Which countries are currently best for Russians looking to purchase real estate?

I am looking into investing in international real estate and want to know which countries currently allow Russian citizens to purchase property without major complications. Are there specific regions where the transaction process remains straightforward and banking transfers are still functioning? I would appreciate any advice or personal experiences from those who have recently completed a purchase abroad. Any information regarding residency permits linked to property investment would also be very helpful.

Turkey remains the most popular choice for Russians, though getting a residence permit through property investment has become stricter in certain districts. You should definitely check out this guide on investing in international real estate to understand the current landscape before moving forward.

I recently bought a place in the UAE. Dubai is very welcoming to Russian capital, and banking transfers are still functioning well through specific channels. The process is very straightforward, but make sure you have a local consultant to help with the paperwork.

Serbia is a great option right now. It is one of the few European countries with direct flights and a relatively easy process for purchasing property. The banking system is stable, and many Russians are relocating there successfully.

If you are considering the Caucasus region, be careful with the legal nuances. For instance, people often ask if it is possible to buy property in Abkhazia, but the legal framework there is quite complex for foreign citizens. Stick to more established markets like Georgia or Armenia.

Thailand is booming for Russian investors right now, especially in Phuket. The transaction process is clear, and there are many agencies that specialize in helping Russians navigate the banking transfers. No residency permit linked to property, but the visa situation is easy.

Indonesia, particularly Bali, is very popular. You don't get residency, but the leasehold models are very profitable. Just ensure you use a reputable law firm to handle the funds, as international transfers are under higher scrutiny.

Montenegro is still an option, but the banking side has become more difficult. It's best to have an account in a third country like Kazakhstan or Turkey to facilitate the transfer of funds to the seller.

I would suggest looking into Uzbekistan or Kyrgyzstan. They are becoming hubs for Russian expats, the property market is growing, and there are absolutely no issues with banking transfers or legal ownership for Russian citizens.

Be very cautious about the US or Western Europe. Even if the law allows it, the banking hurdles and the risk of account freezes are incredibly high right now. Stick to countries with neutral diplomatic stances to avoid losing your investment.