The Henley Private Wealth Migration Dashboard 2023 says 6,500 high net worth individuals (HNWIs) would depart India this year. The terms “millionaires,” “high-net-worth individuals,” or “HNWIs” refer to those with investable wealth of USD $1 million or more.100
The Henley Private Wealth Migration Dashboard 2023 predicts that 6,500 high net worth people (HNWIs) would depart India this year, down from the net outflows of 7,500 persons in in 2022. The Henley Private Wealth Migration Dashboard monitors wealth and investment movement patterns across the world.
The terms “millionaires,” “high-net-worth individuals,” or “HNWIs” refer to those with investable wealth of USD $1 million or more. The prediction places China at the top of the list, with 13,500 Chinese billionaires predicted to leave the nation compared to the outflow of 10,800 persons in 2022.
India is home to an estimated 344,600 “high-net-worth individuals,, compared to China’s total of 780,000 HNWIs.In 2023, it is anticipated that 3,200 HNWIs will leave the UK, 3,00, and 1,200 will leave Russia.
The UAE dips to second position after its record-breaking influx in 2022, but it is still anticipated to enjoy an exceptional net arrival of 4,500 new millionaires this year. Australia is forecast to draw the greatest net inflow of high-net-worth individuals in 2023 at 5,200. With a net inflow of 3,200 HNWIs, the third-highest on record for Singapore, it is followed by the US with an anticipated net inflow of 2,100 millionaires, according to the report.
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