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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

Wednesday, Sept. 17


AmCham’s Investment and Legal Committee Meeting convenes this morning in their office in the New St. Isaac Office Center at 9 a.m.


Learn more about the science of teaching English at today’s EFL Seminar hosted by the British Book Center. Revolving around the topic of learning styles, the workshop will help attendees better understand the different effective learning methods that can be implemented to learn English more effectively.



Thursday, Sept. 18


Get your nerd on at Boomfest, St. Petersburg’s answer to the United States’ popular ComicCon. Starting today, this international festival of comics will take over venues throughout the city center and includes exhibitions of comics and illustrations, film screenings, competitions and the chance to meet the genre’s authors, artists and experts.



Friday, Sept. 19


SPIBA’s newest addition to their Cultural Discoveries events is “Handmade in Germany,” an exhibition featuring unique handmade objects of a significantly higher quality than mass-produced items. The work of over 100 German manufacturers will be displayed during the event, which opens today in the Lutheran Church of Saint Peter and Paul on Nevsky Prospekt and runs through Sept. 28.



Saturday, Sept. 20


Starting on Sept. 18 and ending tomorrow is the Extreme Fantasy Wakeboarding Festival in Sunpark by Sredny Suzdalskoye lake in the Ozerki region of the city.


Those after something more laid back can instead head to Jazz and Wine night at TerraVino with legendary jazz guitarist Ildar Kazahanov. 12/14 Admiralteyskaya Emb.



Sunday, Sept. 21


Learn more about African culture and get some exercise during today’s “Djembe and Vuvuzela,” a bike ride starting in Palace Square that includes several stops where riders can listen to the music of Africa or watch short films about the continent. The riders plan to set off at 4 p.m. and all you need to join is a set of wheels.



Monday, Sept. 22


Do you love puppetry? If so, then be sure to go to BTK-Fest, a five-day festival that starts on Sept. 19 celebrating the art. Contemporaries from France, Belgium, the U.K. and other countries will join Russian artists to put on theatrical performances involving a variety of themes, materials and eras. Workshops and meetings are also scheduled for a chance to discuss the artistic medium in further depth.



Tuesday, Sept. 23


Marina Suhih, Director of the External Communications Department at Rostelecom North-West, and Yana Donskaya, HR Director for Northern Capital Gateway are just some of the confirmed participants of today’s round table discussion on “Interaction with Trade Unions” being hosted by SPIBA. Confirm your attendance with SPIBA by Sept. 22.


Kino Expo 2014, an international film industry convention, will be at LenExpo from today until Sept. 26. The third largest exhibition of film equipment in the world, the expo focuses on not only Russia but former Soviet republics as well.



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