Migration in Russia in Q1 2015
Russian Economic Developments. Moscow, 2015, #7, pp. 43-45
3 Pages Posted: 6 Aug 2015
Date Written: July 24, 2015
Abstract
Against Q1 2014, global migration registered significant adjustments. The number of both new arrivals and departures went up, moreover, the latter increased more. Russia registered migration loss with Uzbekistan and Tajikistan. Sharp growth of incomers was registered from Ukraine. Migrants from that country currently secure major share of migrant growth in Russia. For the number of incomers Ukraine has overtaken countries of Central Asia taken together. From 1 January 2015, procedure for attracting labor migrants from visa-free countries to Russia has changed significantly. For foreigners employed by legal entities work permits were abolished and patents were introduced. Analysts consider transition to patents as an instrument which will help to simplify legalization and will be an anti corruption measure as well. The volume of transfers from Russia declined significantly. In Q1 2015, nearly half the amount was transferred to CIS member states against Q1 2014. Average amount of wire transfer fell below $200 for the first time since 2006.
Keywords: Russian economy, migration in Russia
JEL Classification: F22, J11, J61, J62
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