Still, many Russians are suspicious of the government’s offer. For good reason. During Russia’s privatization phase in the 1990s, each citizen was issued a voucher for shares in government-owned enterprises. Very quickly, most of these shares ended up in the hands of a few people who became billionaires. Some suspect that this may be another such scheme to enrich a few well-connected Russians, who would buy up the land and bring in Chinese laborers.
Michael Khodarkovsky: So much land, too few Russians
Looking to become a homesteader these days? As of May 2, a new Russian law provides for a free land grant of 2.5 acres to any citizen willing to move to a vast territory along Russia's Pacific Coast and China's border. This is Russia's Wild Far East, at 2.4 million square miles almost three times the size of Alaska, Washington State and Oregon combined, but populated by merely 6.3 million people.