One in five ultra-high net worth individuals want to settle abroad: Survey

One in five Ultra-HNIs in India plans to settle abroad for better investment opportunities, tax benefits, and connectivity, according to a Kotak Mahindra Bank survey. Ultra-HNIs are diversifying their assets globally, focusing on succession planning, healthcare, and education. EY highlights their global identity and increased spending on family offices and collectibles to preserve wealth and heritage.

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