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Foreigners buy Latvia property for right to stay
Published Wed, Sep 24, 2014 · 04:00 PM
[RIGA] Foreign investors have paid about US$1 billion buying up properties in Latvia in order to obtain temporary residence permits in the Baltic country, according to a report drawn up by the Latvian Interior Ministry.
The total value of property transactions related to the acquisition of residence permits in Latvia from July 1, 2010, to June 30, 2014, has come to 837.5 million …
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