A tiny beach town north of Miami is home to a large concentration of Russians, but Little Moscow isn't the only place this wealthy set calls home.
As President Joe Biden targets Russia's elite and their families with sanctions that aim to minimize their financial footprint, pockets of Georgia and New York may also be worried about their assets.
Sprinkled throughout the US, Russians account for 0.8% of all foreign buyers who purchased US residential property from April 2015 through March 2021, the National Association of Realtors said. Although small in number, they spend more on their home purchases than any other foreign demographic, and most already hold US visas.
"Foreign buyers, including those from Russia, find the US an attractive destination because of the appeal of the property locations to the buyers and because of stable capital-appreciation returns," said Gay Cororaton, NAR's senior economist and director of housing and commercial research. She added that US home prices rose annually over the past 10 years.
Obviously, not all Russians in the US are wealthy, are oligarchs, or support Putin's attack on Ukraine.
Here's what the typical Russian homebuyer is like in the US.