So finally some new figures where russian money is or like to be (according to Russian Central Bank data)
1. BVI
2. Luxembourg
3. Cyprus
The British Virgin Islands saw $31.66 billion of direct investment by Russian residents during the first three months of 2013 in the wake of the banking crisis in Cyprus — previously Russians' favorite tax haven. The figure skyrocketed from just $2.1 billion in the first quarter of 2012 and $4 billion during the fourth quarter of last year.
Read more: http://www.themoscowtimes.com/business/article/russian-investors-flock-to-virgin-islands-after-cypriot-crisis/484719.html#ixzz2chlnuN4K
The Moscow Times
+Moscow Times
+Offshore News
1. BVI
2. Luxembourg
3. Cyprus
The British Virgin Islands saw $31.66 billion of direct investment by Russian residents during the first three months of 2013 in the wake of the banking crisis in Cyprus — previously Russians' favorite tax haven. The figure skyrocketed from just $2.1 billion in the first quarter of 2012 and $4 billion during the fourth quarter of last year.
Read more: http://www.themoscowtimes.com/business/article/russian-investors-flock-to-virgin-islands-after-cypriot-crisis/484719.html#ixzz2chlnuN4K
The Moscow Times
+Moscow Times
+Offshore News
