Publication

Have an insight on the Latvian real estate market, including recent market activity, legal framework and most commonly used deal structures, and also general insight into tax considerations in the latest edition of the Real Estate M&A and Private Equity Review, a chapter on Latvia contributed by VILGERTS lawyers Gints Vilgerts and Linda Berzina. To sum it up, the Latvian real estate market is a traditional market with standard transactions, and in recent years, market activity has been stable with some globally recognised investors entering the market for the first time. Because of high real estate transfer tax, most high-value transactions are engineered as sales of shares after an in-kind investment of the real estate into the share capital of the target company. Read the chapter about Latvia here.