Bangkok/Pattaya, Thailand – Since Russia invaded Ukraine on February 24, 2022, a growing number of Russians have looked to Thailand as their ticket to a new life.
Tens of thousands of Russians hoping to avoid the threat of conscription and the economic ravages of the war have travelled to the kingdom in the year since the invasion, many of them seeking a new home.
In Phuket, a popular resort island, Russians are buying off-plan condos with half a million dollars or more to facilitate their relocation or provide a landing pad for a future time when they may feel forced to leave their homeland.
Between November 1, 2022, and January 21, 2023, more than 233,000 Russians arrived in Phuket, according to data from Phuket International Airport, making them the biggest group of visitors by far.
Phuket has long been a favourite escape from the harsh Russian winter but property sales have surged since President Vladimir Putin in September ordered Moscow’s first wartime mobilisation since World War Two, suggesting many arrivals are intent on staying well beyond the length of a typical holiday.
“My clients are mostly young, 30-35… they’re wealthy, high-budget clients,” Sofia Malygaevareal, a real estate agent in Phuket who originally hails from Russia, told Al Jazeera.
“A lot of people have decided to move to Phuket from three to six months… to one year.”
To stay on the idyllic island, Russian arrivals need homes, schools, jobs and visas – which takes time in Thailand, where obtaining long-term residency rights can be difficult to achieve.
For many of the newcomers determined to swap a home on a war footing for a life in the Thai sunshine, money is not a problem. Realtors in Russian-dominated areas of the island say the influx of wealthy visitors, fuelled by the growing realisation the war has no end in sight as it enters its second year, has driven prices up to record levels.
Luxury condos that until recently were available to rent for about $1,000 a month can now go for three times that. Meanwhile, extravagant villas on the market for $6,000 or more are booked out up to a year in advance.
The buyers’ market is similarly red hot. In 2022, Russians bought nearly 40 percent of all condominiums sold to foreigners in Phuket, according to the Thai Real Estate Information Center (REIC). Russians’ purchases amounted to $25m in sales – several times the amount spent by Chinese nationals, the next largest group of buys, according to the REIC.
Some buyers have spent upwards of $500,000 on luxury off-plan homes by the sea, according to local real estate agents.
“The situation has changed at home,” Malygaevareal said, referring to the tough economic conditions in Russia. “People who have money come abroad and are ready to pay money for international school, which costs less than in Moscow.”
A Russian travel agent in Phuket, who spoke on condition of anonymity due to the sensitivity of the issue, said some Russians have arrived on one-way tickets and tourist visas. “[They] just do not go home… they are here to get away from conscription.”
Russians are among the biggest groups of visitors to popular Thai resort areas such as Pattaya [Vijitra Duangdee]
The mass influx of Russians is also reflected in other popular tourist areas such as Koh Samui, Thailand’s second-biggest island, and the eastern seaboard resort of Pattaya, where there has been a sizeable Russian community concentrated in the beach town of Jomtien for years.
“More Russians have moved to Pattaya since October. They’re mostly young couples who fear for their safety,” Mikhail Ilyin, the head priest of the All Saints Russian Orthodox Church in Pattaya, told Al Jazeera.
But the impact of Putin’s invasion works both ways.
Dar, a Thai masseuse in her 40s, said she left her job at a high-end spa in Moscow as the rouble collapsed and her salary – which was generous by Thai standards – plummeted in value. Dar has found new work in Jomtien, where her rare language skills win over repeat Russian clients.
“The women tell me they are desperate to get their husbands, boyfriends or children to come over here to stay,” she said, asking to be referred to by only her first name. “So they come over first and find houses and try to make visas for their men.”
Visas, though, are not as easy to obtain as they used to be after a major scandal was uncovered in November involving Thai immigration police helping the Chinese mafia bring thousands of people into Thailand through fake work and volunteer schemes.
That means Russians who can afford it are having to apply for expensive property ownership visas known as the “Elite Card”, which allows a long-term stay for a family for approximately $25,000.
“It’s not as easy as they think to do long-term living here,” said IIyin, the priest. “Some are thinking of returning as they run out of options.”
The flow of Russians and Russian money into Thailand is also generating resentment in some quarters.
On Phuket, which was hit especially hard by the collapse of global tourism due to the COVID-19 pandemic, some local tourism businesses have expressed anger about Russians allegedly taking local jobs.
Tourism operators have complained about Russian taxi drivers shuttling their compatriots around the island and leading tour groups around Phuket’s historic Old Town, often without the required permits or visas.
Earlier this month, Bhummikitti Ruktaengam, president of the Phuket Tourist Association, complained about the prospect of Russians cutting into locals’ livelihoods.
“If it’s true they’re taking our jobs in our own home, we can’t allow this to happen,” Ruktaengam wrote on his Facebook page.
OTTAWA – Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy.
Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October.
Business, building and support services saw the largest gain in employment.
Meanwhile, finance, insurance, real estate, rental and leasing experienced the largest decline.
Many economists see weakness in the job market continuing in the short term, before the Bank of Canada’s interest rate cuts spark a rebound in economic growth next year.
Despite ongoing softness in the labour market, however, strong wage growth has raged on in Canada. Average hourly wages in October grew 4.9 per cent from a year ago, reaching $35.76.
Friday’s report also shed some light on the financial health of households.
According to the agency, 28.8 per cent of Canadians aged 15 or older were living in a household that had difficulty meeting financial needs – like food and housing – in the previous four weeks.
That was down from 33.1 per cent in October 2023 and 35.5 per cent in October 2022, but still above the 20.4 per cent figure recorded in October 2020.
People living in a rented home were more likely to report difficulty meeting financial needs, with nearly four in 10 reporting that was the case.
That compares with just under a quarter of those living in an owned home by a household member.
Immigrants were also more likely to report facing financial strain last month, with about four out of 10 immigrants who landed in the last year doing so.
That compares with about three in 10 more established immigrants and one in four of people born in Canada.
This report by The Canadian Press was first published Nov. 8, 2024.
The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.
The annual report released Thursday says total health spending is expected to hit $372 billion, or $9,054 per Canadian.
CIHI’s national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022.
This year’s health spending is estimated to represent 12.4 per cent of Canada’s gross domestic product. Excluding two years of the pandemic, it would be the highest ratio in the country’s history.
While it’s not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada’s growing population and its aging demographic.
Canada’s per capita spending on health care in 2022 was among the highest in the world, but still less than countries such as the United States and Sweden.
The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn’t afford these services start using them.
This report by The Canadian Press was first published Nov. 7, 2024.
Canadian Press health coverage receives support through a partnership with the Canadian Medical Association. CP is solely responsible for this content.
As Canadians wake up to news that Donald Trump will return to the White House, the president-elect’s protectionist stance is casting a spotlight on what effect his second term will have on Canada-U.S. economic ties.
Some Canadian business leaders have expressed worry over Trump’s promise to introduce a universal 10 per cent tariff on all American imports.
A Canadian Chamber of Commerce report released last month suggested those tariffs would shrink the Canadian economy, resulting in around $30 billion per year in economic costs.
More than 77 per cent of Canadian exports go to the U.S.
Canada’s manufacturing sector faces the biggest risk should Trump push forward on imposing broad tariffs, said Canadian Manufacturers and Exporters president and CEO Dennis Darby. He said the sector is the “most trade-exposed” within Canada.
“It’s in the U.S.’s best interest, it’s in our best interest, but most importantly for consumers across North America, that we’re able to trade goods, materials, ingredients, as we have under the trade agreements,” Darby said in an interview.
“It’s a more complex or complicated outcome than it would have been with the Democrats, but we’ve had to deal with this before and we’re going to do our best to deal with it again.”
American economists have also warned Trump’s plan could cause inflation and possibly a recession, which could have ripple effects in Canada.
It’s consumers who will ultimately feel the burden of any inflationary effect caused by broad tariffs, said Darby.
“A tariff tends to raise costs, and it ultimately raises prices, so that’s something that we have to be prepared for,” he said.
“It could tilt production mandates. A tariff makes goods more expensive, but on the same token, it also will make inputs for the U.S. more expensive.”
A report last month by TD economist Marc Ercolao said research shows a full-scale implementation of Trump’s tariff plan could lead to a near-five per cent reduction in Canadian export volumes to the U.S. by early-2027, relative to current baseline forecasts.
Retaliation by Canada would also increase costs for domestic producers, and push import volumes lower in the process.
“Slowing import activity mitigates some of the negative net trade impact on total GDP enough to avoid a technical recession, but still produces a period of extended stagnation through 2025 and 2026,” Ercolao said.
Since the Canada-United States-Mexico Agreement came into effect in 2020, trade between Canada and the U.S. has surged by 46 per cent, according to the Toronto Region Board of Trade.
With that deal is up for review in 2026, Canadian Chamber of Commerce president and CEO Candace Laing said the Canadian government “must collaborate effectively with the Trump administration to preserve and strengthen our bilateral economic partnership.”
“With an impressive $3.6 billion in daily trade, Canada and the United States are each other’s closest international partners. The secure and efficient flow of goods and people across our border … remains essential for the economies of both countries,” she said in a statement.
“By resisting tariffs and trade barriers that will only raise prices and hurt consumers in both countries, Canada and the United States can strengthen resilient cross-border supply chains that enhance our shared economic security.”
This report by The Canadian Press was first published Nov. 6, 2024.
