.8 million Russians have bought real estate internationally in less than a decade. Moscow alone boasts over 250,000 millionaires with another 100,000 in St Petersburg. The average age of this buyer is 42. Their income averages $223,000 annually and they own 2 or more properties. Their median worth in cash reserves is $1,500,000. 62% are planning to purchase internationally with United States ranking number 2 in buying priority after Spain. 53%of Russian buyers who responded to detailed questionnaire are interested in purchasing a second home while 42% are interested in investment property including possible rentals.
The Russian language is the sixth most widely spoken language in the world, following Mandarin, English, Hindi/Urdu, Arabic and Spanish. It is also one of the United Nations' six main languages.
Runet, leading Russian internet portal, has 40 million users, or 28 percent of the population. Russian sites do $3 billion in annual transactions.
Russia ranks 6th to 7th in the number of domain names ( .ru) in the world, having reached one million in September 2007, and two million at the beginning of 2009. The first .ru website in Russian was registered 15 years ago.
Russian-language online advertising is expected to grow by about 50% each year - reaching $1 billion by 2010.
57% are interested in a price range to $360,000 and 28% want to spend up to $1,300,000. 15% are interested in properties OVER $1,300,000.
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