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Increasing numbers of Millionaires moving out of India

7,000 people with high net worth have moved out of India in 2017 which is more than 17% compared to 2016 and the second largest after China. The migration trend shows Indian HNWIs moved to the US, Canada, UAE, Australia and New Zealand. However, according to the report, it is not really a major concern right now as India and China are producing more HNWIs than they are losing.