Fewer millionaires set to emigrate this yr, India produces ‘far more’ than those leaving

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However, a comparison with previous available reports by Henley shows that India’s projected net outflow of millionaires in 2024 is lower than what happened in 2023 (6,500) and in 2022 (7,500). This means that if the estimate for 2024 turns out to be correct, this would be the second-consecutive year with a drop in the net outflow of millionaires from the country. The Henley Private Wealth Migration Report 2024, released last week, said that India would rank third in the world this year in terms of the net outflows of millionaires from the country, with 4,300 more millionaires leaving than...