International Residency & Citizenship Conclave 2019 to be held in New Delhi
09/07/2019

The Conclave is a unique platform that offers various options and prospects of residency & citizenship across the world to Indian residents.

Online PR News – 07-September-2019 – New Delhi – 5th September 2019, New Delhi: The fifth edition of International Residency & Citizenship Conclave 2019 will be held from 27th to 28th September, 2019 at the Ashok Hotel, New Delhi.

The Conclave is a unique platform that offers various options and prospects of residency & citizenship across the world to Indian residents. The Conclave brings together Residency & Citizenship consultants, legal consultants, government bodies, property developers and other stakeholders under one roof.

Held in conjunction with International Real Estate Expo (IREX), the show dedicated to citizenship by investment, residency and immigration. The Conclave will have participants from Cyprus, Greece, Canada, Portugal, Malta, Spain, Caribbean, Australia, Turkey and EB5 companies from USA that offer residency/ citizenship by investment.

Apart from the exhibition, the conclave will focus on various aspects and prospects of immigration by investment with individual country presentations addressed by immigration experts and lawyers from leading international companies specialised in the field.

The major participants of this year's show are V2 Development (Lead Partner), CMB Regional Centers (Conference Partner), Cyfield Group, IR Group, Leptos Estates, Prospera Europe Ltd., Range Developments, Vardikos & Vardikos, Vital Developers Ltd., EB5 Coast to Coast, Ajmera Law Group - Global Investment Advisors, New Empire EB-5 among others.

Lured by multiple benefits, Indian residents are increasingly looking for foreign citizenship by investment opportunities. Indians, at least many wealthy ones, are looking to invest abroad as never before. They want to go global, explore emerging business and international alliances, avail tax benefits, get visa free travel and avail subsidized children's education with future career prospects.

The lure of major first world nations such as the US, UK, Canada and Australia is still a top draw for most Indians. The AfrAsia Bank Global Wealth Migration Review concurs, adding other major nations Indians are headed to include UAE, Switzerland, New Zealand, Singapore as well as Caribbean island havens such as St Kitts and Nevis, St Bart's, Virgin Islands, St Lucia, Antigua and Barbuda, Cayman Islands and Grenada among others.

Many HNWIs are seeking better returns for their wealth, and investing in mature, stable economies is often a way out. India has 3,30,400 HNWIs (individuals with US$ 1 million or more in net assets), including 20,730 multi-millionaires, according to a report by South Africa based global market research group New World Wealth. The Second Citizenship Survey 2017 by research firm CS Global Partners found that 89 per cent of those polled would like to own a second passport, and over 34 per cent said they had explored getting citizenship or residency of another country. According to the report by New World Wealth, 7,000 Indians shifted overseas in 2017. For 2016, the corresponding figure was 6,000, while in 2015 it was 4,000.

The event is supported by CNBC TV 18 as the Television Partner.

IREX is organised by GMN Events Pvt. Ltd, which is part of an international media company that represents several media and exhibition brands in the Indian market and organises road shows and events for its clients.