Some want crypto, some don't like tax spree...

- 6500 paisadars of India want to leave the country and shift to another country: They are leaving the country for personal freedom, better lifestyle and better future for their children.

- According to the Ministry of External Affairs, 2 lakh 25 thousand Indians have renounced Indian citizenship in 2022. From 2011 to 2022, this number is the highest in terms of relinquishing citizenship

- Now the reverse trend is also being seen. Paisadars who left India are coming back again. Paisadars in India are seen competing with each other which they enjoy.

The world of Indian financiers is unique. Those people on one hand want to see India prosper and on the other hand they are going to leave India and live in other countries. According to a report, 6500 rich people may leave the country this year. These are the people who are super rich and want to live a peaceful and lavish life. Such super rich people are called HNI. ie high net worth individual. That is, people who have at least 1 million US dollars to invest. One million US dollars is approximately 8 crore 20 lakh rupees. This million dollar net worth does not include own bungalow, car, fridge, TV, washing machine and other household items. After China, India is the second country from where the richest people leave the country and settle in other countries. The tendency to move to other countries is evident. This system started by the celebrity class of the country is believed to have been adopted by families associated with the corporate world. China is the only country among the rich who leave the country where more rich people are eager to leave the country and shift to other countries than India. It is estimated that 13 and a half thousand rich people of China may leave the country in the year 2023. Britain ranks third in the world in the number of moneylenders who leave the country to live in another country. 3200 UK high net worth people are planning to leave the country this year. Russia is at number four in this list. Three thousand wealthy people may leave Russia this year. In 2022, 8500 wealthy people of Russia left the country.

It will be very interesting to know in which country the high net worth people of India choose to settle. The first choice of Indian people is America, second is Australia and then comes Dubai and Singapore.

Most of the financiers are flocking to rich countries. On the one hand, where the financiers of China, India, Britain, Russia and Brazil are preparing to leave their respective countries, on the other hand, the choice of these financiers stops at 5 countries. Which is preferred by the financiers of India as well as financiers of other countries of the world. The 'Golden Visa' program run by the Dubai government is attracting many wealthy people from India. Under the Golden Visa, the Government of Dubai allows investors, researchers, students and professionals to stay in the UAE for 5 to 10 years. Getting golden visa is also very easy. It is said that due to such facilities of UAE, around 7500 high net worth financiers of India left the country in 2022. People who say Mera Bharat Mahan Hai are surprised when they leave the country.

There are many reasons behind Indian migrants leaving the country. Bollywood celebrity Aamir Khan once got into a controversy when he mentioned his wife Kiran saying that this country is no longer livable. However, people who want to leave the country and live elsewhere are very clear in their presentation without getting into any controversy. It is natural for everyone to have different ideas. There are different reasons behind leaving one's country to settle in another country. Many people want to settle in another country because of safety and security. Rich people of some countries are shifting abroad to get better education and better health facilities for their children. Some people don't like the weather in their country anymore. While some people are upset with India's finance system, some say that cryptocurrencies are valid in India. All such things belong to the rich.

Another major reason for the rich to leave India is that the tax laws in India are very strict and complicated. However, these people rarely think about the political stability in India. Taxes are very low and investment opportunities are abundant in some countries, so investors shift there. Apart from this, these rich people are also leaving the country for personal freedom, better lifestyle and a better future for their children. It is estimated that the number of HNIs in India will increase by 80 percent in the next 8 years.

Thus, India will be the only country in the world where people's wealth will grow at a rapid rate of 80 percent. Now the reverse trend is also being seen. Paisadars who left India are coming back again. Paisadars in India are seen competing with each other which they enjoy.

According to the Ministry of External Affairs, 2 lakh 25 thousand Indians have renounced Indian citizenship in 2022. From 2011 to 2022, this number is the highest in terms of relinquishing citizenship.

High net worth Indians are choosing Singapore as they want to live a comfortable life. Today, a number of paisadars from India have additional houses in Singapore and go there on weekends.