Wealth Drain Looms Large as India Continues to Lose its HNIs to Golden Visa Programs
India has more than 330,000 individuals with assets of $1 million or more and is adding thousands more to this tally every year. Yet, India is facing a ‘wealth drain’ situation due to a steady increase in the number of HNIs leaving the country for golden visa destinations like Cyprus, Malta, the US, and Portugal. …