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INDIAN MILLIONAIRE MIGRATION
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- 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
- Home abroad: Why rich Indians are choosing 'invest and migrate' programs for foreign citizenshipAround 10,000 Indian millionaires have migrated in two years, thanks to the 'invest and migrate' trend. High-net-worth individuals seek bet...21 Feb, 2025, 02.34 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
- Nithin Kamath mourns Indian brain drain, says Americans are ready to invest in IndiaWhile many followers echoed this sentiment, some netizens maintained that it was not wrong to seek greener pastures.22 Nov, 2023, 03.07 PM IST
- Why Indians don't want to be Indian citizens anymoreLarge scale emigration of Indians began with British imperialism and the indentured labor system in the 19th century. In recent times, Indi...01 Jul, 2023, 05.23 PM IST
- Fret not about high net-worth individuals turning NRIsEvery third new millionaire in the world between 2021 and 2026 is likely to be an Indian. Besides, 18 million Indians live outside their ho...17 Jun, 2023, 10.09 AM 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
- Power of passport: Why did billionaire Surendra Hiranandani ditch India for Cyprus?Surendra Hiranandani of the famed Hiranandani Group, which changed the face of a posh Mumbai area, says tax is not the reason behind leavin...19 Apr, 2018, 02.43 PM IST
- Why India should not worry about wealth migrationWhen seen in conjunction with the rate of growth of millionaires in India, and the economic outlook for the country, the trend seems far le...25 Mar, 2018, 02.08 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
- 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
- 4,000 Indian millionaires shifted overseas in 2015: ReportFrance was followed by China in the second place with 9,000 millionaires leaving the country while for Italy, at third position, the figure...30 Mar, 2016, 09.34 PM IST
- It's a fresh opportunity for those starting out, says Dabur India's Amit BurmanIndustrialist and Dabur India Vice Chairman Amit Burman on what millionaires migrating out of India means for the country.31 Jul, 2015, 09.58 AM IST
- India records second highest outflow of high net-worth individuals: ReportOver the last 14 years (2000-14), India saw 61,000 HNWIs leave the country. It was second only to China, which witnessed 91,000 millionaire...14 Jul, 2015, 10.55 AM IST
- Is Lalit Modi close to getting UK citizenship?Lalit Modi relocated to London in 2010 after several allegations of match-fixing and illegal betting were made against him.21 Jun, 2015, 11.05 AM IST
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