The billionaire exodus: Why India’s rich are heading abroadDespite India's growing millionaire population, a significant number are leaving, driven by tax scrutiny and economic formalisation. The UA...
15 Jul, 2025, 12.09 PM IST
Millionaires may exit UK in record numbers after non-dom tax shake-upThe United Kingdom may witness a significant departure of wealthy residents. Around 16,500 millionaires are expected to leave in 2025. This...
24 Jun, 2025, 11.35 AM IST
Why are the rich leaving India, where are they headed?A significant number of wealthy Indians are migrating due to better living conditions, business opportunities, and educational prospects ab...
27 Mar, 2025, 07.48 PM IST
StanC keen to break with local banks, play wealth managerStandardChartered is shifting focus from lending to wealth management in India, aiming to attract $200 billion in net new money over five y...
11 Mar, 2025, 09.25 PM IST
Over 2.15 lakh Indians gave up their citizenship and moved abroad in 2023In 2023, 216,219 Indians renounced their citizenship, according to a report presented to the Rajya Sabha. The number was slightly lower tha...
02 Aug, 2024, 01.08 PM IST
4,300 millionaires may leave India this year. Here's where they are moving toThe Henley Private Wealth Migration Report 2024 reveals India's significant net loss of 4,300 millionaires in 2024, reflecting global wealt...
19 Jun, 2024, 03.39 PM IST
Dubai and the UAE: A global wealth nexusDubai and the UAE are flourishing global wealth magnets, offering tax benefits, a thriving business environment, and strategic allure for H...
20 Nov, 2023, 03.49 PM IST
6,500 millionaires expected to leave India in 2023, here's where they're headedAbout 6,500 high net worth individuals (HNWIs) are expected to leave India in 2023, lower than the net outflows of 7,500 individuals the pr...
17 Jun, 2023, 12.23 PM IST
Why Indian entrepreneurs are using the golden visa to move base to DubaiLured by the ease of setting up business, complete waiver on personal income tax, and a friendlier policy environment, several of India's t...
23 Jun, 2022, 05.56 PM IST
India's richie rich are buying one-way tickets out of the country. Here's whyA 2018 bank report found that 23,000 Indian millionaires had left the country since 2014. More recently, a Global Wealth Migration Review r...
19 Jun, 2022, 04.39 PM IST
8,000 HNIs may leave India this year. Here's where they are migratingStrict tax rules and reporting requirements in India, as well as the need for stronger passports, remain the primary factors driving the mi...
14 Jun, 2022, 02.17 PM IST
Wealth migration; 7,000 super-rich Indians shifted base in '17As per the migration trends, Indian HNWIs moved to the US, the UAE, Canada, Australia and New Zealand, while Chinese HNWIs moved to the US,...
04 Feb, 2018, 02.19 PM IST
These 10 charts show what forced Moody’s to upgrade India ratingsAnalysts say even without the upgrade, domestic equity market was poised to surge.
17 Nov, 2017, 04.08 PM IST
6,000 Indian millionaires shifted overseas in 2016: ReportMeanwhile, global wealth migration is also accelerating as around 82,000 ultra rich people shifted overseas in 2016, compared to 64,000 in ...
22 Feb, 2017, 07.12 PM IST
Why are the world's super rich migrating to Australia?For the second straight year Australia remained the top country worldwide for millionaire inflows.
22 Feb, 2017, 01.33 PM IST
About 82,000 millionaires shifted overseas in 2016: ReportAn estimated 11,000 millionaires moved to Australia in 2016 compared to 10,000 that moved to the US and 3,000 that moved to the UK.
22 Feb, 2017, 12.09 AM IST
61,000 Indian millionaires shifted overseas in last 14 years: ReportSome 61,000 uber-rich Indians have changed domicile between 2000 to 2014 -- second only to China which saw an outflow of 91,000 persons.
27 Jul, 2015, 01.24 AM IST