Immigrants and Expatriates
Immigrants and Expatriates are another important category of individuals using International Financial Service Centres (IFSC).
Immigrants are individual who have moved from one country to another.
Immigrants and Expatriates are motivated to move away from their home countries by factors such as:
- The desire to escape from social, political, economic and other forms of instability.
- The search for a better quality of life.
- Foreign employment.
- The pursuit of business opportunities.
- Tax efficiency.
The numbers of Immigrants and Expatriates are certain to increase, as living or working abroad becomes less difficult – and, as business becomes more international and less constrained by national boundaries.
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