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The Rise of Repats: Understanding the Trend of Returning Russians

This presentation by Slava Konovalov, Cand. PhD, explores the phenomenon of returning Russians, or "Repats". It covers a historical overview, insights into who they are, and the reasons behind their return, such as financial opportunities, nostalgia, and family ties. The talk contrasts Expats and Repats, highlighting their differences in cultural adaptation, costs, and motivations. It also questions whether this trend is temporary or permanent and shares successful repat examples from countries like Ireland, China, and India.

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The Rise of Repats: Understanding the Trend of Returning Russians

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Presentation Transcript

  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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