Since the beginning of this year, the global system of automatic exchange of data on bank accounts has been launched. Russia, like a number of other states of the world, joined this system after the scandal around the Panamanian offshores in order to remove the incomes of wealthy citizens from the shadows. Panic began among domestic moneybags, and for the last two years they have been massively acquiring citizenships of other countries, sometimes changing their tax residency.
Just recently, it became known that a number of famous oligarchs became citizens of the state of Malta. In total, over the past 3, more than 700 citizens of Russia with well-known names received passports of Israel, Cyprus, Malta, Monaco, etc.
The reason for the mass flight of Russian businessmen lies not only in the desire to hide their income. Economist, doctor of economics Valentin Katasonov shared his vision of the situation.
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