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New Delhi [India], May 18 (ANI/Mediawire): High net worth individuals in India are looking for safer and easier means to diversify their wealth. With uncertainty around healthcare, particularly due to the pandemic, and the stronger tax rules recently imposed, many affluent Indians are moving abroad to provide a better life for their families and a more stable outlook for their financial investments.
According to (https://csglobalpartners.com) CS Global Partners, a London-headquartered citizenship advisory firm, there has been a sharp increase in the Indian upper class looking to citizenship by investment programmes. India is home to 6,884 ultra-high-net-worth individuals and 113 billionaires. Since the pandemic hit, a further forty joined the billionaire s club taking the number to 153 people.