Business Standard: 4.3 Thousand Millionaires May Leave India This Year
Date
6/23/2024 7:36:22 AM
(MENAFN- AzerNews)
By Alimat Aliyeva
At least 4,300 millionaires are expected to leave India in 2024
and start businesses in other countries, Azernews
reports.
Thus, in 2024, India will rise to third place after China (15
thousand 200 people) and the United Kingdom (9 thousand 500 people)
by the influx of millionaires. This is a lower figure than in 2023,
when 5.1 thousand million people left the country.
According to the company's forecast, in 2024, about 128 thousand
people with a fortune of more than $ 1 million will leave the
country of residence. Their migration destinations will be mainly
the United Arab Emirates and the United States.
The United Arab Emirates is preparing to host a record number of
6,700 millionaires in 2024. According to experts, a stable
political base, developed infrastructure, a calm environment, ease
of doing business, and a variety of investment opportunities create
an opportunity to attract a large amount of foreign investment to
the UAE.
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