Nearly three-quarters of Indian entrepreneurs say they plan to relocate abroad or add an overseas residency, according to an HSBC report cited by multiple outlets. The figures put the share at about 74%, indicating a strong intention among business owners to establish a future base outside India.

The outlets also say the trend aligns with a wider global pattern, with the report placing it near a 70% global average. Singapore is identified as the most popular destination among those looking to move or obtain another residence, suggesting that at least some of the demand is concentrated in specific countries rather than being widely dispersed.

While the two reports focus on the same underlying results—overall intention rates and Singapore’s top ranking—one outlet frames the figure as 74% and the other describes it as “nearly 3/4th,” but both convey the same direction and magnitude of sentiment. Neither source indicates that the report specifies whether respondents are moving for business, personal, or investment reasons.