Why India’s millionaires are moving overseas and seeking alternative citizenships

Last month, the BBC reported that changes to taxation legislation are accelerating India’s “millionaire exodus.” The broadcaster cited the example of V. G. Siddhartha, the founder of the chain Café Coffee Day, who committed suicide in 2019, after accusing tax authorities of harassment. A September 2020 Global Wealth Migration Review report by AfrAsia Bank said […]