MEA

According to a recent report by the Ministry of External Affairs (MEA), more than 2.25 lakh people renounced their Indian citizenship in 2022, the highest number since 2011. The EAM mentioned that the lowest number was in the year 2020 when only 85,256 had renounced their citizenship in India. What's interesting to note is that most of these individuals are high net worth individuals (HNIs) who are seeking better opportunities, quality of life, education, and healthcare in other countries.