Since the start of the pandemic, Indian entrepreneurs seeking countries in which to launch their startups are looking beyond the usual suspects. The challenge is finding countries that are friendly to both innovation and immigration. According to Shilpa Menon, LCR Capital Partners’ senior director for India, countries that are “high on innovation” are not necessarily favorable to immigration. As a result, Indians are considering a newer set of destinations, obtaining visas through residence-by-investment programs in Portugal and Malta, setting up businesses in the United Arab Emirates, or applying for talent-based visas in Australia, the UK, and Singapore. This article examines the pros and cons of destinations where Indian entrepreneurs are moving, including unusual choices like Italy and Grenada (which offers a visa that can be used as a stepping-stone to US residency).
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