Buying real estate in Latvia as a means of obtaining a residence permit
In Latvia, the demand for rent is increased every year, and accordingly the price increases.
An important advantage of buying real estate in Latvia is the fact that by becoming the owner of the Latvian apartments, the buyer, as well as his family members have the right to get a residence permit in Latvia.
And this immediately makes it possible to move around the Schengen Agreement without a visa execution.
The advantage of a temporary residence permit in Latvia is that its owners are not obliged to constantly live in the country’s territory for a certain period.
In order not to lose a residence permit in Latvia, it is enough to visit the country once a year and extend the document.