Saturday, November 16, 2024

Indians abroad see 100% income increase

CULTURAL INTEGRATION: Many Indian migrants find it easier to integrate into the cultural and social fabric of their host countries, which fosters a sense of belonging and encourages them to remain abroad long-term

PRAVASISAMWAD.COM

Indians migrating abroad experience significant financial gains, with an average income increase of 118%, according to the World Bank report titled “Migrants, Refugees, and Societies.” This sharp rise in earnings stands in stark contrast to those who remain in India, where similar wage growth often takes over 20 years. The stark wage gap between India and popular destination countries is a major driving force behind this migration.

Low-skilled Indian workers moving to the Gulf see an average income rise of 118%, while those in the UAE report a staggering 298% increase. While high-skilled workers also benefit from migration, it’s the low-skilled migrants from countries like Nigeria and Yemen who experience even higher income gains, with some reporting increases of up to 1,500%.

KEY FACTORS INFLUENCING INDIANS TO SETTLE ABROAD:

  • Career Opportunities: A significant 59% of Indians migrate for career-related reasons. The opportunity for better job prospects and professional growth, coupled with substantial income increases, is a powerful motivator.

  • Quality of Life: Many Indians are drawn abroad by the promise of a better quality of life. This includes improved work-life balance, access to superior healthcare, and enhanced living conditions—especially appealing to those seeking stability and comfort for their families.

  • Educational Advantages: Some Indians initially migrate for education and choose to stay afterward, providing their children with access to better job placements and a head start in their careers.
  • Social Security and Support: Perceived stronger social security systems and support structures in host countries make the prospect of settling abroad attractive, particularly for those with families.

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Roma Ghosh
Roma Ghosh
Roma Ghosh has recently retired as Associate Professor for Media Studies from an international university. She was with the Times of India as a correspondent for many years. Her passion is cooking and she has been doing recipes and photo shoots for Women's Era for the last 15-odd years.

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