2025-01-22 03:48:19 pm | Source: Colliers India
Views on Donald Trump`s Push to End Birthright Citizenship: Real Estate Impact?`` by Ravi Shankar Singh, Colliers India
Below the Views on Donald Trump`s Push to End Birthright Citizenship: Real Estate Impact?`` by Ravi Shankar Singh, Colliers India
The recent statements on birthright citizenship by USA's newly elected president, Donald Trump, have created apprehension amongst resident Indians in the country. A big question that has arisen pertains to investing and owning property. There is no need for worry, given that buying and selling of real estate in the US does not require one to be a citizen. However, recent trends have shown that NRIs have been actively investing in residential properties back home for a variety of reasons including wanting to be closer to their roots, higher confidence in India’s economic growth, and having a back-up plan should visa rules overseas change. While there is no need for legal immigrants to worry, it appears that this trend of NRIs investing in India will continue.
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