More than 130billion roubles invested in special gambling zone to lure wealthy Asian tourists to Russia, complete with its own beach, marina and ski area.
US, British, German and Australians not permitted ashore in the remote Bay of Providence.
The development is in an area of the world that claims to have one of the highest number of sightings of a legendary creature also known as Bigfoot.
Getting to Siberia for foreigners has never been easier.
The beaches here are thronged with sun-seekers, children paddle in the warm waters — even the babushki are relaxed.
Dmitry Medvedev promises economic and military development of territory disputed since the end of World War Two.
Foreign visitors transiting on Russian airlines will be able to stay for 72 hours without documents as part of move to help boost tourism and economy.