This type of deposit has a number of features that allow receiving a higher return, on one hand, but set some significant limitations in relation to early deposit withdrawals. Minimum term of this deposit is 5 years. In addition, the subordinated loan entitles citizens of foreign countries to get a residence permit in Latvia.
- Loans available in EUR
- Loan term – 5 or 7 years
- The loan agreement is non-terminable throughout its term
- Minimum loan amount: 100 000 EUR
- Minimum loan amount to get a residence permit in Latvia: 300 000 EUR
- Interest pay-out once in half-year