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The Trend of Wealthy Indians Moving Abroad: Insights and Implications

share-iconPublished: Thursday, January 02 share-iconUpdated: Thursday, January 02 comment-icon11 months ago
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INDIATIMES
The Trend of Wealthy Indians Moving Abroad: Insights and Implications

Credited from: INDIATIMES

  • Virat Kohli's potential move to London highlights increasing discussions around wealthy Indians choosing to leave the country.
  • Since 2017, India has seen more people emigrate than immigrate, with over 75% of migrants heading to high-income countries.
  • Your capital follows you; when the wealthy leave, they take their assets with them, affecting the local economy.
  • Between 2022 and 2024, an estimated 18,300 Indian millionaires are projected to leave, indicating a concerning trend.
  • India continues to produce more millionaires than it loses, yet economic implications of this migration warrant attention.

For more details, visit the original article here.

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Wealth migration Indian millionaires Economic trends Virat kohli Expatriates
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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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