Expert opinion

Priorities for steady economic growth in Latvia are increasing the volume of investments and decreasing unemployment

For country’s economics steadily growth and achieving the average level of EU economics, we have to increase productivity, volume of investments and prevent labor deficit. By stopping or limiting existing investment attraction programs, the economics will experience nosedive, says board member of Economists Association 2010, Mr. Edmunds Krastins.

Those who hanker for residence permit will have to buy property for at least 250 thousands euro

The parliament today at final reading confirmed amendments in Immigration law, that prescribes to enlarge the minimal purchasing value of real estate up to 250 thousand euro, in order to obtain a temporally residence permit.

Initial amendments in Immigration law, which was signed in for second reconsideration for President of Latvia Mr. Andris Berzins, prescribed 150k. Euro limit for these transactions. The Parliament decided to increase the limit, and agreed to abjure from previously provided quota system.

Expert opinion

Priorities for steady economic growth in Latvia are increasing the volume of investments and decreasing unemployment

Those who hanker for residence permit will have to buy property for at least 250 thousands euro

Partners

COOPERATION WITH INTERBALTIJA

Expert opinion