Representatives of the "Farmers' Parliament" met with the Minister of Justice Jānis Bordāns

On July 24, representatives of the association "Farmers' Council" met with the Minister of Justice Jānis Bordāns to discuss the situation regarding the upcoming increase in cadastral values for agricultural land. We are sending a comment from Juris Lazdiņš, the chairman of the association "Farmers' Council", about today's meeting.

Juris Lazdins, Chairman of the Association "Farmers' Council": "During the meeting with the Minister, we discussed the issue of the increase in the cadastral value of agricultural land, which would also significantly affect the increase in the Real Estate Tax. We believe that the increase cannot be allowed to such an extent, as it will create a significant additional financial burden on farmers and will hinder the development of agriculture in Latvia. In order to organize and inventory the cadastral value of agricultural land, we proposed to reduce the NIR rate from 1.5% to 0.2%. During the conversation, we also discussed the issue of the abolition of the Land Registry fee in the case of consolidation of agricultural land. Currently, the Land Registry fee is applied in the amount of 2% when purchasing or changing agricultural land. In addition, we made proposals to the Minister on how to prevent the increase in NIR for those land units that are smaller than 3 ha. The Minister appreciated these proposals and is ready to work on them. We hope that in the end we will be able to agree on a solution acceptable to all parties."