Russians own about £8 billion (US$10.7) worth of property, businesses, and other assets in the UK, according to a survey conducted by property agent Aston Chase.Of that, it said some £1.1 billion is invested in London real estate.“If the crackdown on so-called dirty money becomes severe, for example through retrospective investigation, then there will inevitably be a shift of wealth out of the UK,” said Aston Chase.Its survey showed there are more than 150,000 Russians currently living in…
Source : South China Morning Post
Read more…Russians own about US.47 billion of property in London as government moves to stamp out ‘dirty money’, says Aston Chase
