Life in Russia alluring for top foreign businessmen
Published: 28 July, 2010, 20:51
Edited: 29 July, 2010, 18:04
Russia might not be at the top of a millionaire's list when it comes to choosing where to reside, but more and more foreigners are moving in each year. And among those settling are CEO's of large international companies.
La Dolce Vita Russian style – the media writes about it, the people talk about it, and very few actually live it. And a lot of those who do aren't even Russian.
By and large, Moscow is a fast-paced, developed city – but it still lacks the comforts expat managers are used to. So what brings them here?
“Well, first of all, it’s the money. Moscow is considered to be quite dangerous by most of these companies, so they get paid extra just to come. Then, there's the income tax. In Russia, it’s just 13 percent – compared to 40 percent in Europe and the US. And of course, it’s the glamorous life they lead here. The parties, the dachas, the night clubs, the country clubs, red carpet treatment everywhere they go – who can say no to that?” says social observer at Kommersant daily, Anna Subbotina.
The latest person unable to say 'no' is former BP CEO Tony Hayward. In a somewhat musical chairs move, Hayward will replace former TNK-BP head Robert Dudley, who will leave Moscow for BP headquarters in London. The 'boss swap' benefits not just the expats.
“They have entire villages built for them which – if they choose to – they don’t even have to leave. Their every whim is catered for, including weekend flights back home. And of course, for Russia this is quite beneficial too. The growing expat culture is highly valued, because it stimulates cultural growth,” explains Vladislav Bykhanov from Cornerstone Executive Search.
Cultural growth is somewhat doubtful, though. The top managers party with the best – and keenly avoid the rest, including members of the press. Something that in their native Europe or America would not be accepted well.
But here, they set the rules and everyone else watches, trying to peer in behind the tinted glass of the motorcade.
28.07.2010, 20:28
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Russophiles versus Westernisers. This has been going on since Peter the Great, and possibly earlier. It's no coincidence that the Russian for "foreigner" and "stranger" is the same word. It's unfortunate that Bianca had a disgruntled tour guide, but I'm not sure what that has to do with expats. There are those of us who live here who are not on the ridiculous packages mentioned in this article, who learn the language, who live among Russians. I can tell you, though, it's not easy being a stranger/foreigner here. You're employed for your expertise and professional opinion, but no one really wants to hear it - they just nod, say "Right! Good idea!" and do what they already had in mind. Yet for some reason I love it and keep coming back.
This picture is similar to how the Western workers live in the oil rich Middle East! In the oil rich Middle East, western workers life in gated communities were they live among like-minded people. These people to the ME not bring Western civilisation but to make lot of money quickly and then return to their countries. I cannot believe that similar processes are taking place in the Great Russia!












Roger I do not think that this is about "Russophile" versus "foreigners" tension. I think this is much deeper and more complex phenomenon; it is about identity crisis and moral decline. Just take a look at a story published today at RT website on the Kaluga region. The same pattern of foreigners living in the lifestyle of Dolce Vita, Russian orphans receiving on handout from "benevolent" foreign investors and "cynical" locals with little faith in locals made cars are represented in that story. I meet Russians almost everyday and the most never speak about their country with love or respect and most are shocked and surprised when they discover my love and admiration for Russia.