Why do Indians Call the UAE their Second Home? – A Comprehensive Review
The roots of Indian population travel beyond the nation and the total population of Indian Diaspora in other countries is estimated as 35.42 million in which 15.85 million are NRIs (Non-Resident Indians) and nearly 19.57 million population are PIOs (Person of Indian Origin). This is the report of the Ministry of Foreign Affairs of India as of May 2024. Among the top 10 lists of international countries “The UAE” becomes the second country after the USA with the total population of the overseas Indians 3,568,848 (3.6 M). Countries such as Malaysia, Canada and Saudi Arabia secures the next three positions on the table.
This excites the readers to know “Why Indians Call/Consider the UAE as their second home after India?” Here are the following significant factors which attract the Indian diaspora to settle in the land of UAE.
Infrastructure
The primary factor which comes forth into one’s mind or any individual who likes to settle in another country is their infrastructure. The UAE has one of the finest and highly advanced world-class infrastructure which plays a key factor of attraction for the Indian diaspora. The futuristic projects which draw the large amount of population from India are the Masdar City, The Line, Palm Jumeirah, smart city plans, International airports, well-constructed Metro and other public transport, Malls, theme parks, luxury entertainment spots, and secured villas. The Advanced Healthcare system which includes well-trained medical professionals, robotic surgeries, telemedicine and wearable healthcare devices are the foremost infrastructure which has been receiving praises around the world.
Safety
Whenever we hear about the UAE, one iconic superior feature is the “Safety” and UAE secures the second position as the safest countries in the world according to the stat and research released by Lloyd’s Register Foundation and the Institute for Economics and Peace in 2023. It makes the Indian population say yes to a country with a low crime rate and a highly vigilant law enforcement.
Business Friendly Environment
The UAE becomes the most preferable country for the upcoming entrepreneurs to begin their dream businesses in a land full of opportunities and policies for both the flourished and new entrepreneurs. The free zones (100% foreign ownership without local partner), tax exemptions on imports & exports, no personal or corporal taxes, CEPA (Comprehensive Economic Partnership Agreement), Golden Visas which ensures long-term residency, low-customs tariffs, UIBC (UAE India Business Council) and strong banking system all these elements provide a strong and stable economy.
Visa
The varieties of Visa schemes which encourage the arrival of a large number of Indians are UAE Golden Visa, Two year employment visa, Dubai Tourist Visa, and Dubai on Arrival Visa. It helps them in residence, work, and investment.
Exhilarating Job Opportunities
The most admired destination for aspiring young Indian students is the UAE for its diverse opportunities available in the fields such as technology, healthcare, real estate, tourism, IT, and data science.
“The job market in Dubai is buoyant with a high employment rate of around 98% and many Indian students find jobs at MNCs, which have large operations in the United Arab Emirates, soon after they finish their studies. In fact, we offer our masters courses in the evening so that students can work during the day. Dubai is also attractive because it offers an interesting mix of a glamorous lifestyle and high safety standards” said Lucy Everest, Global Chief Operating Officer of Heriot-Watt University.
Financial Freedom
- Tax Free Income
- Low Corporate Taxes
- Double Taxation Agreement (exemption from paying taxes)
- Availability of investment opportunities in the growing sectors including real estate, and technology
“The Indian expatriate community is the largest ethnic community in the UAE constituting roughly 30 percent of the country’s population. The number of resident Indian Nationals is estimated to be 3.5 million in 2021 as per UAE records… Among the Indian states, Kerala is the most represented followed by Tamil Nadu and Andhra Pradesh.”- Embassy of India
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