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 buy or sell a house in the Baltics (Estonia, Latvia, Lithuania), please contact our experts and visit the following page for more information:
If you are interested to find more about residence permit in the Baltics, please do not hesitate to contact our lawyers at info@gencs.eu.
T: +371 67 240 090
F: +371 67 240 091