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Lloyd’s Capital to Acquire All Shares in the Gateway Narita Project
The city of Venice, Italy, will start the trial collection of entry fees on April 25, 2024, as a measure against overtourism.
The fee will be primarily levied on weekends from late April through July, a period predicted for heavy congestion, and will apply to 29 days throughout the year. Day-trippers visiting Venice will need to prepay 5 euros for entry to the old city between 8:30 am and 4 pm. Payments can be made through a multilingual app developed by Venis Spa, after which a QR code is obtained for entry.
Exemptions and exclusions apply to several groups including those staying overnight in Venice, children up to the age of 14, residents of the Veneto region, inhabitants of Venice, workers including commuters, students, people requiring assistance, individuals participating in sports events, and on-duty police officers.
Those who enter the city without paying the fee may face fines ranging from 50 to 300 euros, in addition to a 10 euro entry tax. False declarations or the creation and use of false documents may result in criminal or special law penalties.
Venice will launch an international awareness campaign in January next year to promote the new tax.