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Flight of family office: Why more and more affluent Indians are looking at foreign destinations like Dubai and Singapore to set up family offices
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When the son of a consumer firm’s promoter recently decided to relocate from Mumbai to Dubai, he was not looking for new real estate pastures. He wanted, instead, to take care of his crossborder family office.
Similarly, a second-generation pharmaceutical business owner from Mumbai has said he would step away from day-to-day operations to manage their new family office in Singapore. There is a growing trend of affluent Indians looking at cities
. Read more on economictimes.indiatimes.comAbout this in other media
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