Are more millionaire Indians leaving India to settle abroad?

India is one of the world’s fastest-growing wealth markets in the world

India's high-net-worth individual population is projected to increase by a remarkable 80%  by 2031

Currently, 357,000 high-net-worth individuals (HNWIs) reside in the country

India is projected to witness a net outflow of 6,500 high-net-worth individuals (HNWIs) in 2023

India is the second-largest country in terms of HNWI outflow globally, following China 

Dubai, also known as the '5th City of India,' and Singapore remain preferred destinations for wealthy Indian families

'Investment Migration Program' Or Golden Visa is what Millionaire Indians opt for immigration –  January to March 2023 quarter saw maximum interest from HNIs