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Repats (“Returning Russians”): Trend or Permanent Development?

Repats (“Returning Russians”): Trend or Permanent Development? Slava Konovalov, Cand PhD (UTS), MBA. Talk about:. Historical Overview Two ways road (leaving and returning) Who are they - Repats (Retuning Russians)? Why they are coming back? Expats vs Repats: Comparison

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Repats (“Returning Russians”): Trend or Permanent Development?

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  1. Repats (“Returning Russians”): Trend or Permanent Development? Slava Konovalov, Cand PhD (UTS), MBA

  2. Talk about: • Historical Overview • Two ways road (leaving and returning) • Who are they - Repats (Retuning Russians)? • Why they are coming back? • Expats vs Repats: Comparison • Temporary or permanent? • Successful examples Questions???

  3. Historical overview

  4. Two ways road

  5. Repats (Retuning Russians) Statistics: more than one thousand in 2008 alone (A. Chepurin, Chief of Immigration Department, Ministry of Foreign Affairs). Why?

  6. Why they are coming back? • Financial attraction of Russian labor market. Salary growth (2007, hh.ru): • IT - 69% • Sales – 50% • Production/Technology – 48% • Banking – 46% • Investment – 43% • Consultancy – 41%

  7. Why they are coming back? • Glass ceiling – reached the level in career when next move required extraordinary efforts. • Current world market situation – Russia and current crisis. • Nostalgia – those memories which are more associated with positive emotions. • Family – most of the repats have old parents which require additional attention.

  8. Expats vs Repats. Expats: • Expensive ( notorious “expat package”) • Cultural adaptation (particularity of Russian work culture) • Language limitations (Russian, Cyrillic-based language is difficult to learn) • Concerns: personal security

  9. Expats vs Repats. Repats: • Financial: Less expensive (in most of the cases: no relocation costs, “repat package” - unknown). • Cultural: In-built understanding of cultural issues both social and work related. • Language: Native speakers. • Entrepreneurial spirit – came through difficult period of adaptation already and not afraid to do it again.

  10. Temporary or permanent? • Russian Immigration legislation – many Russians lost their citizenship. • Predicted stability – changes in financial or political situation in Russia can push them back.

  11. Successful examples • Ireland – government program. • China – “bananas” people. • India – new “caste”.

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