Rich Pakistanis Among World's Top Nationalities Migrating Abroad
Rich Pakistanis ranked third in the world for making inquiries to migrate abroad last year, according to a report by Henley and Partners . High net worth individuals (HNWIs) from India topped the list of those seeking to migrate, followed by Americans and Pakistanis. Pakistan is among nations that experienced "significant wealth outflows" in 2019, according to Afrasia Bank . There has been a 25% increase in the number of HNWIs enquiring about citizenship-by-investment as opposed to residence-by-investment programs since the coronavirus was first reported nearly a year ago, indicating that wealthy international investors are considering a more permanent change. Pakistan Among Countries With Significant Wealth Outflow. Source: Afrasia Bank In 2019, the UAE initiated a new system for investment-based long-term residence visa called Iqama. It enables foreigners to live, work and study in the UAE without the need of a national sponsor and with...