73 per cent of Indian Entrepreneurs hold multi-residency status, which is significantly higher than the global average of 56 per cent.
According to the Global Entrepreneurial Wealth Report 2025, personal mobility this year is as high as it was in 2024. Entrepreneurs’ desire to add further residencies over the coming 12 months stands at 57% compared to 55% in 2024.
Currently, India does not have a dual citizenship policy. Dual Citizenship is not permitted as per the provisions of Article 9 of the Constitution of India, read with Section 9 of the Citizenship Act, 1955.
Therefore, multi-residency in this case will refer to situations in which Indian business owners have bought real estate overseas to use as a second residence.
Multi-Residencies
Multi-residency is more prevalent in the Middle East and parts of Asia, where the vast majority of entrepreneurs live across multiple locations.
At the same time, entrepreneurs leverage their mobility to transcend borders, viewing them as pathways to wealth maximization in business and investment.
Transnational living is significantly impacting entrepreneurs in Asia and the Middle East, driving them to seek additional residencies in new markets to support their business expansion ambitions.
Indians Moving Abroad
More than half of the surveyed entrepreneurs live for at least part of the year in more than one location. This is especially the case for those who inherited their family businesses (66%).
Overall, it is a desire to expand business and boost investments, which leads to the reasons why entrepreneurs are considering adding new residencies (67%). This ties in with the findings, throughout this report, that entrepreneurs’ desire to relocate or add new residencies is driven by where their business takes them.
Entrepreneurs in India have a particularly global outlook, with 73 per cent holding multi-residency status—significantly higher than the global average of 56 per cent. The vast majority are open to relocating abroad, with the UK and US emerging as the top destinations, followed by Switzerland, the UAE, and Singapore.
Among those entrepreneurs looking to make a personal move, the primary motivations for cross-border movements include better quality of life for themselves and their families (78%); access to new investment opportunities (75 per cent); and expansion of business into new markets (71 per cent). The UK is the most popular destination for Indian entrepreneurs looking to move wealth, followed by Singapore, the US, Switzerland, and the UAE.
Expanding Horizons
Of the five key markets, entrepreneurs in India show the most interest in conducting business in the US (88%), UAE (85%), Singapore (82%) and the UK (79%).
According to a new market of entrepreneurs say they are considering 49% expanding to a new market or territory for their business over the next 12 months.
The same is true for India (53%). Its entrepreneurs also stand out for leading the 15 markets in wanting to expand by purchasing a business abroad. Some 51% of entrepreneurs there state this as a business expansion strategy compared to 28% globally.