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Prohibition for citizens of Russia and Belarus from acquiring real estate in Latvia
...countries, from acquiring real estate in Latvia. The law establishes that henceforth in Latvia it is prohibited to acquire real estate, participate in auctions for the sale of real estate,...
Real estate transactions
...of real estate transactions, real estate inspection (ownership, pledge, burdens, seizure) before making a transaction, verification of powers of attorneys-in-fact and executive officers, identification of potential risks and proposal development...
I am planning to buy real estate in Riga or Jurmala with the purpose of further obtaining a residence permit in Latvia. What should I take into account when looking for such a real estate?
There are criteria that must be taken into account when searching for real estate in Riga or Jurmala in order to subsequently obtain a residence permit in Latvia:• Real estate...
How fast can you lose real estate if the debt is secured by a mortgage
...real estate appraisal from a certified appraiser to determine the value of the forced sale of the real estate. The creditor and the debtor are informed about the appraisal, explaining...
Is there any deadline for filing documents for registration of ownership rights of real estate after signing a purchase or donation agreement?
The procedure for registration of ownership rights of real estate is established by the Law of the Republic of Latvia “On the Land Register” and subordinate legislation (regulations of the...
Obtaining a residence permit in Latvia in a time of pandemic
...connected real estate object (with the exception of undeveloped land) worth at least 250,000 euro, which meets the following requirements: a) there is no real estate tax debt;b) payment of...
Obtaining residence permits – practice overview
...a mortgage in order to buy real estate. However, Office of Citizenship and Migration Affairs, as well as the drafters of the amendments suggest avoid buying real estate in consideration...
Charges and their amounts during the registration of the real estate property in the Land Register
...the cost of the real estate property (in lats), but not more than 30000 LVL. The donation of property – 3% from the cost of the real estate property (in...
The legal way to reduce the capital gains tax as a result of the sale of inherited real estate
...inherited real estate can be approximated or evened with its market value and, as a result of the further sale of real estate, it’s possible either to eliminate the tax...
The most popular grounds for obtaining a residence permit in Latvia
...the real estate, a foreigner must acquire in one of the large cities of Latvia one functionally connected real estate object (with the exception of undeveloped land) worth at least...