Russia Launches Subsidized Mortgages for IT Professionals

Russian IT specialists can now tap into an “IT‑mortgage” program offering up to ₽18 million in financing at a fixed 6 percent rate, designed to retain and grow the country’s digital talent pool

A Mortgage Tailored for IT Talent

In 2025, the Ministry of Digital Development of the Russian Federation reported that participation in the IT‑mortgage program more than doubled, with over 6,000 companies now registered as eligible employers. Under the state‑backed scheme, information‑technology workers may secure a loan for purchasing or constructing new housing anywhere in Russia—excluding Moscow and Saint Petersburg—with interest firmly fixed at 6 percent for the entire repayment term.

Breaking Down the Terms

• Loan Ceiling: Up to ₽18 million per applicant.

• Eligible Properties: Only newly built residential units qualify.

• Regional Top‑Ups: In regions offering additional support measures, borrowers can benefit from further rate reductions.

• Nationwide Access: Applications are accepted across all federal subjects except the two largest cities, ensuring broad geographic coverage.

Analytics and Impact on the Workforce

By locking in a competitive 6 percent rate, the program shields IT professionals from market volatility and high urban housing costs, effectively lowering one of the largest barriers to talent mobility. Early metrics suggest that this targeted housing support may reduce turnover among skilled developers by up to 10 percent annually, while stimulating demand in regional construction sectors.

With Russia’s IT sector expanding at double‑digit growth rates, the IT‑mortgage initiative represents a strategic investment in human capital. By coupling generous loan limits with built‑in incentives for regional employers, the government aims not only to stabilize the existing workforce but also to attract specialists to emerging tech hubs, fostering more balanced national development.