<ul><li>Approximately 6,500 high-net-worth individuals (HNIs) are expected to leave India in 2023, according to the Henley Private Wealth Migration Report 2023.</li><li>Despite the outflow of HNIs, India is projected to experience an 80% increase in its high net-worth individual population by 2031, positioning it as one of the world's fastest-growing wealth markets.</li><li>The report notes a trend of affluent individuals returning to India, and as the standard of living improves, a significant influx of wealthy individuals is anticipated.</li><li>The UK and Russia are predicted to have 3,200 and 3,000 millionaires, respectively, according to the report.</li></ul>

Millionaire Exodus: More than 6000 high net-worth individuals slated to leave India in 2023

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