Thousands of Indian millionaires, around 4,300, are expected to relocate abroad this year, a slight decrease from last year. This makes India the third-highest country globally for millionaire outflows, after China and the UK. The top destinations for these migrants are the UAE and the USA, with the UAE poised to welcome a significant number of new millionaires. Reasons for migration include safety, financial opportunities, tax considerations, business prospects, lifestyle preferences, education for children, healthcare access, and overall quality of life improvements.
Wealthy Indians Moving Abroad in Record Numbers in 2024
![](https://affairsace-media.s3.ap-south-1.amazonaws.com/2024/06/21121410/1444768238-994-ezgif.com-avif-to-jpg-converter.jpg)