London's Decaying Oligarch Villas: A Legacy of Golden Visas (euobserver.com)
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- Sanctions have led to decay of oligarch-owned luxury properties in London.
- Golden visas and deregulation once attracted Russian capital.
- Despite reforms, London still attracts opaque wealth.
"Once a haven for Russian oligarchs, London's luxury 'Moscow-on-Thames' has become a graveyard of frozen assets. Billions in property are falling into disrepair due to post-2022 sanctions. Experts warn that despite transparency reforms, London remains a global playground for opaque wealth."
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