Updated
Updated · Hubbis · Sep 2
Henley Sees 60-Plus Residency Options Gain Traction With India’s Global Families
Updated
Updated · Hubbis · Sep 2

Henley Sees 60-Plus Residency Options Gain Traction With India’s Global Families

1 articles · Updated · Hubbis · Sep 2

Summary

  • Indian wealthy families are increasingly adding residence, citizenship and education planning to core wealth discussions as children, assets and businesses spread across multiple countries, Henley & Partners’ Dominic Volek said at the Hubbis India Wealth Management Forum 2026.
  • Mobility and optionality are the main drivers: many clients want a second residence as a contingency rather than an immediate exit from India, with Schengen-linked programs in Portugal, Greece, Italy, Latvia and Malta cited as practical routes.
  • Education planning is also shifting beyond admissions, as families weigh whether children can stay and work after graduating; Volek pointed to the US EB-5 route, while noting India’s FY2026 unreserved EB-5 visa allocation was already used.
  • Tax benefits depend on actual relocation rather than simply holding another residence or passport, and India’s rules are more complex than a simple 183-day test.
  • Henley, which says it has advised 30,000-plus clients through more than 70 offices, argued advisers should raise the issue early because program rules change and globally mobile families increasingly treat residence rights as part of succession and risk planning.

Insights

How are shifting global immigration policies impacting the long-term viability of investment-based residency programs for affluent Indian families?
Beyond securing a visa, what hidden tax liabilities do wealthy families face when building a sovereign portfolio of global citizenships?
Could the rising trend of purchasing second residencies by the ultra-wealthy eventually redefine the traditional concept of national loyalty?