Rating of the most popular countries for obtaining a residence permit or citizenship from Russians

In recent years, European and Asian countries have simplified the procedure for legalizing foreign citizens and made it more accessible. A residence permit or citizenship can be obtained by having solid investments or real estate in the country. For example, it is easiest to obtain a residence permit in Greece when buying real estate. Taking advantage of this moment, many Russians purchase real estate abroad, open their own businesses, or invest their savings in foreign companies.

What statistics show

Russians invest money in business and real estate abroad for several reasons. Someone wants to guarantee that they can save and multiply their savings. Others are determined to obtain citizenship in their chosen country. Others need a house or apartment for long-term residence during study, work, or short-term vacation trips.

How popular are investments in foreign real estate among Russian citizens

• In the first half of 2023, there were 11% more clients interested in foreign real estate.
• At the same time, the number of completed transactions for the purchase of houses, apartments, and commercial real estate was 36% more than in the period from January to June in 2022.

The objects on Phuket Island in Thailand are in the greatest demand among Russians today. Whereas last year, Turkey and the UAE were in the lead. The Caribbean is in demand, as many Russians want to get a Grenada passport (Unfortunately, a ban on issuing a document for citizens of the Russian Federation and Belarus has recently been introduced.). Also, the most popular queries included the countries of the Middle East, Bali, Cyprus, Turkey, the United Kingdom, and European countries.