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Latvia is a small and cozy country on the coast of the Baltic Sea. It is a member state of the European Union, a member of WTO, and is part of the Schengen area. The country will enter the euro zone at the beginning of 2014. Lately, amid European crisis, the Latvian economy demonstrates positive dynamics, thus making it more attractive for foreign investors. The scope of foreign direct investment into the country is constantly growing.

At that, an unique nature, sea, pine trees, beautiful architecture, ranging from medieval castles and streets in Old Riga to exquisite Jugend style buildings, and friendly, reserved and unobtrusive local people will not leave you indifferent. This is a place where you will want to come back again and again.

The legislation of Latvia allows for acquisition of real estate and land by foreigners practically without restrictions, and they may later rent their property out. The process of buying and registering of real estate is well-established and simple. When a foreign citizen acquires real estate, he or she can receive a Temporary Residency Permit (RP) for five years, where RP is to be re-registered every year. Investor family members spouse and underage children also receive RP. The Temporary Residency Permit not only allows its holder to stay in Latvia but also stay in the territory of the countries in the Schengen area indefinitely. AMOKO GROUP LTD is ready to provide you with full information and a listing of services that we offer to foreigners interested in acquiring real estate, receiving RP, and organizing own business in Latvia.