Foreigners are lured to Andrejsala for residence permits

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LTV Ziņu dienests

Published on Jun 2, 2024
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A week ago, the vision for the development of Riga Daugavmala was presented, for which an Arab investor is ready to give money, and a company related to the families of ex-prime minister Andras Škēles and Saeima member Ainārs Šlesers is ready to give the land. The implementers of the more than 50-hectare Andrejsala construction project "Riga Waterfront" have already begun to attract potential residence permit enthusiasts. Foreigners are offered the opportunity to obtain a residence permit in Latvia and the European Union in exchange for an investment of 250 thousand euros. ** It is clear that this Riga City Council will not be able to get seriously involved in the "Riga Waterfront" project during the rest of the year, if it really moves forward. The decisions of the next convocation will be much more decisive. Therefore, Ainārs Šlesers might be interested in running for Riga City Council himself. He told us that he has not made a decision yet.

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