India News
Nearly 22% of India's wealthy individuals are considering leaving the country, seeking better living conditions, higher quality of life, and a more business-friendly environment, according to a recent survey. Kotak Private, a leading wealth management firm in India, conducted the survey in collaboration with Ernst & Young (EY), covering 150 of the country's richest individuals.
The survey found that 1 in every 5 affluent Indians is currently thinking about migrating. Many of them prefer to retain their Indian citizenship while settling permanently in a foreign country of their choice.
The most sought-after destinations include:
United States
United Kingdom
Australia
Canada
United Arab Emirates (UAE) (which offers a Golden Visa program)
The survey highlights several key reasons why wealthy Indians are considering moving abroad:
Higher quality of life
Better education, healthcare, and medical facilities
Improved lifestyle
Ease of doing business – Two-thirds of respondents cited this as a primary motivation for migration.
This growing trend reflects the desire of India's affluent class to access global opportunities and improved living standards.
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