Russia’s Economic Troubles

Russian oligarchs run from Putin paying millions for their ‘freedom’

Sanctions against Russia make Russian oligarchs give everything to obtain citizenship in the UK. According to Bloomberg, the number of people applying to the British Embassy for visas and citizenship has doubled. In the first nine months of 2013 their number was 96, for the same period in 2014 – there were more than 160 applicants, reports with reference to Bloomberg.

Economic sanctions have led to the fact that there is the high intensity of not only capital outflows, but also the oligarchs.

British visa is issued for such people only in the case of their consent to become an investor, investing at least £ 2 million (more than $ 3 million) in the UK economy.

So far, more than 160 Russian citizens had filed a request for a visa (the so-called Tier 1 visa) in the first nine months of 2014.


Airlines Slash Routes to Moscow in Latest Sign of Russia’s Growing Isolation
Carriers scratch flights as the number of foreign visitors declines and the plunging ruble keeps Russian vacationers at home


Russia Sees Exodus of Migrant Workers

The devaluation of the ruble has coincided with new migration regulations that mean for many Central Asian migrants, it’s no longer worth their while to work in Russia.

More than 178,000 Tajik nationals left Russia in the second half of 2014 and nearly 365,000 Uzbeks left the country during the same period.


Opel and Chevrolet ‘to leave Russia’