Author: Laksh Nagda

India’s Elite Exodus: The Tax Triggers Driving Wealthy Migration in 2025 India is witnessing a notable exodus of its elite, particularly high-net-worth individuals (HNIs), driven largely by evolving tax laws and increased tax scrutiny. In 2025 alone, an estimated 3,500 Indian millionaires are expected to migrate abroad, reflecting a slight decline from previous years but still placing India among the top countries losing wealthy residents. This migration movement is primarily influenced by a combination of stringent tax enforcement, high effective tax rates, and broadened tax residency rules that make it increasingly challenging for wealthy individuals to manage their tax liabilities…