Tag: managing finances

The Indian population in the United Kingdom stands strong at 1.8 million. In 2023 alone, 253,000 Indians migrated to the UK. Most of them are promising students and skilled professionals. Better job opportunities, higher living standards, and government policies supporting entrepreneurship attract immigrants.  For India, the upside is these immigrants in the UK send money…

4,4 million Indians reside in the United States of America, and this diaspora accounts for about 1.35 percent of the country’s population. Being the largest economy in the world, the USA contributes to 23.4 percent of India’s inward remittances annually. The money Indians in the USA send home serves multiple purposes. Primarily, this foreign money…

The Indian diaspora in Australia represents a significant and growing segment of the national population. As per data from the Ministry of External Affairs by the Government of India, the overseas population in Australia stands strong at 496000. Notably, a substantial portion of this community comprises skilled professionals actively contributing to the Australian economy across…

1.85 million Indians reside in Canada, and around 15 lakhs more are planning to migrate there in the coming years. Factors, including high living standards, a strong economy, and immense job opportunities, make Canada attractive to Indian graduates. The nation also has one of the world’s best healthcare systems. These collectively add to the high…

Big salaries and a higher standard of living attract expats to Japan. From time immemorial, trade connected India with Japan. Indian merchants and travelers who settled in Japan’s heartland have centuries of history to expound. Today, what attracts Indian professionals to Japan is booming job opportunities in high-tech industries like robotics. Also, there is a…

Indian immigrants in Europe stand strong at 3 million. From entrepreneurship to healthcare and academia, you can sense the presence of this vibrant immigrant community playing a pivotal role in propelling the European Union’s economic growth. Netherlands, Italy, and France are the prominent nations housing a lion’s share of the Indian diaspora in the EU.…

In 2023, India sealed its position as the globe’s leading recipient of remittances by rising at a rate of 12.3% and reaching USD 125 billion. Significant contributors to India are the USA, the UK, and Singapore, which constitute 36% of international remittances. The USA stands as a primary contributor, while the UAE contributes 18% and…

GIC, which is short for Guaranteed Investment Certificate, is a widely used investment option in Canada. This is suitable for those who prefer a low-risk, secure investment and a medium for saving their money. GIC provides a guaranteed return over the fixed duration of the contract. This blog covers these topics: opening a GIC account…