Large Numbers Of Millionaires Leaving India
Last year, nearly 5,000 high-net-worth individuals (HNWIs) have outflown from India as per Global Wealth Migration review 2019. This means that India has seen the third highest outflow of wealthy Indians last year.
While the trend was UK as the favorite destination to migrate, last two years were not according to the set trend, maybe the reason was Brexit. All the wealthy Indians grab the first chance to get out of the country, whenever possible.
The trade battle with the United States has ranked China at top of the list, due to their strong economy. There are quite a few reasons why wealthy Indians want to quit their own country. In India having wealth is not enough, political power is a must add to it, also security has nowadays a vital issue.
As land is a most important aspect when a wealthy man owns the land it will be surely taken by a powerful politician, also better living conditions, safety, freedom, not being blackmailed by the politically supported goons, are the main reason to leave off owns the country.