New US Citizenship Law: Will It Spark a Real Estate Boom in India?
US President Donald Trump has signed a new rule that stops automatic US citizenship for children born to parents who are not permanent residents or US citizens. This includes many Indians living in the US on H-1B work visas. Experts believe this could lead more Indians to return home and invest in property in India instead of the US.
Sandeep Reddy, co-founder of Propstack and Zapkey, said this is good news for Indian real estate, especially in cities like Bengaluru, Hyderabad, Gurgaon, and Chennai. These cities have strong tech industries, making them attractive for returning professionals.
A post from Hyderabad Real Estate & Infra on X (formerly Twitter) noted that H-1B visa holders might now think twice before buying homes in the US. Instead, they could send more money home to invest in properties. The post compared the US to Middle Eastern countries, where people go to earn money but eventually settle back in India.
Manjesh S Rao, Chief Real Estate Officer at BrokerInBlue, said most clients are already considering buying homes in India. “Out of 10 people we talk to, 8 or 9 are planning to buy apartments in Bengaluru or Hyderabad,” he said, adding that this trend could grow after the policy change.
Kiran Kumar, Vice President of Hanu Reddy Realty, explained that some people want to reconnect with their culture, while others are using their dollars to buy luxury homes in India.
However, not everyone expects a big shift. Some legal experts say real estate investments are mainly driven by property value growth and tax savings. Many Indians will still buy homes in the US while keeping a second property in India.
Avnish Sharma from Khaitan & Co believes more H-1B holders will invest in India as a safety net. But those with green cards or permanent status will likely keep investing in US real estate.
What Does the Rule Say?
The new rule ends automatic citizenship for children born in the US if their parents are on temporary visas, like H-1B, or staying illegally. It will take effect in 30 days, but immigration advocates have already filed a lawsuit to challenge it.
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