investment migration: The World is Not Enough: Indians' global wealth hub relocations could benefit India's economy
Experts believe that Indians who move abroad and establish themselves in wealth hubs can contribute to India's economy in various ways. These individuals may repatriate money or invest in Indian equities, financial markets, or startups, which can strengthen the ecosystem. The number of Indian millionaires expected to move overseas in 2023 is estimated to be 6,500. Increased remittances from these individuals can help stabilize India's current account deficit and provide a guaranteed source of income.
Source: indiatimes.com
