The study analyzed modern specifics of non-CIS migration processes in Russia. In the Soviet and post-Soviet period of the country's development, five emigration waves have been identified. The study examined the factors explaining the dynamics of migration exchange between the Russian Federation and non-CIS countries. Of particular importance at the present stage are the geopolitical, ethnic, socio-economic, moral and psychological factors of external migration. We analyzed the migration dynamics between the Russian Federation and non-CIS countries using specific statistical. The main recipient states of Russian emigrants include Germany, Israel, and the USA. We considered the essence, causes and consequences of the "brain drain" for the economy of the Russian Federation and the selective selection of immigrants from the former Soviet republics of the USSR in the USA, as well as in the states of the European Union. We have identified and examined the fifth migration wave associated with the conduct of a special military operation in Ukraine and the unprecedented sanctions policy imposed by the West. The study found a significant reduction in irrevocable emigration from Russia and immediate prospects for establishing a positive migration balance with all countries with a developed market economy.