60% of NRIs Planning to Return For a Secure Future in India

08 Sep, 2023 Author: Ayushee Joshi

India has emerged as the world’s fastest-growing economy. On the other side, all of the world’s financial institutions, from the World Bank to the IMF, have complimented the country's development and voiced confidence that it will continue. In contrast, according to a poll, 60% of Indians residing in five nations want to return to India after retirement. The Indian economy outperforms other countries in practically every field. Simultaneously, NRIs are growing to believe that they may find more financial stability in India and that their future is more safe here. They are now considering returning to their own country.

NRIs of these 5 Countries Planning Retirement in India

According to a survey conducted by the fintech platform SBNRI on NRIs, Indians living in five countries are planning to return to India after their retirement. These countries include Australia, Canada, the United States, the United Kingdom, and Singapore, where at least 60% of NRIs are considering returning to India as part of their retirement plans. The survey revealed that 80 percent of NRIs living in Australia and Singapore, 70 percent of NRIs living in the United Kingdom (UK), and 75 percent of NRIs residing in the United States of America (USA) expressed a wish to return to the nation.