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MILLIONAIRE MIGRATION
'Not just investors...': Tax consultant says the smartest are quietly packing their bags and leaving IndiaIndia faces a significant brain drain as top JEE rankers, engineers, and doctors increasingly seek opportunities abroad, driven by concerns...16 Aug, 2025, 11.05 AM 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
- 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
- Mumbai and Delhi feature among the World's Top 50 Wealthiest cities, surpassing Washington DCMumbai and Delhi have secured positions among the world's top 50 wealthiest cities, surpassing Washington DC in wealth concentration. This ...08 May, 2024, 03.07 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
- Follow the millionaires: Why exodus of the wealthiest should worry IndiaNo country in the world gains by losing its wealthiest residents.05 Jun, 2018, 08.49 AM IST
- Income tax department forms committee to look into tax risk of super-rich leaving IndiaIn light of the emigration of the likes of Vijay Mallya and Nirav Modi, a five-member working group will study the "taxation aspects" of su...05 Apr, 2018, 11.32 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
- 23,000 dollar-millionaires have left India since 2014Nearly 23,000 dollar-millionaires have left the country since 2014, with 7,000 leaving in 2017 alone, taking India to the top of the exodus...19 Mar, 2018, 11.56 AM 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
- Millionaires from across the world are migrating to Australia! Here's whyHere's a look at the most favoured countries for millionaires, based on a 2016 report on global wealth migration trends.07 Apr, 2017, 11.20 AM IST
- 50% more HNIs left India in 2016 versus previous yearThe report pointed out that around 82,000 HNI’s, defined as those who have assets over $1 million, left their home countries last year, ver...28 Feb, 2017, 09.10 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
- 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
- Australia beats competition hands down, top choice for wealthyAustralia seems to be the most preferred destination for the global rich, with Sydney leading the pack with the biggest net inflow of milli...03 Apr, 2016, 12.47 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
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