Is it possible to purchase Latvian real estate by paying in rubles without traveling to Latvia?
Yes, this type of purchase is possible, and we have completed such transactions.
Important condition - the seller and buyer must be citizens of the Russian Federation, currency and tax residents of the Russian Federation.
In this case, all payments must be made only in rubles, and only within the territory of Russia.
Main stages of the transaction:
- We find a suitable property. If for personal residence - we can send you detailed photos and videos.
For example, photos and videos of an apartment, house, and surroundings.
- If for rental - we can additionally send photos of important "infrastructure facilities" - public transport stops, shops, and so on.
- We agree on purchase conditions - purchase price, payment deadline, payment mechanism, and so on.
- Next, our company's lawyer will prepare a purchase agreement in two languages - Latvian and Russian.
- The buyer and seller sign the agreement in Russia. The buyer transfers the purchase amount in rubles to the seller's bank account.
- Both parties send powers of attorney with Apostille to Latvia.
- Our company's lawyer signs the necessary documents at a notary.
- The buyer pays "registration fees" from a Russian bank account for registering the right of ownership.
- Then we submit documents to the "Land Register," the registration body, and register the buyer's right of ownership.
- After completion of the transaction, we can also "renegotiate" utility agreements for electricity. If this is income-generating property - we renegotiate rental agreements.
The tenant can transfer rent to an account in a Russian bank.
All actions can be coordinated "remotely" - by email, via WhatsApp / Skype, without traveling to Latvia.
In this way, by settling in a convenient currency, without financial and time expenses for traveling to Latvia, you can become the owner of real estate in Europe.
If you want to purchase a quality property, and individual approach is important to you, if you want to communicate with a realtor and lawyer in your native language, contact our company KOM-INVEST! We will be happy to select a suitable property, answer all your questions, draw your attention to significant nuances, complete the transaction, arrange a residence permit, and manage your property.
For more detailed information about obtaining a residence permit in Latvia, see here in different sections.
Have questions? We look forward to your email or call!
Phone number: +371 29774775
Email: info@kominvest.com
Skype: KOM-INVEST