Way to Russia Community and Forum

If you have a question or want to help someone, please, go to
Way to Russia Forum on our Facebook page.
 
We also invite you to join our Facebook community, where you can meet other travelers and read interesting news on topics ranging from visa regulations to culture and music.
 

 

We are currently moving the old forum to Facebook, so what you see below functions as an archive.

If you have a question, please, post it on
Way to Russia Facebook Discussions Page

FAQ   Search   Memberlist   Usergroups   Profile   Log in to check your private messages   Chat   Log in

Investment Property in Baikal Lake Question.

Way to Russia Talk Lounge Forum Index -> The Rest of Russia

Author	Message
DavidC Frequent Guest Joined: 09 May 2005 Posts: 39 Location: New York	Posted: Tue May 10, 2005 3:45 pm    Post subject: Investment Property in Baikal Lake Question. A Russian scientist whom I worked with and whom I dated in the past told me that some part of the land in Baikal Lake will be on auction in a near future. She told me that I should buy it as an investment property (and she will manage it as she works near there). What are the rules and regulations of foreign ownership for the land in Russia? Also, how sound is this advice? She told me that local government is trying to develop this area as a future tourist attraction for the Westerners.
Back to top
vorteks VIP Joined: 08 Aug 2004 Posts: 571 Location: European Union	Posted: Tue May 10, 2005 4:27 pm    Post subject: I was at Baikal in June of last year, and the weather was rainy and really chilly I visited some inns around and none were busy. Baikal is a en route destination, certainly not a long term vacation destination like the black sea resorts. It s certainly a curiosity but the weather conditions and water temperature don t encourage tourists to stay for long, like they might do in the Oural for example. If you are looking for property investment, try Rumania, Bulgaria or Croatia, whose currencies will very likely be more stable for your long term stuck cash (theywill join E.C soon). People from Irkusk like to sail there on sunny days tho.
Back to top
DavidC Frequent Guest Joined: 09 May 2005 Posts: 39 Location: New York	Posted: Tue May 10, 2005 5:56 pm    Post subject: Vorteks, Thanks for the info. Can you shed some light upon foreign ownership of land in Russia? Thanks.
Back to top
Display posts from previous: All Posts1 Day7 Days2 Weeks1 Month3 Months6 Months1 Year Oldest FirstNewest First

	Way to Russia Talk Lounge Forum Index -> The Rest of Russia	All times are GMT + 3 Hours
Page 1 of 1