Are you an Indian citizen considering migrating for better opportunities or a lifestyle upgrade? Luckily, we have compiled a list of the best countries to migrate to from India! We cover migration policies, cost of living, job and educational opportunities, healthcare systems, and the cultural differences you can expect in each country.
Whether you’re attracted to the robust economy of the UAE, the prosperous life in Malta, the diverse opportunities in the United States, or the welcoming diaspora in Canada, we’re here to help you make an informed decision. Arm yourself with the knowledge you need to embark on this life-changing journey and find your perfect overseas home.
The 10 Best Countries to Migrate to From India
1. Malta
Visa and Immigration Policies
Malta offers a range of visa options for Indian migrants, including work visas and family reunification visas, and the Malta Permanent Residence Program (MPRP) which is particularly attractive to investors and entrepreneurs.
Malta’s Citizenship by Investment Program is also available, providing lifetime citizenship that can be passed on to future generations. The processing time for Indian investors is typically between 8 to 12 months, making it a swift and efficient immigration pathway. Investors can gain Malta Citizenship by Investment through various contributions.
They can make a non-refundable exceptional direct investment of 54,283,200 rupees (€600,000) after maintaining residency status for 36 months or 67,854,000 rupees (€750,000) after at least 12 months of residency. Additionally, they must purchase a residential property worth at least 63,330,400 rupees (€700,000) or rent a property for a minimum annual rent of 1,447,552 rupees (€16,000), to be maintained for at least five years. Furthermore, a minimum donation of 904,720 rupees (€10,000) to a registered philanthropic, cultural, sport, scientific, animal welfare, or artistic NGO or society is required. This investment expedites the process of obtaining Schengen residency, granting visa-free access to 184 destinations, including the US, Canada, and the UK.
Alternatively, to join Malta’s Residency by Investment Program, applicants must either rent a property for at least 904,720 rupees (€10,000) annually in the South of Malta/Gozo or 1,085,664 rupees (€12,000) in other areas or buy a property valued at a minimum of 27,141,600 rupees (€300,000) in the South of Malta/Gozo or 31,665,200 rupees (€350,000) elsewhere in Malta. They must hold this property for at least five years and maintain a residential address thereafter. Additionally, a donation of 180,944 rupees (€2,000) to a registered NGO in Malta is required.
Cost of Living
Malta’s cost of living is moderate compared to other European countries. A single person can budget 82419 rupees (€911) for monthly expenses, which includes rent, groceries, utilities, transportation, entertainment, and healthcare. However, if you own a house and don’t have to pay rent, monthly living expenses go down to 35,826 rupees (€396).
Cultural Adaptation
English as an official language and the presence of an Indian community in Malta aid in cultural adaptation and integration for Indian migrants. Furthermore, Malta’s rich cultural tapestry, with its Mediterranean influences and historical ties to Europe and North Africa, presents a unique cultural milieu welcoming to Indians. This blend of cultures, along with the existing Indian community, facilitates a smoother transition for Indian migrants, fostering a sense of familiarity amidst new cultural experiences. As of July 2023, there were 13,158 Indian nationals registered as working in Malta.
Employment Opportunities
Malta’s dynamic job market is thriving, particularly in sectors such as technology, gaming, and finance. These industries are at the forefront of Malta’s economic expansion, attracting global companies and startups alike. The technology sector is rapidly growing, offering numerous opportunities for IT professionals and software developers. Similarly, Malta’s status as a gaming and gambling hub provides numerous roles in game development and digital entertainment. Finance remains a cornerstone industry with jobs in banking, fintech, and related services. For ex-pats moving to Malta, these sectors not only promise substantial employment opportunities but also a chance to engage in innovative and expanding markets.
Quality of Life
Malta boasts a high quality of life, with a safe environment, pleasant climate, and rich cultural heritage. The island is known for its welcoming attitude towards expatriates and a lifestyle that balances work and leisure.
Healthcare System
The healthcare system in Malta is robust and accessible, offering high-quality medical services. Expats who gain Maltese citizenship, enjoy full access to Malta’s public healthcare system just like native citizens. This access is provided through taxation and national insurance, allowing them to use public hospitals and clinics without additional private health insurance.
In contrast, expat residents, even those participating in various residence schemes, generally need to either contribute to the social security system or maintain private health insurance to access healthcare services. When gaining initial residency status, the residency program will require proof of health insurance as part of the application process.
Education System
Expats in Malta generally have access to free public education for their children if they meet certain residency requirements. For expats who hold a residence permit, their children are entitled to the same access to educational facilities as Maltese nationals. This includes free attendance at state schools, where the curriculum is mainly taught in Maltese and English.
Taxes
Malta provides several tax benefits. No inheritance, estate duty, wealth, municipality, or real estate taxes exist. Personal income is taxed from 15-35%. See the full tax table below:
Single Tax Rates
Taxable Income (€)​ | Tax on Excess | Subtract |
0 – 9,100 | 0% | 0 |
9,100- 14,500 | 15% | 1,365 |
14,501 – 19,500 | 25% | 2,815 |
19,500- 60,000 | 25% | 2,725 |
60,001+ | 35% | 8,725 |
Married Tax Rates
Taxable Income (€)​ | Tax on Excess | Subtract |
0 – 12,700 | 0% | 0 |
12,701 – 21,200 | 15% | 1,905 |
21,201 – 28,700 | 25% | 4,025 |
28,701- 60,000 | 25% | 3,905 |
60,001+ | 35% | 9,905 |
Parent Tax Rates
Taxable Income (€)​ | Tax on Excess | Subtract |
0 – 10,500 | 0% | 0 |
10,501 – 15,800 | 15% | 1,575 |
15,801 – 21,200 | 25% | 3,155 |
21,201 – 60,000 | 25% | 3,050 |
60,001+ | 35% | 9,050 |
How Subtraction Works
Subtraction values are subtracted from the tax calculated for each bracket, ensuring smoother transitions when incomes slightly exceed these thresholds. This method prevents abrupt increases in tax dues and effectively reduces the actual tax payable, making the tax burden proportional to the taxpayer’s financial capacity.
Corporate Taxes
Companies in Malta face a corporate tax rate of 35% on their global income and capital gains. After dividends are distributed, shareholders may receive a partial or full refund of the tax the company has already paid at this standard rate.
2. Turkey
Visa and Immigration Policies
Turkey offers various visa options for Indians, including tourist, student, and work visas. There are also programs for investors, such as Turkey’s Citizenship by Investment Program, which offers lifelong citizenship that future generations can inherit. This program offers various investment routes to suit different preferences, with investment options starting at 20,824,337 rupees (USD 250,000) for real estate purchases, with other routes including fixed capital contributions, bank deposits, government bond investments, or investing in venture funds, each requiring a minimum of 41,648,675 rupees (USD 500,000). Alternatively, creating employment for at least 50 people is another pathway. All investments must be held for a period of 3 years. Turkish citizenship grants visa-free or visa-on-arrival access to over 110 countries, including the potential for EU travel.
Cost of Living
Turkey’s cost of living is notably lower than in many Western countries, making it appealing to those seeking a cost-effective lifestyle. Living expenses, including housing, groceries, and utilities, are substantially lower compared to Western Europe or North America. This affordability extends to healthcare and entertainment, providing a lower cost of living without compromising quality of life. In Istanbul, a family of four can expect monthly expenses of around 208,243 rupees (USD 2,500), excluding rent, while a single person’s costs are approximately 58308 rupees (USD 700), excluding rent. Cities like Ankara and Izmir are more affordable.
Cultural Adaptation
Turkey’s diverse cultural heritage provides a rich experience for Indian migrants. The presence of expatriate communities and growing familiarity with English help ease the transition. There are currently around 300 Indian expats in Turkey.
Employment Opportunities
Turkey presents diverse business opportunities, especially in key sectors like agriculture, textiles, tourism, construction, automotive, and real estate. Its strategic location offers unique access to European, Asian, and Middle Eastern markets, making it an ideal hub for international trade and export.
Turkey’s growing technology sector and startup culture, particularly in urban centers, offer promising avenues for innovation and digital enterprise. With a business-friendly environment and a focus on economic diversification, Turkey represents a dynamic and advantageous landscape for investors and entrepreneurs. English-speaking professionals can find roles in multinational companies and educational institutions.
Quality of Life
Turkey enriches residents’ lives with its unique blend of modern amenities and deep cultural heritage. The nation’s varied landscape includes everything from stunning coastlines and vibrant cities to serene countryside, enhancing the living experience. Residents have access to a wide range of activities—enjoying everything from leisure and outdoor pursuits to vibrant cultural festivals and diverse culinary delights. The pleasant Mediterranean climate further enhances the lifestyle, making Turkey a delightful place to live.
Healthcare System
Turkey’s healthcare system offers a mix of public and private healthcare services, known for their accessibility and quality. The country has invested significantly in its healthcare infrastructure, resulting in modern medical facilities and highly skilled healthcare professionals.
In Turkey, expats must either have private health insurance or contribute to the Turkish Social Security System (SGK) to access public healthcare. Expats with SGK coverage enjoy similar healthcare benefits as Turkish citizens, including reduced-cost or free services. Those not registered with SGK typically rely on private health insurance for their medical needs.
Education System
Turkey’s education system is comprehensive and structured, starting from primary education through to higher education. It includes public and private institutions, with public education being free. Turkish universities are increasingly recognized for their quality education, with several ranking well internationally. The country also offers various international schools and universities, providing education in different languages, which is particularly appealing to expatriate families.
Taxes
Turkey’s taxation system benefits property investors by offering low property taxes. The country has a double taxation agreement with India, benefiting Indians living in Turkey. Personal income is taxed from 15-40%. See the full tax table below:
Personal Income Tax
Turkey imposes a progressive income tax on residents, who are taxed on their worldwide income, and non-residents, who are taxed only on Turkish-sourced income. Tax residents are defined as individuals residing in Turkey for more than six months per calendar year.
​Taxable Income (TRY)​ | Tax on Excess (%) ​ |
0 – 70,000 | 15% |
70,000 – 150,000 | 20% |
150,000 – 550,000 | 27% |
550,000 – 1,900,000 | 35% |
1,900,000+ | 40% |
Corporate Tax Rates
The standard corporate income tax rate in Turkey is 25%. Financial sector companies such as banks and insurance firms are subject to a higher rate of 30%. Exporters enjoy a 5% tax reduction on export income.
Property Tax Rates
Residential properties are taxed at 0.1% of their assessed value, which doubles to 0.2% in large urban areas. Commercial properties are taxed at 0.2%, increasing to 0.4% in major cities. Agricultural land is taxed at 0.2%, with the rate doubling in metropolitan regions, while undeveloped land incurs a tax of 0.3%, rising to 0.6% in big cities.
Capital Gains Tax
Capital gains from the sale of assets such as real estate or shares are taxed between 15% and 40%. A tax reduction is applied by indexing capital gains to the Local Producer Price Index. The first TRY 55,000 of capital gains from most assets is exempt, and assets held for more than five years are exempt from capital gains tax.
Inheritance Taxes
Inheritance tax rates range from 1% to 30%, depending on the relationship between the deceased and the heir and the value of the inheritance. These taxes apply to both domestic and worldwide assets.
Free Zone Tax Law
Turkey’s 18 economic Free Zones offer numerous tax advantages, including complete exemptions from customs duties, corporate income tax for manufacturing companies, VAT, stamp duty, and real estate tax on transactions within the zones. Companies that export goods produced in the Free Zones are exempt from income tax on the salaries of employees, given that these exports constitute at least 85% of the goods’ FOB value.
3. Antigua and Barbuda
Visa and Immigration Policies
Antigua and Barbuda’s Citizenship by Investment Program provides several investment options to gain citizenship. Individuals can make a non-refundable contribution starting at 8337195 rupees (USD 100,000) or opt for a family application at 10,421,493 rupees (USD 125,000) for a family of five or more. Additional investment avenues include purchasing real estate with a minimum value of 16674390 rupees (USD 200,000), investing 33,348,780 rupees (USD 400,000) in approved business ventures, or contributing 12,505,792 rupees (USD 150,000) to the University of the West Indies (UWI) Fund, which is suitable for families of six or more. This UWI option includes a one-year, tuition-only scholarship for one family member. This program offers citizenship with the benefit of visa-free travel to over 150 countries, making it an attractive option compared to other Citizenship by Investment Programs.
Cost of Living
The cost of living in Antigua and Barbuda is higher than in many other countries, especially in regions that are not major tourist destinations. This increase in living expenses is largely attributed to the islands’ focus on luxury resorts and services, which drives up the costs of daily necessities, housing, and particularly imported goods.
For a single person living in a less expensive part of Antigua and Barbuda, the total estimated monthly living expenses including rent, utilities, groceries, transportation, and entertainment would range from approximately 114,367 rupees (USD1,373) to 140,189 rupees (USD 1,683). However, if you own a property and do not pay rent, this figure reduces to around 52,727 rupees (USD 633) to 56,892 rupees (USD 683) monthly.
Cultural Adaptation
With its English-speaking population and a small but growing Indian community, adapting to the local culture is facilitated. However, the lifestyle is distinctly Caribbean with a laid-back, community-oriented ethos.
Employment Opportunities
In Antigua and Barbuda, the tourism industry is the primary source of employment, offering a wide range of job opportunities, from hotel and resort management to tour operations and hospitality services. The real estate sector is also expanding, with property development, sales, and management opportunities. Additionally, the growth in business services, catering to both the local population and tourists, opens up avenues in areas like retail, financial services, and digital enterprises. These sectors continually evolve, offering diverse career paths for locals and expatriates.
Quality of Life
Antigua and Barbuda offer a high quality of life characterized by their stunning natural scenery, with pristine beaches and clear waters, ideal for relaxation and water activities. The tranquility of the islands, combined with luxurious resorts and a friendly local community, creates a peaceful, upscale living environment. This setting is perfect for those seeking a serene lifestyle in a beautiful tropical setting.
Healthcare System
In Antigua and Barbuda, expat citizens have access to public healthcare services, which are free at the point of delivery for all citizens, including those who have obtained citizenship through investment programs. This means that once you are a citizen, regardless of how that citizenship was acquired, you are entitled to the same healthcare benefits as native citizens.
For expat residents who are not citizens, the situation is different. While they can access public healthcare services, they are typically required to pay for these services either directly or through health insurance. It’s recommended for non-citizen residents to have private health insurance to cover medical costs, as the public healthcare system may offer limited services and sometimes long wait times for certain treatments.
Education System
In Antigua and Barbuda, both expat residents and citizens have access to free education. The education system in the country is comprehensive and includes a variety of academic and vocational streams in public schools that are free of charge. This includes access to primary and secondary education that prepares students for higher education or vocational careers, depending on their stream of study. The education system is funded and regulated by the government, ensuring that it is accessible to all residents, including expats, without any tuition fees for public schools.
Taxes
Antigua and Barbuda offers a tax-friendly environment with no personal income tax on either local or worldwide income for residents. This exemption applies to all residing in the country for more than 183 days per year, thereby qualifying as tax residents. Additionally, the nation does not impose capital gains, inheritance, or estate taxes, enhancing its appeal as a tax haven.
Non-residents must be aware of the 25% withholding tax on any locally sourced income, though they are not taxed on worldwide income. However, foreign tax relief is available under certain conditions, such as taxes already paid in a fellow British Commonwealth country or a country with which Antigua and Barbuda have a tax treaty.
Corporate Tax Rates
Taxable Income ​ | Tax on Excess |
Resident Companies- Worldwide income | 25% |
Non-resident Companies – Only Income Sourced Within Antigua and Barbuda | 25% |
International Business Corporations (IBCs) enjoy further benefits, including potential exemptions from corporate tax for a specified period, underlining the country’s commitment to fostering a business-friendly environment.
4. Saint Kitts and Nevis
Visa and Immigration Policies
Saint Kitts and Nevis provides an attractive Citizenship by Investment Program, designed for Indian investors looking to acquire global mobility and citizenship benefits. Investors have the option to contribute a non-refundable amount to the Sustainable Growth Fund starting at INR 1,16,55,000 (USD 150,000) or to invest in real estate with a minimum value of INR 1,55,40,000 (USD 200,000), which must be retained for at least seven years. This program is known for its efficiency in processing and grants citizenship that allows visa-free access to more than 150 countries, including the Schengen area, the UK, and Russia.
Cost of Living
Living costs in Saint Kitts and Nevis are relatively moderate. The islands are known for their luxury lifestyle options, primarily driven by the tourism sector, yet day-to-day expenses can be managed effectively. A single person’s monthly costs, excluding rent, average around INR 55,500 (USD 500). Property owners enjoy significantly reduced living expenses, enhancing the financial appeal of residing in the islands long-term.
Cultural Adaptation
The islands of Saint Kitts and Nevis feature a small, friendly community where English is the primary language, facilitating easy communication for Indian expatriates. The local culture, influenced by Caribbean and British traditions, promotes a relaxed and community-focused lifestyle, making it easy for newcomers to integrate and feel at home.
Employment Opportunities
The key economic sectors in Saint Kitts and Nevis include tourism, real estate, and financial services. Additionally, emerging sectors like information technology and renewable energy are beginning to flourish, attracting global businesses and offering new professional opportunities. For Indians, the financial services industry offers various career possibilities, supported by the islands’ status as an offshore financial center.
Quality of Life
Saint Kitts and Nevis are celebrated for their stunning natural beauty, from tranquil beaches to lush landscapes, offering a serene setting ideal for relaxation. The islands boast a high quality of life with modern amenities melded with natural splendor, providing residents with a peaceful environment that nurtures both leisure and lifestyle satisfaction.
Healthcare System
The healthcare infrastructure in Saint Kitts and Nevis is equipped to provide essential medical services, and public healthcare is accessible to all citizens, including those who have gained citizenship through investment. Expatriates and non-citizen residents often choose private health insurance to ensure access to a broader range of healthcare services, including specialized treatments not widely available on the islands.
Education System
Education in Saint Kitts and Nevis is comprehensive and publicly funded, offering free schooling from preschool through secondary education. The education system is accessible to all residents, ensuring that children of expatriates and citizens alike receive quality educational foundations. For higher education, many students travel abroad, as local options are limited.
Taxes
The tax regime in Saint Kitts and Nevis is highly favorable, with no personal income tax, no capital gains tax, and no inheritance tax. This setup is particularly advantageous for Indians looking to maximize their financial efficiency and wealth preservation.
Corporate Taxes
Businesses operating in Saint Kitts and Nevis benefit from a tax-friendly environment, with no corporate income tax imposed on companies. This policy aims to attract foreign investment and stimulate economic development, making Saint Kitts and Nevis an appealing location for establishing and growing business ventures with an international scope.
5. Grenada
Visa and Immigration Policies
Grenada offers Citizenship by Investment, which requires individual investors to make a non-refundable investment of a minimum of USD 150,000 or a family of 4 to invest USD 200,000 in the government fund the National Transformation Fund (NTF). Alternatively, investors may invest at least USD 220,000 in real estate projects like hotels, villas, or resorts, or buy a property valued at a minimum of USD 350,000 and retain it for five years. This Citizenship by Investment Program provides a quick pathway to a second passport and includes benefits like visa-free travel to numerous countries.
Grenada offers a relatively affordable cost of living compared to many Western countries. For a single person living in a non-expensive part of Grenada, the estimated monthly cost of living, including rent, groceries, utilities, transportation, entertainment, and healthcare is 67,609 rupees (USD 814). However, if you own property in Grenada and aren’t paying rent, the monthly cost of living comes down to 36,878 rupees (USD 444).
Cultural Adaptation
Grenada’s welcoming community and English-speaking environment create a smooth cultural adaptation experience for expatriates. The local population is known for its friendliness and inclusivity, making newcomers feel welcomed and valued. This environment fosters a sense of belonging, helping expatriates settle comfortably into their new life on the island and build meaningful connections within the community.
Employment Opportunities
Grenada’s expanding tourism sector provides various career opportunities, making it attractive to career-focused individuals and entrepreneurs. This growth has led to job openings in many fields, including hospitality, hotel management, culinary arts, and tour operations. Additionally, the agriculture sector offers roles in farming and agribusiness. These diverse employment prospects cater to various skills and professions, highlighting Grenada as a promising destination for those seeking career advancement and business ventures.
Quality of Life
Grenada’s serene landscapes and pristine beaches contribute to a peaceful and relaxed lifestyle, making it an attractive destination for those seeking a tranquil environment.
Healthcare System
In Grenada, both expat citizens and residents have access to the public healthcare system, which is funded through general taxation. This system offers basic medical services and is supported by both government initiatives and international grants aimed at improving healthcare coverage and infrastructure. Private healthcare facilities also exist, providing more specialized services, which might be preferred by those seeking faster or more comprehensive medical treatments.
Education System
Grenada offers a range of local and international schools, ensuring access to quality education options for residents and expatriate families. The government funds public education for both expat citizens and residents, allowing children to attend primary and secondary school at minimal or no cost. However, International schools are typically private institutions that will incur a fee. They are established to serve expatriate communities and often offer international curricula, such as the International Baccalaureate, British, or American systems, which differ from Grenada’s national education system.
Taxes
Grenada offers significant tax advantages, such as no foreign income tax and no wealth, gift, inheritance, or capital gains tax for both residents and non-residents.
Personal Income Tax Rates
Taxable Income (XCD)​ | Tax on Excess |
0 – 36,000 | 0% |
36,000 – 60,000 | 15% |
60,000+ | 30% |
Corporate Tax Rates
Taxable Income on Net Profits (XCD)​ | Tax on Excess |
0 – 60,000 | 0% |
60,000+ | 30% |
In Grenada, a withholding tax rate of 15% applies to certain types of payments made to both residents and non-residents. These payments include salaries, interest (not including bank deposits), discounts, lease premiums, rent, license charges, royalties, commissions, fees, and management of charges.
6. Australia
Visa and Immigration Policies
Australia offers a variety of visa options tailored to different needs, including skilled worker visas, family reunification visas, and investor visas. The Skilled Independent Visa (subclass 189) is especially popular among Indians, as it allows individuals with specific skills to migrate without a job offer based on a points system that considers age, education, and English language proficiency. Additionally, the Business Innovation and Investment Visa (subclass 188) provides pathways for entrepreneurs and investors looking to start a business or invest in Australia, offering potential routes to permanent residency.
Cost of Living
While Australia is known for its high standard of living, the cost of living can be relatively high compared to other countries. Major cities like Sydney and Melbourne are particularly expensive with regard to housing, utilities, and transportation. However, the quality of life and comprehensive social services often justify these costs. For a single person, monthly expenses excluding rent can average around 87,302 rupees (AUD 1,500), while a family of four might expect to spend about 261,907 rupees (AUD 4,500) excluding rent.
Cultural Adaptation
Australia is highly multicultural, which facilitates a relatively easy cultural adaptation for Indian migrants. English is the primary language, reducing the language barrier significantly. Additionally, the strong presence of various communities including a significant Indian diaspora provides a network of cultural and social support.
Employment Opportunities
Australia’s economy is diverse, with key sectors including mining, education, healthcare, technology, and finance. The country’s emphasis on skilled migration allows Indians with expertise in these areas to find promising job opportunities. Additionally, Australia’s tech and startup scenes are burgeoning, making it an attractive place for innovative entrepreneurs and IT professionals.
Quality of Life
Australia offers an enviable quality of life, known for its vibrant cities, extensive cultural activities, and an emphasis on work-life balance. The country also boasts a plethora of natural beauty, from beaches to bushlands, which supports a wide range of outdoor and leisure activities.
Healthcare System
The healthcare system in Australia is one of the best, providing both public and private healthcare options. The public system, Medicare, offers free or subsidized health services to residents, including expats who meet certain residency requirements. This comprehensive healthcare coverage ensures that medical services are accessible and affordable.
Education System
Australia’s education system is world-renowned, providing high-quality education from primary to tertiary levels. Public education is free for permanent residents and citizens, while a variety of private and international schools offer alternatives that follow different curricula. Additionally, Australian universities are consistently ranked among the best in the world, attracting international students, particularly in research-oriented and vocational educational programs.
Taxes
Australia has a progressive tax system with personal income taxes ranging from 19% to 45% as income increases. Corporate tax rates are competitive, with a standard rate of 30% for large businesses and a lower rate of 25% for small and medium enterprises. Capital gains are generally taxed at the same rate as personal income, but discounts can apply if assets are held for over a year.
Capital Gains Tax
Individuals are taxed on capital gains at their marginal tax rate, but a 50% discount is applied to gains on assets held for more than 12 months, which benefits long-term investments.
Inheritance Taxes
Australia does not levy inheritance taxes, which adds to its attractiveness for long-term family wealth planning.
Property Tax Rates
Property taxes in Australia vary by state and property value, generally calculated as a percentage of the property’s value assessed by local councils for the provision of local services.
7. Portugal
Visa and Immigration Policies
Portugal offers various visa options, including tourist, student, and work visas.
The Portuguese Residency by Investment Program offers an appealing opportunity for investors to secure residency by contributing at least 186,045,625 rupees (€250,000) towards artistic projects or the conservation and revitalization of Portugal’s cultural heritage. Alternatively, an investment of 297,672,500 rupees (€500,000) can be made in either public or private research institutions in Portugal or into Venture Capital/Private Equity Funds that focus on areas such as technology, agriculture, startups, and healthcare.
Moreover, investors can establish at least 10 new permanent roles in Portugal without a mandated investment minimum. Another option includes investing a minimum of 297,672,500 rupees (€500,000) to form a commercial entity in Portugal, concurrently creating 5 permanent jobs. After five years of residency, investors can apply for citizenship, which provides access to visa-free travel across the EU.
To qualify for the program, you must be 18 years of age, have the financial means, and maintain a clean criminal record. You’ll also need a Portuguese fiscal number and a bank account to start the application process. The Golden Visa lets investors and their immediate family live, work, and study in Portugal. The costs for the Portugal Golden Visa go beyond the investment itself and include government and legal fees, among others.
Cost of Living
Portugal offers a relatively low cost of living compared to other Western European countries. In cities like Lisbon and Porto, a family of four can expect to spend about 225,325 rupees (€2,500) per month excluding rent, while individual expenses average around 67,597 rupees (€750) per month excluding rent. Smaller cities and rural areas offer even lower living costs.
Cultural Adaptation
Portugal is known for its warm, welcoming culture and a large expat community, making it easier for newcomers to adapt. English is widely spoken in business and tourist areas, although learning Portuguese can enhance everyday interactions and integration.
Employment Opportunities
While Portugal’s job market is smaller than in larger European economies, there are growing opportunities in technology, renewable energy, tourism, and agriculture. The country’s startup scene is also vibrant, particularly in Lisbon and Porto.
Quality of Life
Portugal is celebrated for its mild climate, beautiful landscapes, and rich cultural heritage. Residents enjoy a high quality of life with access to excellent healthcare, education, and a wide range of leisure activities.
Healthcare System
The healthcare system in Portugal is a mix of public and private services. Public healthcare is accessible to all residents who contribute to the social security system, providing comprehensive coverage at a low cost. Private healthcare offers faster access and is generally affordable.
Education System
Education in Portugal is mandatory until the age of 18 and is well-regarded, especially in terms of higher education. There are numerous international schools, particularly in Lisbon and Porto, offering instruction primarily in English.
Taxes
Portugal has a progressive income tax system, with rates ranging from 14.5% to 48%. The Non-Habitual Resident regime offers reduced income tax rates for new residents on certain incomes for a period of ten years.
8. The UAE
Visa and Immigration Policies
The UAE’s Golden Visa program is a significant drawcard for Indians. It provides long-term residency visas to investors, entrepreneurs, and individuals with exceptional talents. This initiative is a testament to the UAE’s dedication to attracting and retaining individuals who can contribute to its economic development. For Indian entrepreneurs, they will need to purchase a property worth at least 45,682,312 rupees (USD 550,000 or AED 5 million). Additionally, the UAE introduced a Remote Working Visa, which allows digital nomads to live in the UAE while working remotely for organizations based outside the country. To be eligible for this visa, applicants must prove they have a steady monthly income of at least 290,705 rupees (USD 3,500).
Cost of Living
For a single person living in a non-expensive area of the UAE, the monthly cost of living including rent, groceries, utilities, transportation, healthcare, and entertainment is between 118,154 rupees (AED 5,225 or USD 1422) to 319,074 rupees (AED 14,110 or USD 3841). However, if you have already purchased a property and don’t pay monthly rent, your monthly cost of living will be between 45,452 rupees (AED 2010 or USD 547) and 216,617 rupees (AED 9580 or USD 2608).
Cultural Adaptation
The United Arab Emirates (UAE) is a great choice for Indian expatriates, as there is already a thriving Indian community. This rich multicultural setting fosters easy cultural integration and enhances the UAE’s appeal, offering a blend of cultural familiarity and new experiences in a vibrant, economically prosperous environment.
Employment Opportunities
The UAE’s tax-free salary is a significant drawcard. The UAE’s strategic location, robust infrastructure, and business-friendly policies make it an ideal hub for various industries, including finance, engineering, and IT. Whether you’re an entrepreneur launching a new venture or a professional seeking career progression, the UAE provides numerous opportunities. The country’s economic stability also offers a sense of security for Indian citizens contemplating a long-term move.
Quality of Life
The quality of life in the UAE is marked by a blend of modernity and tradition, offering residents a luxurious lifestyle with state-of-the-art amenities. The country’s strong focus on safety and security and its cosmopolitan cities and cultural diversity create a unique living environment. Additionally, the UAE’s commitment to innovation and development in sectors like education, healthcare, and infrastructure further enhances the overall living experience for its diverse population.
Healthcare System
The healthcare system in the UAE is advanced and well-equipped, offering a high standard of medical care. Expat residents in the UAE generally do not have access to free healthcare. While public healthcare services are available, they typically require residents to have health insurance coverage. The UAE mandates that all residents, including expatriates, must have health insurance, which is often provided by the employer or must be arranged independently if self-employed or if the employer does not provide it. Public healthcare services may offer lower costs compared to private ones, but they are not free, and expats often opt for private healthcare to bypass potential long waiting times and to access a broader range of services and English-speaking doctors.
Education System
In the UAE, education for expat residents is typically not free. Most expatriates choose private international schools for their children, which offer various international curricula but come with tuition fees. The government schools in the UAE are free for Emirati citizens and charge fees for expatriates. These schools usually teach in Arabic and follow the national curriculum, which might not be suitable for all expatriate children due to language and curriculum differences. As a result, the cost of schooling can be a significant consideration for expat families living in the UAE. On average, international school fees range from 287,709 rupees (AED 12,723 or USD 3464) to 1,449,356 rupees (AED 64,093 or USD 17,449) per year. This amount does not include additional costs such as admission fees, transportation, uniforms, and books, which can significantly increase the overall cost of education.
Taxes
One of the biggest tax benefits in the UAE is the absence of personal income tax, making it highly attractive for high-earning professionals. There is also no capital gains, wealth, or inheritance tax.
Corporate Tax Rates
Taxable Income (AED)​ | Tax on Excess |
0 – 375,000 | 0% |
375,000+ | 9% |
9. Canada
Visa and Immigration Policies
Canada is known for its welcoming immigration policies, offering various pathways, including skilled worker programs, family sponsorship, and student visas. The Express Entry system is particularly popular among skilled professionals.
Canada’s immigration initiatives are designed to draw skilled workers globally. Indian nationals, with their proficiency in English, educational qualifications, and work experience, are well-positioned to qualify. The Federal Skilled Worker Program (FSWP) is one such initiative for skilled foreign workers and allows candidates with work experience and no Canadian ties to apply for permanent residence.
In addition to the FSWP, the Provincial Nominee Program (PNP) offers another avenue for Indian immigration aspirants. This initiative allows provinces and territories to nominate skilled worker candidates for immigration to their respective jurisdictions. For those with a connection to Quebec, the Quebec Skilled Worker Program presents a similar opportunity.
Cost of Living
In Canada, the cost of living in 2024 varies depending on the location and family size. For a family of four, the estimated monthly costs are about CAD 5,153.5 (USD 3,828.3) excluding rent, while a single person’s estimated monthly costs are around CAD 1,438.4 (USD 1,068.5) without rent.
The estimated monthly cost of living for one person in a non-expensive part of Canada, including rent, groceries, utilities, transportation, healthcare, and entertainment would be approximately 128,730 rupees (CAD 2,070). However, if you exclude rent from this price, the monthly cost of living for a single person would be 37,676 rupees (CAD 606).
Cultural Adaptation
The large Indian diaspora in cities like Toronto and Vancouver facilitates cultural integration and provides a sense of community. The cultural ties between India and Canada are robust, with over one million people of Indian descent now residing in Canada.
This number continues to grow yearly, with about 120,000 Indian citizens admitted as permanent residents annually.
This thriving Indian community can offer a sense of familiarity and belonging, facilitating your transition to a new country.
Employment Opportunities
Canada’s diverse economy offers numerous opportunities, especially in sectors like technology, healthcare, and engineering. The country values skilled immigrants and provides resources to help them integrate into the workforce.
Quality of Life
Canada is renowned for its high quality of life, with a focus on inclusivity, healthcare, and education which is available for all residents. Its multicultural society makes it easier for immigrants, including those from India, to adapt culturally.
Healthcare System
Canada’s healthcare system, renowned for its efficiency and public funding model, offers universal coverage to all citizens and permanent residents, providing a range of medical services at no direct cost. It operates on a provincial level and is known for its high standards of care, comprehensive coverage, and emphasis on preventive care. However, wait times for certain procedures can be a concern. Temporary residents, including expat residents on work or study permits, generally require private health insurance, as they are not typically covered under this system unless specific provincial criteria are met. This system underscores Canada’s commitment to public welfare and quality of life.
Education System
In Canada, education is publicly funded for all children under 18, including permanent residents and citizens, providing access to one of the world’s top education systems. Expat residents with valid study or work permits generally have access to public education for their children, although fees may apply, especially at the post-secondary level for international students.
The Canadian education system, known for its blend of academic, artistic, and technical training from early childhood to higher education, varies significantly between provinces and territories. It features public and private schooling options and is bolstered by world-renowned universities known for their research and innovation, attracting international students and offering numerous permanent residency opportunities for graduates.
Taxes
Canada has a progressive tax system with potential benefits like tax credits and deductions, especially for families and investments. Tax treaties with India help in avoiding double taxation.
Personal Income Tax Rates
Taxable Income (CAD)​ | Tax Rate | Notes |
$0 – $55,867 | 15% | Income above this is taxed at the next bracket rate. |
$55,867 – $111,733 | 20.5% | Income above this is taxed at the next bracket rate. |
$111,733 – $173,205 | 26% | Income above this is taxed at the next bracket rate. |
$173,205 – $246,752 | 29% | Income above this is taxed at the next bracket rate. |
$246,752+ | 33% | Income above this is taxed at the next bracket rate. |
For example:
Scenario: Alex earns $130,000 in taxable income for the year.
- First Bracket ($0 – $55,867): Alex pays 15% on $55,867, which equals $8,380.05.
- Second Bracket ($55,867 – $111,733): Alex pays 20.5% on the next $55,866 (i.e., $111,733 – $55,867), which equals $11,452.53.
- Third Bracket ($111,733 – $130,000): Alex pays 26% on the remaining $18,267 (i.e., $130,000 – $111,733), which equals $4,749.42.
Total Tax Payable: Alex’s total tax for the year would be the sum of the taxes from each bracket: $8,380.05 + $11,452.53 + $4,749.42 = $24,582.
Corporate Tax Rates
The basic rate of Part I tax in Canada is 38% of taxable income, which is reduced to 28% after the federal tax abatement. From there, the general tax reduction lowers the net tax rate to 15% for most corporations. Additionally, Canadian-controlled private corporations (CCPCs) that qualify for the small business deduction have a reduced net tax rate of 9% on the first $500,000 of active business income.
Here’s a practical example to help understand how progressive taxation works in Canada:
Scenario: A company earns $600,000 in taxable income for the year.
- First $500,000: Taxed at 9% for CCPCs, which equals $45,000.
- Remaining $100,000: Taxed at the general corporate rate of 15%, which equals $15,000.
Total Tax Payable: The total tax for the year would be the sum of the taxes from each applicable bracket: $45,000 + $15,000 = $60,000.
10. The United States
Visa and Immigration Policies
The U.S. offers various pathways for Indians, primarily through employment- and family-based routes. India sends many international students to U.S. higher education institutions, and Indian nationals are most recipients of H-1B temporary visas for high-skilled workers. The U.S. has a significant Indian diaspora, the second-largest immigrant group, with a population of 2.7 million. The U.S. also offers a F-1 visa for students.
Cost of Living
The cost of living in the United States in 2024 varies widely by state, but on average, a family of four can expect monthly expenses of around $4,301.6, excluding rent, while a single person’s costs are approximately $1,207.6, also excluding rent. Housing prices are particularly variable: for instance, Hawaii and California are among the most expensive states, whereas states like Mississippi and Alabama are more affordable.
For a single person living in a non-expensive part of the United States, the monthly cost of living, including rent, groceries, utilities, transportation, entertainment, and healthcare is approximately 204,739 rupees (USD 2,465). However, if you own your property and don’t need to pay rent, the estimated monthly expenses for a single person would significantly reduce to about 97,178 rupees (USD 1,170).
Cultural Adaptation
A significant Indian community across the U.S. aids in cultural adaptation and provides a network for professional and personal growth. Indian immigrants are more likely to be more proficient in English than the overall foreign-born population, which aids in their cultural assimilation.
Employment Opportunities
The U.S. is home to numerous global corporations and startups, offering vast employment opportunities in various fields. It’s particularly attractive for IT professionals, researchers, and entrepreneurs. Indian immigrants are known for their high levels of education and active participation in the labor force. They’re often found in management, business, science, and arts occupations. This is largely due to the high number of working-age adults among Indian immigrants. Indian immigrants typically earn higher incomes than the total foreign- and native-born populations. In 2021, households headed by an Indian immigrant had a median annual income of $150,000.
In 2021, 80 percent of Indian immigrants were ages 18 to 64. The high education levels of Indian immigrants, with 80 percent holding at least a bachelor’s degree, also contribute to their employment in high-skilled jobs.
Quality of Life
The U.S. offers diverse living experiences, from bustling cities to serene suburbs. The standard of living is generally high, with access to advanced healthcare and infrastructure.
Healthcare System
The healthcare system in the United States is a mix of public and private services, known for its advanced medical technology and high-quality care. However, expat residents do not have automatic access to free healthcare. The U.S. healthcare system primarily relies on private health insurance, and expats must usually secure their own health insurance either privately or through an employer. We definitely recommend you secure private health insurance as healthcare in the United States can be very expensive, especially without adequate health insurance.
Education System
The U.S. education system offers a free education and a broad range of choices for all residents, including expats. Public schooling from kindergarten through 12th grade is free. However, international students at public universities or colleges typically pay higher tuition rates than U.S. residents. There are various public and private schools across the country, providing a rich field of options for Indian families.
Taxes
The U.S. offers various deductions and credits, including those for education, mortgages, and healthcare expenses. The U.S.-India tax treaty aims to prevent double taxation for Indians working in the U.S.
Personal Income Tax Rates
Taxable Income for Singles (USD)​ | Taxable Income for Married Couples Filing Jointly (USD) | Tax Rate | Notes |
$0 – $11,599 | $0 – $23,199 | 10% | Income above this is taxed at the next bracket rate. |
$11,600 – $47,149 | $23,200 – $94,299 | 12% | Income above this is taxed at the next bracket rate. |
$47,150 – $100,524 | $94,300 – $201,049 | 22% | Income above this is taxed at the next bracket rate. |
$100,525 – $191,949 | $201,050 – $383,899 | 24% | Income above this is taxed at the next bracket rate. |
$191,950 – $243,724 | $383,900 – $487,449 | 32% | Income above this is taxed at the next bracket rate. |
$243,725 – $609,349 | $487,450 – $731,199 | 35% | Income above this is taxed at the next bracket rate. |
$609,350+ | $731,200+ | 37% | Income above this is taxed at the next bracket rate. |
Corporate Tax Rates
The United States imposes a flat rate of 21% for corporate tax.
Making Your Move
In conclusion, choosing the right country to migrate to from India depends on various factors including personal career goals, lifestyle preferences, and family needs. You’ll likely have many strategies to consider and a whole world of promising destinations to choose from. While all the countries we’ve examined have a unique appeal, Malta consistently stands out because of its financial stability, investment programs, strong economic growth, and the comforting familiarity of its cultural ties. But remember, your personal preferences, financial situation, and long-term goals will ultimately guide your choice.
Contact us at Next Generation for a free consultation on our many Citizenship and Residency by Investment Programs.
FAQ’s
Out of the 10 Countries Listed in This Blog, Which is the Closest to India?
Not only out of the 10 countries listed in this blog but of all European countries, Turkey is the closest and cheapest round-trip flight to India. The flight only costs 33,854 rupees for a return ticket, with each way being about a 6-hour trip (including a stopover).
Which Country is the Most Popular for Indian Expats?
The United States is the most popular country for Indian expats, with approximately 4.8 million Indians residing there. Boasting a large and vibrant Indian community, the U.S. offers ample opportunities in technology, healthcare, and engineering, which attract a significant number of skilled workers from India. Additionally, cultural ties and educational opportunities further enhance its appeal, making it a top destination for Indians looking to relocate or work abroad.
Which Country Has the Most Job Opportunities for Indians?
The United States consistently offers the most job opportunities for Indians, especially in fields such as technology, healthcare, engineering, and business. The U.S. hosts a significant number of H-1B visa holders, largely Indian professionals, and has a robust Indian diaspora that supports newcomer integration. Major U.S. cities like San Francisco, New York, and Seattle are hubs for tech and finance, sectors that actively recruit skilled workers globally.
How Does the Economic Climate in Foreign Countries Affect Indian Migrants?
The economic stability of your destination is crucial. For Indians, a strong economy not only promises better job prospects but also a higher standard of living. Economically vibrant countries generally see positive impacts from migration, such as enhanced growth and increased productivity, benefiting both locals and immigrants.
What are the Best Job and Education Opportunities Abroad for Indians?
Look for countries with a high demand for skilled workers, which often have robust educational systems. The United States, for example, welcomes a large number of Indian immigrants and offers programs like the Optional Practical Training (OPT) that permit foreign graduates to gain valuable work experience.
How Can Indian Migrants Manage Cultural Differences in Foreign Countries?
Adjusting to a new culture can be challenging. Countries with historical or cultural connections to India might facilitate a smoother transition. Consider cultural compatibility, especially how well you might adapt to new social norms and lifestyles, which is crucial for long-term comfort and integration.
What Specific Advantages Do Foreign Countries Offer to Indian Entrepreneurs?
Foreign countries provide several advantages for Indian entrepreneurs, including access to new markets, advanced infrastructure, and a skilled labor force. Many developed nations offer a business-friendly climate with clear regulatory frameworks, robust protections for intellectual property, and ease of doing business. Additionally, tax benefits and incentives can make it financially attractive to establish or expand operations abroad. Being in global or regional hubs also facilitates valuable networking opportunities with potential business partners and investors. Overall, expanding internationally can help Indian entrepreneurs tap into diverse resources and opportunities not available domestically, while also providing risk diversification across different markets.