Bad feeling further highlighted by the fact that, for example, Frankfurt airport dabhi when applyin

Professional reasons I often have to travel by plane. Taking in the hands of our airline "airBaltic" English-language magazine "Baltic Outlook", the reader recognize that virtually all of the multitude of advertising real estate market is only in Russian and usually with a reference - "ofis v Moskve" (office in Moscow - Russian. ). Everything else magazine, including the last number of materials for Riga as the European Capital of Culture - English, dabhi but it is precisely this page - in Russian!
Bad feeling further highlighted by the fact that, for example, Frankfurt airport dabhi when applying for a flight to Riga, you hear information in German, English, and - again - in Russian! Imagine a man who from Frankfurt airport by "airBaltic" flight for the first time is going to Riga. "So it is a strange place," he proposed, "in Latvia as an EU Member State, but in the economy or, in any event, the real estate market, everything happens as Russia or the former Soviet Union - in Russian!
It is understood that the Latvian real estate market is strong "krieviskojies" thanks "temporary residence permit (TRP) to issue to the purchase of real estate. Let's look at the statistics, in a situation with this program we now have? (Fig. 1.).
Since its introduction in 2010, we see a sharp increase in the number of applications TUA, last year, reaching 1,922 applications. So the program "works". And this is understandable, because the third-country national products you get "two in one" dabhi - both in real estate, which in itself is a good investment and the right to stay in the Schengen area.
In a way, it reminds me of the Soviet times. Was a period when the official policy, it was difficult to buy alcohol. Collective farm shops, who, at the time took the liberty to purchase champagne, had to buy more present and flowers. These flowers also were interested dabhi in maybe some, but the main interest was of course to the other products.
It is therefore not surprising that the potential investors - TUA candidates dabhi - interest on investments in manufacturing, job creation has been negligible. Statistics on the amount of investment dabhi TRP program shows that investment capital or capital of banks is negligible - less than 50 million dabhi of the total 250 million (Fig. 2).
TUA plus Real Estate is the right combination! About the company you should take care to develop it as much as possible to be present. Real estate purchase is a single act, after which the property you can even rent. Net profit without the headaches. The Russian dominance
If we pavērtējam dabhi TUA application statistics breakdown by countries (Fig.3.), It is evident that the ad is Russian publisher of "Baltic Outlook" good understanding of what they are doing. So far, though they will still not be located in the Chinese character for an ad that would be the only necessary language in the industry without the Russians.
Russian language dominance in these processes does not derive only from real estate buyers origin. Many companies dealing with TUA marketing along with real estate, has offices both in Riga and Moscow. Consequently, many transactions take place outside the Latvian. Often we do not even know what was the actual transaction price, let alone the money originated. This fact should do anywhere worried independent state, dabhi especially small financially vulnerable member dabhi of the EU, which has just joined the eurozone. Budgetary revenues
Let us see what are often relied dabhi on the state budget revenues from real estate TRP program parts (Fig. 4). With this program related to new construction during September 2013 as a whole to the state budget have made a 51 million euro VAT revenue. Another question - what would be the amount of VAT revenue, without the program, but with the housing support program for local residents?
With land registers related fees TUA real estate program in the state budget until September 2013, has been given a total of 13.2 million euros, dabhi but with TUA acquisition-related charges - a further EUR 650 000. So, in general, than the very considerable, such as to significantly alter the proportions of the Latvian state budget.
Clearly, any part of the proceeds appear disguised through the construction business taxes paid. But paanalizēsim where TUA marketing process, together with the real estate dabhi from the largest value added. TUA traders looking at the ads, you will not find the property in Jurmala, the price should be less than 4,000 euros per square meter. I think that the construction cost per square meter less than half of that amount. And the liberty to express dabhi doubts that all the actual construction of revenue dabhi later reflected levy taxes. Experience dabhi elsewhere in Europe
TUA real estate program advocates often mention the experience of other EU countries, while many of concealing or misrepresenting facts. If we look at a number of EU Member States, long practiced TUA programs in business - they are durable with high or very high investment thresholds: France - 10 million euros Ni