Monday, August 13, 2007
Many Russians buying medieval castles in France
Owning a medieval castle in Europe is too expensive for most Europeans, but it seems like a good investment for growing numbers of Russians. More and more are settling in France, where they have the choice of some 12 thousand antique estates. Several dozen Russians have purchased French castles in the past two years. Yet many of them choose not to save on taxes, keeping their luxurious homes for themselves alone, rather than opening them to the public.