Buy or sell property in order to gain a residence permit in the Baltics
Buying property in the Baltics will qualify you for a residence permit in the country. For example purchase of a property will qualify you for receiving a residence permit in Latvia under following conditions. Upon obtaining a temporary residence permit in Latvia you will have an advantage to reside in Schengen countries up to 90 days within half a year with no additional VISA. You can apply for a Latvian residence permit if you purchase and own a real estate worth over 250 000 EUR. The property shall be bought by you as an individual.
With investment in real estate gaining popularity in Lithuania and Swedbank´s recent offer in Latvia to offer mortgage loans of up to 12,000 EUR without down payment, it seems like a perfect time to purchase real estate in the Baltics. Baltic countries are also one of the fastest growing economies in the EU-area, which makes investments in real estate profitable in the region. Are you interested to buy or sell a house in Estonia, Latvia or Lithuania? Please check a new website Baltic Real Estate which offers our clients high quality services in real estate offers searching and market consultations.
If you are interested to find more about residence permit in the Baltics, please do not hesitate to contact our lawyers at email@example.com.
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