Trump’s Executive Order on Birthright Citizenship: A Potential Boost for Indian Real Estate
The recent executive order signed by former US President Donald Trump, aiming to end birthright citizenship for children of non-permanent residents, has stirred significant discussions across the globe. While its implications on US immigration policies are being debated, one unexpected ripple effect is its potential impact on the Indian real estate market. This policy shift could encourage many Indians residing in the US to return and invest in properties back home, particularly in technology-driven cities like Hyderabad, Bengaluru, Gurgaon, and Chennai.
A New Perspective for H1-B Holders
Under the new order, children born in the US to non-permanent residents, including H1-B visa holders, would no longer automatically receive US citizenship. This development has led to a shift in investment strategies for many Indians in the US. According to experts, families on temporary work visas might now think twice about purchasing homes in the US. Instead, they are likely to channel their savings into real estate investments in India, where they plan to eventually settle.
“This is positive news for Indian real estate. It will be particularly beneficial for Tier 1 cities like Hyderabad and Bengaluru, which are technology and IT hubs offering promising career opportunities,” says Sandeep Reddy, co-founder at Propstack and Zapkey.
A Surge in Real Estate Demand in India
Indian families residing in the US often aspire to return to their cultural roots and make long-term investments in their homeland. This sentiment is expected to grow stronger with Trump’s policy shift. Kiran Kumar, Vice President at Hanu Reddy Realty, highlights this trend: “Many of our clients are now considering buying luxury properties in Bengaluru and Hyderabad. With the weakening of the American Dream, Indians are finding renewed confidence in investing back home.