Russia ranked second in world on outflow of dollar millionaires

Russia ranked second in world on outflow of dollar millionaires

Wealthy citizens prefer to live in Western countries and Australia.

Over the past year, seven thousand dollar millionaires left Russia. Only China has a greater figure, although by the end of 2017 Russia was in sixth place after China, India, Turkey, Great Britain and France, Inc reports, referring to the Global Wealth Migration Review study of New World Wealth consulting company.

Most often, wealthy people move to Australia, the USA and Canada. According to the study leader Andrew Amoiles, the migration of millionaires indicates unstable conditions in their home country, in particular, crime, lack of business opportunities or religious tensions. 

At the same time, the influx of migrants to Russia reached a historic low since the collapse of the USSR and stopped compensating for the decline in population, Izvestiya reported earlier. The number of migrants from Uzbekistan and Ukraine decreased the most, and the number of migrants who left the Russian Federation in 2018 increased by 16.9%.

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