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BalticLegal

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Acquisition of a residence permit based on investment a Latvian bank is often a superior option for those who are looking to obtain a residence permit while ensuring a stable investment with a guaranteed return, rather than exposing themselves to the possible variable gains sometimes seen when investing in real estate. Statistics show that this type of investment is generally a less common way to obtain a residence permit when compared to purchasing real estate, however, there are several peculiarities of the scheme available in Latvia that makes this option the best solution for some investo
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Human resources of Latvia, as is true with any country, are defined by its population. The total population of Latvia is approximately 1 986 000 people. Out of them, the working age population, that is people from 15 to 64 years old, is roughly 64% - 1 271 040 people. Approximately 14% are children under the age of 15 - 278 040 people. The rest of them, 22%, are the retired or pensioners - 436 920.

The unemployment rate in Latvia is approximately 9.5% (2016). This means that out of 1 271 040 people 90.5% are working - 1 150 291 people. These are the same people who could be considered cons