FAQ

Livonia is a P2B crowdfunding platform established in Latvia, where investors can invest in many different business projects and real estate projects backed up by first rank mortgages on land or building properties , heavy equipment, or some other movable property. All loans in Livonia platform is secured by collateral. In Livonia platform we offer also to invest in high yield savings account with 9% interest rate p.a.

Livonia platform don’t have to be regulated because Livonia platform is a structural unit registered in Latvia’s IRS( internal revenue service) and is the same legal entity as the loan originator LA LETTLAND is, register code 40203459329. Livonia platform is doing all things involved with KYC and AML requirements.

Livonia platform is the same legal entity as the loan originator.

You can get up to 1.2% reward depending on the amount of your investments and don’t forget invite a friend and you both get a bonus of 20? each after investing at least 300 euros more than 60 days each. You can refer a friend as much times you like and get bonus.

And second offer for new investors we have a silver, bronze and gold membership. Bronze membership you will get additional interest bonus 0.4% of your investments more after investing 90 days if your investment portfolio will be more than 5k, Silver membership will offer you bonus of ?0.8 % more from your investments, if investment portfolio will be more than 10k after 90 days, and gold membership will give you 1.2% more of your investments if your investment portfolio will be more than 20k. Platinum membership you will get additional 0.3% more interest what together makes 1.5 % all memberships together counted if investor have invested at least 40k euros.

Third offer is if newly investors registers for first time in platform and he automatically gets 0.5 % more interest rate of all his investments after 90 days of investment period.

Please note that it might take up to 2 working days for funds to arrive to your Livonia account.

If you can?t see the deposit in your account within 2 working days, please reach out to our customer support with a copy of a bank transfer.

Our email is info@livonia.finance

We accept euros and US dollars. Funds from and to investors can be transferred using manual bank transfer and ”Stripe”.

Yes, you can add different account, only you need to make a payment to Livonia at least 0.01 euros to add it.

No, there is no fee for depositing money in Livonia account. And withdrawals are fees free .

The maximum limit per withdrawal transaction on Livonia is 15 000 Eur (if you need to withdraw a higher amount, you can initiate multiple transactions).

Yes, all loans where investor can invest in Livonia is secured by 1 st rank mortgage or different collateral like heavy machinery or other movable property.

Withdrawal only takes up to 2 working days, depends from payments bank provider.

The only documents that are accepted for the verification are a passport or a national ID card.

You may only edit your residence address in your settings, If any of the other contacts have changed, please send a request via e-mail.

In Livonia some of loans will be buyback guarantee,? this means that if the loan is late more than 60 days, then loan originator will buyback their loan and pay investors their principal money back with accrued interest. And another loans what will not be a buyback guarantee will be secured with first rank mortgage of real estate or another kind of property.

Minimum amount size per project is 50 euros, minimum withdrawal amount is 1 euro, and? minimum deposit amount is 1 euro cent. Terra Livonia investors can invest from 10 euros.

In Livonia platform can invest individuals(at least 18 years old) and company’s from EU, USA and Canada, except countries who are in FATH AML list in EU.

No, you don’t have to pay any fees for money what is not invested.

No, we don’t deduct any taxes from you, but you have to get in touch with authorities where investor is tax resident and get information about taxes.

You can earn from 8%- 16% interest per year on your investments.

Risk is always an inherent part of any form of investments, and while we acknowledge that no investment is completely free of risk,? ?in Livonia platform we strive for the mitigation of risks by securing all projects and Terra Livonia? in favor of investors by collateral? and company is producing many tangible products what is selling in Europe and is not involved in speculative operations.

From Terra Livonia investment product investors will get interest payments every day.

And from projects investors will get interest monthly counting that day when investor is invested in specific project, and we are first investment platform in Europe what offers such a thing to pay investor even the project close date is not finished and it because that the Livonia platform is same legal entity as the loan originator.

Livonia is a platform established in Latvia and the main platforms in this business are established in Latvia or Estonia. ”Livonia” is a former lands of Latvia and Estonia in middle ages when Holy Roman empire with supervision of Germans established a first control of these 2 Baltic states and called Livonia. As the Latvia and Estonia is a P2P crowdfunding platforms cradle, so we prefer to call this platform to honor this economic union again after so long time.

The project can proceed with funding if at least 40% of the target amount is raised and the borrower accepts the loan under these conditions. However, if the borrower isn’t willing to accept the reduced loan amount, the money raised will be returned to the investors.

In essence, the project needs to meet a certain funding threshold, and the borrower’s consent is necessary for a modified loan arrangement. If this doesn’t happen, the collected funds go back to the investors.

Feel free to ask if you need any further clarification!

After your investment is returned to your account, you have the option to withdraw your funds.

If you’re not inclined to wait until the borrower follows the repayment schedule, there’s another option