Latvia immigration packages:
Latvia offers residence by investment scheme through share option. A minimum of EUR 50,000 investment required to receive temporary residence permit (5 years) in Latvia. The associated expenses can be paid in stages for five years.
2-4 Month processing time depending on Nationality
Temporary residence permit is extendable after 5 years**
Additional State fees** will apply. European Residency including work permit, commercial activities, and free travel in the Schengen Zone in just 2 to 4 months depending on Nationality
Latvia offers permanent residency against purchase of EUR 250,000 investment in Government bonds. Foreign investors along with their family get permanent residence permit for 5 years.
Clean Criminal record from the country of residency, clear funds in a private account and over 18 years of age are the main requirements to qualify for the Latvian residency program.
European Residency including work permit, commercial activities, and free travel in the Schengen Zone in just 2 to 4 months depending on Nationality
Permits are extendable for the next 5 years term if needed.
Additional State fees** will apply.
Relatives can be invited up to second degree relations.
Family* is Spouse and Children up to 18 years of age are included and even longer if they are not marred and still depending on the parents. There are only a few requirements the investor must fulfill.
Latvia offers golden visa (permanent residency) to foreigner investors on the basis of acquisition of real estate for EUR 250,000. There is a 5% additional state fee EUR 12,500 paid to the Government
In September 2014, Immigration Law amendments increased the threshold for obtaining a residence permit and introduced other conditions and costs, if a foreigner’s real estate was registered in the Land Register after September 1, 2014:
Residency by investment in Latvia through company/business direct investment scheme.
The investor will become a board member or similar to qualify for residence permit (TRP) valid for five years. This residence permit can be used for free movement in the Schengen area as Latvia is an EU member state and part of schengen area. Family and dependents also receive residence permits.
The total non refundable costs will be around EUR 85,000 payable in installments and it takes 2-3 months to receive your Temporary Residence Permit (TRP).
This is a special immigration option for people who can’t be in Latvia all the time.
Permanent Residence permit (PRP) after 5 years of living in Latvia.
SALAMAS Law is here to help you in getting the citizenship above, as well as the permanent residency.
In any event, our team could help to get their customers a visa.
feel free to contact us in order to make the assessment + 961 3 42 41 72