10 Reasons to Invest  i n Latvia Property Part 1
Reason # 1 <ul><li>Real estate investing per se has always been an attractive opportunity to build a fortune. It is well-k...
Reason # 1 <ul><li>The ‘buy and hold’ approach might be  an   excellent option. You might like to buy a piece of real esta...
Reason # 1 <ul><li>Meanwhile you might like to rent the property to tenants in order to cover your expenses while waiting ...
Reason # 1 <ul><li>In case you buy a plot of land, you might consider acquiring the so-called ‘house on wheels’ that is ch...
Reason # 1 <ul><li>And the best of all that purchasing a plot of land gives you a breathtaking chance to build your dream ...
Reason #  2 <ul><li>Within the last two years Latvia property market reached its bottom: for instance, compared with the m...
Reason #  2 <ul><li>According to some market analytics, the significant rise of prices will be observed at the beginning o...
Reason #  2 <ul><li>In other words, it is high time to take advantage of the situation and purchase Latvia property till t...
Reason #  3 <ul><li>According to new amendments to the Latvian immigration law approved on  1 July 2010, a foreigner who a...
Reason #  3 <ul><li>LVL 100 000 (appr. EUR 143 000) in Riga, the capital of Latvia, or in Riga planning region consisting ...
Reason #  3 <ul><li>Accordingly, in case you are interested in the acquisition of property in the European Union, buying L...
Reason #  3 <ul><li>In addition, since on 21 December 2007 Latvia joined the Schengen zone, non-EU residents who own Latvi...
Latvia Property <ul><li>You might like to learn about the other seven reasons for investing in Latvia property  </li></ul>...
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10 Reasons to Invest in Latvia Property - Part 1

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This is Part 1 of the presentation that highlights ten reasons why you might like to invest in Latvia property. Visit our website http://latviaproperty.weebly.com for more information on Latvia property, Latvia, Riga and Jurmala.

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10 Reasons to Invest in Latvia Property - Part 1

  1. 1. 10 Reasons to Invest i n Latvia Property Part 1
  2. 2. Reason # 1 <ul><li>Real estate investing per se has always been an attractive opportunity to build a fortune. It is well-known that property ordinarily gains value over time unlike many other investments that may rise and fall quickly and without warning. </li></ul>
  3. 3. Reason # 1 <ul><li>The ‘buy and hold’ approach might be an excellent option. You might like to buy a piece of real estate and to resell it later on at a double or even at a triple price. </li></ul>
  4. 4. Reason # 1 <ul><li>Meanwhile you might like to rent the property to tenants in order to cover your expenses while waiting for the right time to resell it. </li></ul>
  5. 5. Reason # 1 <ul><li>In case you buy a plot of land, you might consider acquiring the so-called ‘house on wheels’ that is cheap, movable and comfortable at the same time. </li></ul>
  6. 6. Reason # 1 <ul><li>And the best of all that purchasing a plot of land gives you a breathtaking chance to build your dream house when you are limited only by your own imagination. </li></ul>
  7. 7. Reason # 2 <ul><li>Within the last two years Latvia property market reached its bottom: for instance, compared with the middle of 2007, by the end of 2009 the prices for flats and houses had dropped for 50-70 per cent. </li></ul>
  8. 8. Reason # 2 <ul><li>According to some market analytics, the significant rise of prices will be observed at the beginning of 2011. </li></ul>
  9. 9. Reason # 2 <ul><li>In other words, it is high time to take advantage of the situation and purchase Latvia property till the second quarter of 2011. </li></ul>
  10. 10. Reason # 3 <ul><li>According to new amendments to the Latvian immigration law approved on 1 July 2010, a foreigner who acquires real estate in Latvia is entitled to receive temporary residence permit for a period of 5 years in case he/she purchases property for the sum of not less than </li></ul>
  11. 11. Reason # 3 <ul><li>LVL 100 000 (appr. EUR 143 000) in Riga, the capital of Latvia, or in Riga planning region consisting of Jurmala, Riga district, as well as the districts of Tukums, Ogre and Limbazi or </li></ul><ul><li>LVL 50 000 (appr. EUR 71 500) outside Riga and Riga planning region. </li></ul>
  12. 12. Reason # 3 <ul><li>Accordingly, in case you are interested in the acquisition of property in the European Union, buying Latvia property is not a bad option at all. </li></ul>
  13. 13. Reason # 3 <ul><li>In addition, since on 21 December 2007 Latvia joined the Schengen zone, non-EU residents who own Latvia property are entitled to acquire a Schengen visa for 5 years that allows them to freely and easily travel to all EU countries. </li></ul>
  14. 14. Latvia Property <ul><li>You might like to learn about the other seven reasons for investing in Latvia property </li></ul><ul><li>a t http://latviaproperty.weebly.com/latvia-property-investment-reasons.html </li></ul>

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