Pawan Kumar
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The number of rich people is increasing all over the world. In India too, new names are continuously being included in the list of Indian Millionaires. But in the meantime, the rate of the rich leaving India and looking for another destination has also increased tremendously. According to a report by Henley and Partners, 8,000 Indian millionaires have left the country in a year. With this figure, India has now joined the top-3 countries in terms of migration of the rich.
India at number three after Russia-China
On the one hand, while Indian industrialists are ringing in the list of world’s top rich, on the other hand, a large number of Indian nobles seem to be disillusioned with the country. Statistics are telling that in the year 2022 itself, thousands of millionaires have called India Tata. Henley & Partners has disclosed this in its report. According to this, India is included in the three countries of the world, from where millionaires left India has been the maximum. In this list, Russia is at number one, while China’s name comes at number two.
8 Thousand millionaires migrated
Looking at the report of Henley and Partners published on Business Insider, it is clear that millionaires of many countries including India are giving more preference to leaving their country and settling in other countries. If you look at the figures provided in the report, 8,000 millionaires have migrated from India in the year 2022. While the number of millionaires who migrated from Russia, which is at the forefront of this matter, has been 15,000 this year, while 10,000 millionaires have migrated from China during this period.
High net worth exodus again
During the Kovid-19 epidemic, there was some break on the plan of high net worth people to leave the country, but now again the rich have decided to settle abroad and the latest The figure is an example of this. Significantly, people with high net worth include such rich people who have assets of one million dollars or more. However, along with this exodus, there is also an increase in the number of new millionaires in India. Along with this, the hope has also been expressed in the report that after the standard of living improves, these rich people who left the country can come back to India again.
The rich are leaving these countries too
According to the report, not only Russia-China and India, but also from countries like Hong Kong SAR, Ukraine, Brazil, Mexico, UK, Saudi Arabia and Indonesia, the migration of millionaires is continuing and its rate is increasing. In the last 10 years, the rate of millionaires leaving the country has increased continuously. During the Corona period, there was a decrease in this rate in 2020-21. In the report, it has been said about Ukraine facing Russia’s attack that by the end of 2022, 42 percent of Ukraine’s high net worth people can leave the country.
88000 Rich people of the world found a new place
According to Henley & Partners, so far in the year 2022, about 88,000 high-net-worth individuals (HNIs) have gone to other countries from all over the world. Apart from India, Russia and China, 3,000 rich from Hong Kong and 2,800 millionaires from Ukraine have migrated. Britain is at number seven in this list with the exodus of 1,500 rich. Wherein the countries where these rich are looking for their new abode. Among them UAE, Singapore and Australia are on top. According to the report, 4,000 people have arrived in UAE, 3,500 in Australia and 2,800 in Singapore among the millionaires who left their country.
