New Delhi, April 30 -- For globally mobile families, the meaning of "home" is evolving. In an increasingly interconnected world, high-net-worth individuals (HNWIs) and ultra-HNWIs (UHNWIs) are rethinking what makes a destination not just viable for business, but also livable for their families. Traditional financial hubs are no longer judged solely by tax efficiency or investment access. Instead, quality of life indicators - education, healthcare, safety, infrastructure, and global connectivity - are rising to the top of decision-making frameworks.

According to theKnight Frank Wealth Report 2024, 19% of UHNWIs planned to apply for a second passport or obtain new citizenship in 2024 - part of a broader movement among the ultra-wealthy to ...