lifejacketjunky
25 Broadway St, New York, 10004
In order to apply for a residence permit in Latvia based on financial investment in a bank you need to place with a bank at least EUR 280,000 in the form of subordinated capital and pay a state fee of EUR 25 000 to the government. The subordinated capital is funds that the bank is borrowing from a customer for a term of at least 5 years (Like a Corporate Bond – but where the corporation is a bank). http://www.immigration-residency.eu/residence-permit-latvia/bank-deposit/
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