7000 Super Rich Migrated in 2017

Mumbai Feb 5: A recent report on Indian economy has revealed some interesting facts . The report has said that "India witnessed the second largest number of millionaire outflow globally after China with 7,000 high net worth individuals changing their domicile during 2017, 16 percent more than last year."

The New World Wealth has reported that "7,000 ultra-rich Indians shifted overseas in 2017. In 2016, the figure stood at 6,000, while in 2015 as many as 4,000 millionaires shifted base."

The report added that Globally, as many as 10,000 super-rich Chinese changed their domicile in 2017. Other countries that witnessed large high net worth individual (HNWIs) outflows include Turkey (6,000), United Kingdom (4,000), France (4,000) and Russian Federation (3,000).