6500 Millionaires Are Leaving India; Here’s Why | Report | Mint In Focus

According to Henley Private Wealth Migration Report 2023, Indian millionaires are leaving the country in hordes. In 2023, 6500 Indian millionaires are expected to leave India. While this number is lower than 7,500 millionaires who left India last year. It is still significant. This leads to an obvious question, why? Why are India’s super rich choosing to leave India?

Watch, as we take an in-depth look at the report and explore the reasons.

#henley #hni #highnetworth #millionaires #millionairelifestyle

Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.

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[valley-girl]

It doesn't matter to China. As much as I dislike their geopolitical approach, you have to agree that millionaires are nothing over there. They can always create new. The govt strictly regulates industries and nothing can stop them anymore. They create new millionaires every year and they are removing people out of poverty faster than most nations in the world.

[spreddyreds]

When anything and everything is reserved for some category, general class have no other option than leave the country.

[ViolentCabbage-ymko]

Just look at the standard of living in India. Waste management is terrible

[kumarsiddharth]

Just see the Cannaught place on 9 th July, this reason can tell you the story. The most premium place in national capital.

[youtubebanme]

Instead of providing tax benefits to distributing freebies this is bound to happen

[bhravikiran]

Once Congress comes to power and wealth is distributed, the millioners and even General category ppl will leave.

[rara-mmxh]

With networth of 8.2 crore you can't live a lavish life in cities like Mumbai or Delhi

[Aakash]

Any option for general class why all option available for rich class

[deepjha]

These news are reality and proff too that india is really growing and west somehow can't ignore to show you these messages. Where the fact is doesn't matter how much they try but they can't do anything because government is good and it's policies too.

[Meckdenis]

It won't take much time to realise for them even my boss the same mistake now he was crying from there

[zzp_smile]

Are these millionaires willful defaulters of loan too?

[Burningcarrybag]

I dont see any dmkkk ministers not going outside 😂😂😂 the richest in world still in our country only. Yday they arrested a minister in tn for just 600 cr assests findings by ED😅😅 remaining they couldnt find😂😂😂

[GuhaKashyap]

Sure leave if you want but the govt should levy an 'exit tax' on any money you take out of this system. After all, this system allowed you to make that money in the first place.