Latvia Immigration - Get Permanent Residency in Latvia
Latvia is a baltic country in the northern Europe. Latvia joined the
European Union in 2004 and the currency in Latvia is LVL (Latvian Lats)
which is approx 2.08 US dollars.
- EU member country
- Visa free travel to schengen and other EU countries
- Real Estate Investment
- Affordable cost of living
We no longer offer Latvia program, instead we offer Hungary Immigration, which is much cheaper and easy process. Please visit our Hungary Immigration website. We apologize for the inconvenience.
As per the program a `Temporary Residence Permit` (TRP) is given to the foreign investor, who buys real estate property in Latvia.
Investment in Latvia Real Estate
Minimum Investment EUR 72,000 in outside major Latvian cities
Minimum Investment of EUR 150,000 in Latvian major cities like Riga
Please note that we assist our clients to get permanent residence permit in Latvia ONLY IN REAL ESTATE. We do not provide assistance in bank term deposit and business formation. The minimum real estate investment needed is EUR 72'000.
We charge a flat fee of EUR 2000 + 3% of property price to assist our clients to buy real estate in and out of Riga, Latvia.
The Latvia real estate option is the cheapest way to get residence permit in Europe. The real estate investments in Riga and major cities, the minimum is EUR 150'000 and of other lesser known regions in Latvia the property investment should be a minimum of LVL 50'000 ( approx EUR 72'000).
Foreign Investors (EU and Non EU) will be issued a `temporary residence permit` for period of 5 yrs with annual renewals. The permit issued allows visa free travel to all 25 schengen countries and is allowed to stay 90 days in every 6 month period in schengen countries. It is also issued to any family members accompanying with the investor. The temporary residence permit grants the investor right to work and free movement to other European countries in schengen zone. The investor is free to leave the country anytime and is not required to stay permanently in Latvia. If the foreigner wants to apply for "permanent residence permit" after 5 years, he/she must have continuously stayed in latvia for 6 months for past 5 years.
It is possible to apply for Latvia citizenship after 10 years of legal residence in Latvia. Latvia does not allow `dual citizenship`
We provide assistance in real estate, business immigration, residence, health insurance, accomodation and citizenship in Latvia. For more information on applicable fee and additional costs, please contact us or complete the below application.
complete our online application, and one of our representatives will
assist you accordingly.
We provide assistance to our clients in company formation, immigration, visa application, real estate, residence permit, tax planning in Latvia.