Source: The Real Deal —
As sanctions intensify against Russia in response to its invasion of Ukraine, so has scrutiny of Russian wealth in America, from yachts, jets and businesses, to, of course, real estate. The U.S. government is moving to freeze the assets of sanctioned Russian businesses and oligarchs, and elected officials are calling for the outright seizure of properties.
“We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets,” President Joe Biden said Tuesday, addressing Russian oligarchs in his State of the Union speech Tuesday. “We are coming for your ill-begotten gains.”