What is FSC certification?
FSC stands for Forest Stewardship Council, an international non-profit organization established to promote responsible management of the world’s forests. The FSC certification is a voluntary, market-based tool that certifies forests and forest products according to strict environmental, social, and economic standards.
For more detailed information, visit https://fsc.org/en.
What is PEFC certification?
PEFC stands for the Programme for the Endorsement of Forest Certification. It is an international non-profit organization that promotes sustainable forest management through independent third-party certification.
For more detailed information, visit https://www.pefc.org/.
Is there a cap on the amount of hectares a foreign company can buy?
There is no limit in Estonia. In Latvia, the limit for the purchase of agricultural land is 2,000 hectares per beneficial owner. For example, if an SPV has 3 beneficial owners, the limit would be 6,000 hectares. There are no limits on the purchase of forest land.
Why is investing into Estonian farmland or forestry a good idea?
Traditionally, energy and real estate are considered inflation-resistant. Forest and agricultural properties also generate “energy,” particularly in today’s context where this often refers to green energy. In Estonia, the prices of forest and agricultural land are comparatively lower than in the rest of Europe, and they are relatively easy to purchase.
What is E-Residency of Estonia?
E-Residency of Estonia is a government-issued digital identity which gives global entrepreneurs remote access to the world’s most digital country. It provides the possibility to securely authenticate yourself online and sign documents using the most secure and efficient electronic signatures. Plus, the ability to start a company 100% online from anywhere.
Estonia was the first country to offer e-Residency, starting in 2014. It remains the most popular programme of its kind for ambitious entrepreneurial people.
For more detailed information, visit https://www.e-resident.gov.ee/.
What is eParaksts in Latvia?
eParaksts is your personal signature for electronic documents, as well as a tool to prove your identity in digital environment. Documents signed with eParaksts have the same legal effect as hard copies of documents signed by hand.
For more detailed information, visti https://www.eparaksts.lv/en/.
Remote notary’s transactions in the Baltic states.
Remote participation in notary transactions, also known as remote notarization, has become increasingly common in the Baltic states, including Estonia, Latvia, and Lithuania. This practice allows individuals to complete certain legal procedures and transactions without being physically present at the notary’s office.
Estonia: https://www.notar.ee/en/teabekeskus/kaugtoestus.
Latvia: https://www.tm.gov.lv/en/article/use-notary-services-remotely-latvian-sworn-notary-client-portal-wwwlatvijasnotarslv?utm_source=https%3A%2F%2Fwww.google.com%2F
Lithuania: https://www.njordlaw.com/njord-lithuania-notarial-acts-can-already-be-performed-remotely