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Buying and Selling Real Estate in Latvia (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - I. STANDARD FORMS OF AGREEMENT - A. Offer to Purchase sets forth Buyer's offer of price and date for closing. Seller may accept or reject. B. The purchase contract sets forth the terms of purchase and sale, including other things - participants in the transaction, price, allocation of costs of the transaction, settlement procedure, date for closing, encumbrance, and default provisions, and transfer of ownership. Please see full Chapter below for more information.
- New Procedure For Issuing Residence Visas
- New Online Immigration Tool
- Updated Procedures For Issuance Of Residence Permits
- Measures Introduced To Reduce Identity Card Processing Times
- Digital Nomad Visa Launched
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Establishing A Business Entity In Latvia (Updated)
1. Types of Business Entities - Foreign investors may choose from the types of business entities: • Limited liability company • Joint stock company • Individual merchant • General partnership • Limited liability partnership • Branch • Entities under European Law • Representative office The most common types of business entities in Latvia are limited liability company and joint stock company. Please see full Chapter below for more information.
- Vaccination Certificate Validity Changed
- Vaccination Certificate Validity Changed
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Buying and Selling Real Estate in Latvia (Updated)
KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER LATVIAN LAW - I. STANDARD FORMS OF AGREEMENT - A. Offer to Purchase sets forth Buyer’s offer of price and date for closing. Seller may accept or reject. B. The purchase contract sets forth the terms of purchase and sale, including other things - participants in the transaction, price, allocation of costs of the transaction, settlement procedure, date for closing, encumbrance, and default provisions, and transfer of ownership. Please see full Chapter below for more information.