Month: August 2010
Excerpt from the Baltic-Course.com
The Office of Citizenship and Migration Affairs (OCMA) in Latvia has received the first requests for temporary residence permits in Latvia based on the recent amendments to the Immigration Law.
Two of the three applicants have acquired property in major Latvian cities with a value of at least LVL 100,000, while the third has invested at least LVL 25,000 in the share capital of a Latvian company. As Rjabcevs notes, the person in question had invested the said funds before the amendments to the Immigration Law came into force on July 1.