Investors exploring Latvia's opportunities not only open the door to residency but also gain access to the extensive EU Schengen visa zone. After a five-year investment period, applicants can even pursue permanent residency, contingent on their significant presence within the country during that duration.
Investors exploring Latvia's opportunities not only open the door to residency but also gain access to the extensive EU Schengen visa zone. After a five-year investment period, applicants can even pursue permanent residency, contingent on their significant presence within the country during that duration.
Embrace the allure of Latvia's capital, Riga, just 90 minutes away from Moscow by air. With a diverse range of residents, Latvia has become a favored destination for those seeking investor visas, as well as residency and citizenship in Europe.
Digging into the qualification requirements, foreign nationals can initiate their journey towards Latvian residency by directing funds into the equity capital of a local enterprise, engaging in a subordinated loan (deposit) within Latvian banks, or embracing the acquisition of interest-free government bonds designated for specific purposes. This diverse range of options paves the way for an immersive and advantageous investment journey.
Equity Capital Commitment: Invest EUR 50,000 in a Latvian company, with a condition that the company annually pays at least EUR 40,000 in taxes.
State Budget Contribution: Make a one-time payment of EUR 10,000 to the state budget.
Financial Sufficiency: Demonstrate financial capability to support your family's living expenses, without needing government assistance.
Embarking on the Latvia Residence by Investment journey follows these steps:
Document Processing: Approximately 30–90 days.
Family Inclusion: Spouse and children under 18 can apply together.
Personal Visit: Upon approval, visit Latvia within three months to collect the five-year
temporary residence permit in ID card format.
Renewal: Annual renewal of the ID card is required.
No minimum days are needed in Latvia for residence permit renewal.
Path to Permanent Residence and Citizenship
After five years, permanent residence beckons
Explore Latvia's vibrant opportunities and a gateway to Europe through its Residence by Investment program.
We provide a series of free, no obligation online eligibility assessments containing the most current visa and immigration legislation. Global-Migrate is not the Official Government Body or affiliated with it.
Authorised by the Office of the Immigration Services Commissioner - Authorisation number F201100270.
