russian citizens

Impact of Russian migration on Serbia’s economy and society amid the Ukraine war

The war in Ukraine has significantly impacted Serbia, particularly through the arrival of around 110,000 Russian immigrants, up from approximately 10,000 before the war. This migration, primarily due to fear of mobilization and Western sanctions, has led to an increased demand for real estate, creation of a new market, and a new social ecosystem. Russians have established a microcosm in Serbia, with businesses, cafes, and services catering to their community. A significant number of Russians work in the IT sector,…