Indian Entrepreneurs Eye UK, U.S. for Relocation, Boost Real Estate Investments
Indian entrepreneurs are increasingly looking to relocate, with the UK and U.S. being the top destinations. They are also investing heavily in global real estate and prioritising health and wellness initiatives. However, they face challenges in structuring business transfers and running existing businesses abroad.
A significant 64% of Indian entrepreneurs allocate personal wealth towards real estate for personal use, surpassing the global average of 53%. Looking ahead, 95% expect growth in personal wealth, with 56% anticipating significant expansion.
When it comes to relocating, the UK and U.S. are the most preferred destinations. However, entrepreneurs also consider countries in the Indian Ocean region, Thailand, and the UAE, reflecting a mix of business opportunities and lifestyle preferences. Notably, 73% of Indian entrepreneurs hold multi-residency status, well above the global average.
Indian entrepreneurs are also investing in luxury lifestyles and experiences at a higher rate than their global peers. 59% channel money into luxury experiences, compared to the global average of 50%. They maintain diversified portfolios, with top choices including life insurance, property investments, publicly traded stocks, and private assets.
Despite these trends, Indian entrepreneurs face several challenges. 64% highlighted the difficulty of structuring business transfers effectively, and half flagged the complexities of running existing businesses abroad.
Indian entrepreneurs are displaying a strong appetite for global mobility and investment, with a majority expecting significant wealth growth. However, they also face substantial hurdles in business transfers and international operations. As they continue to embrace global opportunities, addressing these challenges will be crucial.
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