Until April 15, 2011, residence permits were issued to 532 foreigners, including 355 – in exchange for real estate investments.
According the Office of Citizenship and Migration Affairs (OCMA) public relations head Andrejs Rjabcevs, nearly 25 850 000 lats have been invested in real estate, while slightly more than half a million lats in capital companies and 13 500 000 lats in banks subordinated capital, reports Db.lv.
Source: http://bnn-news.com/25-million-lats-invested-real-estate-exchange-residence-permits-24831