Integration monitor

Integration monitor is a daily Latvian press digest on ethnic minority and society integration issues. The Monitor reviews the biggest Latvian dailies: Diena, Latvijas Avize, Neatkariga (in Latvian language), Vesti Segodnya (in Russian language). In specific cases other information sources are used. Latvian Centre for Human Rights is not responsible for information published by the media.

Сен. 10, 2013

  • State budget gained 145 millions from the temporary residence permits’ program

According to a study conducted by an international audit and business consulting company “Deloitte”, the total contribution of the temporary residence permits’ program into the state budget since the launch of the program on June 2010 until May 2013 was 145 million lats (207 million euros). The direct contribution into Latvian economy only from investments in the real estate with an aim to receive residence permit was 325 million lats (464 million euros). But the total contribution taking counting purchase of real estate and additional expenses related to residence of investors was 545 million lats (776 million euros). “Deloitte” also counted that the temporary residence permits’ program might bring to Latvia investments in amount of 1,24 billion lats (1,77 billion euros) during five years period. Diena, Vesti Segodnya

 

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