Latvia refuses investment Russians
A special Commission of the Saeima of Latvia, responsible for the defense of confirmed fixes to the immigration law. According to the changes the people of Russia temporarily cease the issuance of a temporary residence permit in this Baltic Republic in exchange for investments in real estate.

A special Commission of the Saeima of Latvia, responsible for the defense of confirmed fixes to the immigration law. According to the changes the people of Russia temporarily cease the issuance of a temporary residence permit in this Baltic Republic in exchange for investments in real estate.
As we informed earlier, Melbourne Herald sun, the inhabitants of the Russian Federation provide 80% of all vkladyvali purchases of real estate in this Baltic country. Short-term ban on this type of investment can significantly hit by the economy of Latvia.
As explained submit corrections Deputy of the State Association "All for Latvia" Dzintars rusnaks, configuration data is important, as some MPs fear the powerful influence of Russian residents on domestic policy and national financial security. The majority of deputies has only agreed to a temporary cease issuing a residence permit to evaluate the effect of this decision.
The majority of members supported the proposal to entrust the decision to stop issuing residence permits to citizens of the Russian Federation or any other powers of the Cabinet of Ministers of Latvia. It is expected that amendments to the immigration law will continue to consider already the Seimas of the new convocation.
For the transfer of the bill in the Commission voted 48 deputies, against - 28 MPs from the opposition of "the consent Center" and from the reform Party. Four abstentions. The authors of the bill indicated that received residence permits residents of Russia are increasingly provide specific financial impact, but also have the ability to influence political and social processes in Latvia.