CRF Blog

Latvia Looks Good to Russians Unhappy With Putin

by Bill Hayes

In Latvia Looks Good to Russians Unhappy With Putin, Bloomberg Businessweek reports that middle-class Russians are leaving the country.

[T]he latest wave of emigration, which is almost entirely composed of highly skilled middle-class urbanites frustrated by the war in Ukraine and the suppression of the democratic opposition under Putin. They’re heading for European countries such as Latvia, where they can get residence permits in exchange for investment, most typically in property. Hungary, Poland, Finland, Spain, and Greece offer similar deals. [more]