The country is popular among oligarchs for reasons that go beyond its sunny climate and long Mediterranean coastline
was last seen in Tuzla before departing on April 27 for the Russian resort town of Sochi.on March 29. He has a long history in the country: Nadi Varlı toldthat his firm sold four apartments in Bodrum to members of Abramovich’s family in 2007, but it’s unclear if they still own them. One of his jets—a Gulfstream G650 registered in Luxembourg with tail number LX-RAY—flew from Israel to Istanbul on March 14 and departed for Moscow the next day.
"After sanctions were imposed on Russia, there was an explosion in the number of companies founded by [Russian] citizens in Turkey," says Sayin. His firm has received 25 requests from Russian clients seeking to open a company in Turkey over the past 25 days. "There are a lot of investors from the energy industry, but at this stage they're only making small investments because everything is uncertain,” says Sayin. “But it's going to increase.”
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