The Facts:

  • The Russian overseas property market is now estimated to be worth in excess of $.22 billion.
  • A rise of 33% in demand for property abroad in 2013.
  • The Russian economy continues to show growth.
  • Russia is one of the largest exporters of crude oil and the results are seen in the economy.
  • Most Russians do not have mortgages resulting in substantial disposable income to invest in real estate abroad.
  • Russia is home to more than 1 million so called "mass affluent" with up to $.425,000 in cash assets.
  • Expats living in Russia are amongst the highest paid worldwide with 36% earning in excess of $.250,000 per year.
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