Overview
The International Citizenship Expo is a premier event that brings together a diverse array of stakeholders, including government representatives, legal experts, financial advisors, and individuals seeking to explore global citizenship and residency opportunities.
This groundbreaking expo serves as a comprehensive platform for understanding the nuances of international citizenship and residency programs, fostering collaboration among industry professionals, and empowering individuals to navigate the intricate landscape of global mobility.
India Market Scenario
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India’s ultra-high-net-worth individuals (UHNWI) with net worth over $30 million will rise by over half (58.4%) in the next five years. From the last count in 2022, the number is likely to grow to 19,119 individuals in the next five years in 2027.
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The high-net-worth-individual (HNI) population, with asset value of $1 million and more, which was recorded at 7.9 lakh persons in 2022 will also rise to 16.5 lakh, growing 107% in the five year period.
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HNI population remained on a growth path registering a YoY growth of 4.5% in 2022 and India’s billionaire population rose by 11% YoY in 2022 compared to the previous year.
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Knight Frank estimates a 58.4% increase in the number of ultra-high-net-worth individuals (UHNWI) in India, with a net worth exceeding USD 30 million.
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The population of high-net-worth individuals (HNIs) in India, with assets valued at USD 1 million or more, increased to 797,714 last year from 763,674 in 2021.
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It is anticipated that the number of HNIs will reach 1,657,272 by 2027.
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