“1 in 5 Indian Ultra-HNIs Eye Overseas Settlement for Investment and Tax Perks: Survey”

A recent survey by Kotak Mahindra Bank reveals that one out of every five Ultra-High Net Worth Individuals (HNIs) in India is considering settling abroad to capitalize on superior investment prospects, tax advantages, and enhanced connectivity. The study indicates that these Ultra-HNIs are strategically spreading their investments across international markets, with a keen emphasis on succession planning, healthcare, and education. EY’s analysis underscores the growing global footprint of Ultra-HNIs, who are allocating more resources towards establishing family offices and acquiring collectibles to safeguard their wealth and legacy. This trend reflects a shift towards a more diversified and globally-minded approach among India’s wealthiest individuals.

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