Tue Jul 08 07:00:00 UTC 2025: Here’s a summary of the text, followed by a rewrite as a news article:

**Summary:**

The article discusses the trend of wealthy and skilled Indians increasingly seeking residency abroad, particularly in countries like the UAE, which offer stability, predictability, and a less bureaucratic environment. The UAE’s new Golden Visa program, priced at approximately ₹23 lakh, is particularly attractive to entrepreneurs and tech professionals seeking a life free from systemic friction. This outward migration, highlighted by rising citizenship renunciations and millionaire relocations, signals a breakdown in India’s ability to retain its most productive citizens. The author argues that India must address issues like poor infrastructure, regulatory hurdles, and a lack of institutional support to prevent further talent drain and retain its economic drivers.

**News Article:**

**UAE Golden Visa Luring Indian Talent as Wealth Exodus Accelerates, Expert Warns**

**New Delhi/Dubai:** The United Arab Emirates (UAE) is emerging as a prime destination for wealthy and skilled Indians seeking a more stable and predictable environment, fueled by its new Golden Visa program. A growing number of Indian millionaires, entrepreneurs, and tech professionals are opting to relocate abroad, raising concerns about India’s ability to retain its top talent.

The UAE’s Golden Visa, priced at a relatively affordable AED 100,000 (approximately ₹23 lakh), offers lifetime residency to eligible applicants without the need for substantial real estate investments or business capital deployments. This is proving particularly attractive to Indian startup founders and professionals in emerging fields like AI, blockchain, and quantum computing, who often face regulatory uncertainty and limited institutional support in India.

“The UAE is strategically repositioning itself as a hub for global talent, offering an ecosystem that attracts capacity and credibility alongside wealth,” explains [Author’s Name], a corporate advisor and author. “It has engineered an environment where governance is predictable, regulatory friction is low, and individual initiative is met with institutional coherence.”

The trend of outward migration from India is reflected in alarming statistics. The Henley Private Wealth Migration Report 2024 projects over 4,300 Indian millionaires to relocate abroad this year, following 5,100 departures in 2023. Government data reveals that over 1.6 million Indians have renounced their citizenship since 2011, with a recent surge.

Experts are sounding the alarm, noting that those choosing to establish residency overseas are often the very individuals who have powered India’s economic growth. They argue that this outward migration is a “silent vote of exit” driven by perceptions of greater opportunity, dignity, and stability elsewhere.

“[The choice to seek permanence abroad] should be studied, understood, and addressed…India must urgently strengthen its capacity to offer a dignified, efficient and enabling life to its own, or the silent vote of exit will only accelerate” warns [Author’s Name].

Addressing the issue, according to experts, will require significant investments in infrastructure, streamlined regulations, a reformed tax and business environment, and a governing culture that values competence and rewards initiative. Ultimately, India needs to rethink its relationship with its most productive citizens, treating them as valued stakeholders to retain. If these concerns are left unaddressed, the long-term consequences for India’s economic future could be significant.

Read More