With luxury villas flying off the market, Phuket is fast becoming the go-to destination for Russia's affluent.
“The atmosphere for everybody is wonderful and peaceful,” Yuri Vorona, a restaurant manager in Phuket, told Bloomberg. “We have everyday Russians, who just want to rest and not fight.”
And Russians aren’t just stopping by for a quick visit—a good deal of them are snapping up property, too. In Phuket, 338 villas were sold last year, with about half of them going to Russians, according to data from the real-estate agency Knight Frank Thailand. And Christian Steinbach, the sales director at the FazWaz property group, told Bloomberg that Russian speakers are the biggest nationality of buyers on the island.
While Russians in general seem to be enjoying all Thailand has to offer, the country’s ultra-wealthy have also made their presence known. A superyacht said to be owned by the Russian oligarch Alexander Svetakov was seen in Phuket around Christmas, and the billionaire Igor Rybakov held business-coaching classes there in January.
In response to this influx of Russians, Thailand and its locals are adapting to the new population: Phuket’s airport makes announcements in Russian now, and you can find Russian delicacies like borscht and blini alongside more traditional Thai fare like pad thai and tom yum soup. There are also Russian bathhouses, Russian rock concerts, and a Russian consulate that just opened this month.” of the East.
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