The Cabinet supports the initiative of the Ministry of Justice to reduce the State fee for acquisition of a dwelling for large families for four times 22.08.2017


Today, on 22 August, the Cabinet supported the draft regulations, elaborated by the Ministry of Justice, providing to reduce the State fee for corroboration of the property rights in the Land Register for a large family for four times - to determine 0.5% instead of the current 2%.

The minister of justice Dzintars Rasnačs emphasizes that the state should provide broad support measures for large families, including a significant support for families with children for acquisition of their own dwelling. At the same time Dz.Rasnačs indicates that strong large families are the best investment into the future of Latvia.

The need for a dwelling is one of the basic needs of a human. Although a stable increase is to be observed in the national economy of Latvia during recent years, acquisition of a dwelling, in particular for large families, is financially difficult, which may be affected also by the amount of the State fee for corroboration of the property rights in the Land Register.

After the amendments coming into force for a large family, if it, for example, will acquire the immovable property in the value of 60000 euros, the State fee in the amount of 300 euros will have to pay, instead of the current 1200 euros .

 

It is possible to become acquainted with the draft regulations HERE!

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