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Why Are Russians Buying Real Estate in Phuket?

On October 30, an Ikar Airlines jet landed at Phuket International Airport with 449 passengers on board. The flight’s arrival in Thailand marked the resumption of direct service from Moscow after a break of nearly three years and opened the floodgates to a surge of winter tourism from Russia. By late January, Phuket had welcomed 233,000 Russian vacationers, the...

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