The World is Not Enough: Indians’ global wealth hub relocations could benefit India’s economy

This Article First Appeared In The Economic Times On  Oct 17, 2023

Experts say that more Indians setting up base in critical wealth hubs could help the country in the long run. “People who move abroad, either for lifestyle, taxation or other reasons, contribute to India in a different way – they may repatriate money back or they might invest in Indian equities or financial markets or Indian startups, all of which bolster the ecosystem,” says Nakul Beri, senior MD-global client origination and coverage at Waterfield Advisors.

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