Henley Global Citizens Report India ranks 4th in terms of privately-held wealth countries in the world

By S Shanthi

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


The Henley Global Citizens Report, released today, has revealed that the nationalities showing the greatest appetite for investment migration — whereby wealthy investors acquire alternative residence or additional citizenship in exchange for making a substantial contribution to the host country — are India, the US, and the UK. The past two years have seen three Cs driving wealth and investment migration: Covid, climate change, and cryptocurrency. In 2022, a fourth C has abruptly emerged: conflict in Europe.

The report, which features exclusive data from New World Wealth, also said that India ranks 4th in terms of privately-held wealth countries in the world after the US, China, and Japan. Further, Indian nationals topped the charts for enquiries received by the firm in 2021 by a significant margin, with a growth of 54 per cent compared to 2020 — a year which itself saw a 63 per cent rise in the interest shown by Indian investors. US citizens were next in line, with Henley & Partners receiving 26 per cent more enquiries in 2021 after astonishing growth of 208 per cent in 2020. Enquiries by Brits and South Africans shot up by 110 per cent and 38 per cent, respectively, in 2021.

"India's 4th-place ranking and total wealth of $ 8.9 trillion is also notable as it places the country ahead of major economies such as Germany and the UK. India has been steadily moving up the W10 over the past decade and it is expected to overtake Japan before 2040. In 2022, we are seeing very similar trends, with early signs of exceeding last year's stellar overall growth. The combination of W10 countries and developing economies that make up our Top 10 reflects the universal appeal of investment migration for affluent families," said Dominic Volek, Group Head of Private Clients at Henley & Partners.

He also added that it's no coincidence that each of the W10 countries has legislation in place granting residence rights to foreign investors — and five host formal investment migration programs. "These countries are important investment migration markets in terms of both supply, thanks to their attractive and successful programs, and demand, due to their significant and growing populations of affluent investors," he said.

Nirbhay Handa, Group Head of Business Development at Henley & Partners and Head of the firm's Global South Asia team added, "Investment migration continues to surge in South Asia, with the concept rapidly gaining greater public acceptance. A growing number of ultra‐high- and high‐net‐worth investors focused on futureproofing themselves and their families are increasingly seeking out alternative residence and citizenship options. Henley & Partners saw a 52% increase in client enquiries in 2021 compared to 2020 across South Asia, and 2022 looks to be another year of significant growth."

S Shanthi

Former Senior Assistant Editor

Shanthi specializes in writing sector-specific trends, interviews and startup profiles. She has worked as a feature writer for over a decade in several print and digital media companies. 


Growth Strategies

AMD Confident About Increasing Market Share In India

The semiconductor company is positive about the business environment in India on the back of growing investments in data centers and AI, Cloud repatriation, as well as technology refresh taking place across companies on both server side and client devices


ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Science & Technology

How Can Marketers Use ChatGPT? Here Are the Top 11 Uses.

With the recent developments in AI and the popularity of ChatGPT, you may want to integrate AI into your marketing practices. Find out how.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

News and Trends

Apple Dethrones Nvidia to Regain Its Position as World's Second Most Valuable Company

Apple has reclaimed its spot as the second most valuable company in the world, overtaking Nvidia, with a market cap of $3.26 trillion.