What’s Behind Millionaires’ Exodus from India?
Around 4,300 Indian millionaires are expected to migrate out of India in 2024, marking it as the third-highest nation in terms of millionaire exodus this year, according to a report by the investment migration consultancy Henley & Partners. The report identifies the United Arab Emirates as a top destination for these affluent individuals. So, what prompts these millionaires to leave India?