Millionaires leaving India in large numbers

[jefferson1]

New Delhi: A new report suggests that Indians who have the means to quit the country are doing so and in increasing numbers. India saw the third highest outflow of wealthy individuals last year.

Nearly 5,000 millionaires, or high-net-worth individuals (HNWIs), left the country, which is 2% of the total number of HNWIs in India, says the Global Wealth Migration Review 2019 by AfrAsia Bank and research firm New World Wealth.

The net outflow of HNWIs that India saw in 2018, was even faster than the UK, which is in the middle of a turmoil owing to Brexit.

The UK for the last three decades was ranked among the countries with the highest number of inflow of wealthy individuals but the trend reversed in the last two years, thanks to Brexit. China topped the list, as its economy is starting to show the impact of the trade battle with the United States.

[futureofandhra]

Thanks to congi n pushpam batch

Hopeless situation techesaru

[kevinUsa]

simple baa

 pollution 

130cr population 

[kevinUsa]

Freedom

[kevinUsa]

 

[jefferson1]

3 minutes ago, kevinUsa said:

Freedom

few days back evaro, copy paste chesaru text adi bagunde

[kevinUsa]

Just now, jefferson1 said:

few days back evaro, copy paste chesaru text adi bagunde

ou can call it oppurtunities or better conditions for living any thing you want, but the main reason is for their safety. In western countries you have a choice to make but in india you have no choice but bow down your heads to people in power. if someonne is wealthy and they own a land in a very costly corporate area their land will be grabbed by some politician and will blackmail them for money or to make them fund their campaign. if you want to be rich in india you have to be politically powerful. you have no security, no freedom and if you refuse they will use their power to bring you down. land is the main problem in india as it can be owned by any one. if the entirety of the land was taken control over by the govt 75% of the crimes and corruption would be gone

[jefferson1]

1 minute ago, kevinUsa said:

ou can call it oppurtunities or better conditions for living any thing you want, but the main reason is for their safety. In western countries you have a choice to make but in india you have no choice but bow down your heads to people in power. if someonne is wealthy and they own a land in a very costly corporate area their land will be grabbed by some politician and will blackmail them for money or to make them fund their campaign. if you want to be rich in india you have to be politically powerful. you have no security, no freedom and if you refuse they will use their power to bring you down. land is the main problem in india as it can be owned by any one. if the entirety of the land was taken control over by the govt 75% of the crimes and corruption would be gone

thanks man...

[kevinUsa]

 

[kevinUsa]

 

[AndhraneedSCS]

Just 2% kada, whats the big deal?

[The Warrior]

11 minutes ago, AndhraneedSCS said:

Just 2% kada, whats the big deal?

 

1 hour ago, futureofandhra said:

Thanks to congi n pushpam batch

Hopeless situation techesaru

Loki nakka and jaganalu kooda debgestharemo ani @futureofandhra feel avuthundu

[jefferson1]

21 minutes ago, AndhraneedSCS said:

Just 2% kada, whats the big deal?

those 2% are from the rich category, problem emi ledu

this is about people's choice of where to live. indian ki vache nastam emi ledu