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Russians 3rd Biggest Real Estate Buyers in Italy

Published: July 4, 2014 (Issue # 1818)



  • Italy remains a popular destination for Russian tourists and home buyers.
    Photo: Giuseppe Milo / Flickr

Russians make up the third-largest group of foreigners who buy real estate in Italy, after Germans and Brits, and Russia's souring relations with the West seem to have had no bearing on the rising number of Russian tourists, the Italian ambassador to Russia said in an interview published Thursday.

The share of Russians among foreign real-estate owners increased from a mere 2 percent in 2005 compared to 13 percent last year, Ambassador Cesare Maria Ragaglini told Interfax.

"As far as regulations go, Italy is a very progressive country and Russians are guaranteed the same rights as Italians," Ragaglini was quoted as saying. He added that the rules were not going to change despite Western sanctions brought against Russia for its policies in Ukraine.

The number of Russians visiting Italy increased by 18 percent in the first three months of this year, Ragaglini told Interfax, presumably comparing to the same period in 2013. The number of visas issued to Russians has also increased by about 14 percent, he said.

Ragaglini said that the cooling of Russia's relations with the West was unlikely to affect the flow of tourists, though the Ukrainian crisis and weakening of the ruble might.

He credited Italy's practice of issuing tourist visas faster than many other nations with the continued flow of vacationers, adding: "I think a majority of Russians would not turn down a vacation in Italy," Interfax reported.





 


ALL ABOUT TOWN

Friday, Oct. 31


Put your grammar and logical thinking to the test in a fun and friendly environment during the British Book Center’s Board Game Evening starting at 5 p.m. today. The event is free and all are welcome to attend.



Saturday, Nov. 1


The men and women who dedicate their lives to fitness get their chance to compete for the title of best body in Russia at today’s Grand Prix Fitness House PRO, the nation’s premier bodybuilding competition. Not only will men and women be competing for thousands of dollars in prizes and a trip to represent their nation at Mr. Olympia but sporting goods and nutritional supplements will also be available for sale. Learn more about the culture of the Indian subcontinent during Diwali, the annual festival of lights that will be celebrated in St. Petersburg this weekend at the Culture Palace on Tambovskaya Ul. For 100 rubles ($2.40), festival-goers listen to Indian music, try on traditional Indian outfits and sample dishes highlighting the culinary diversity of the billion-plus people in the South Asian superpower.



Sunday, Nov. 2


Check out the latest video and interactive games at the Gaming Festival at the Mayakovsky Library ending today. Meet with the developers of the popular and learn more about their work, or learn how to play one of their creations with the opportunity to ask the creators themselves about the exact rules.



Monday, Nov. 3


Non-athletes can get feed their need for competition without breaking a sweat at the Rock-Paper-Scissors tournament this evening at the Cube Bar at Lomonosova 1. Referees will judge the validity of each matchup award points to winners while the city’s elite fight for the chance to be called the best of the best. Those hoping to play must arrange a team beforehand and pay 200 rubles ($4.80) to enter.



Tuesday, Nov. 4


Attend the premiere of Canadian director Xavier Dolan’s latest film “Mommy” at the Avrora theater this evening. The fifth picture from the 25-year-old, it is the story of an unruly teenager but the most alluring (or unappealing) aspect is the way the film was shot: in a 1:1 format that is more reminiscent of Instagram videos than cinematic art. Tickets cost 400 rubles ($9.60) and snacks and drinks will be available.



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