Latvia Immigration - Get Permanent Residency in Latvia
Latvia is a baltic country in the northern Europe. Latvia is also a schengen member country which joined theEuropean Union in 2004 and the currency in Latvia is Euro.
- EU schengen member country
- Visa free travel to schengen and other EU countries
- Real Estate Investment
- Low cost of living
Latvia offers a new residence program for investors and the residence program allows visa free travel in other European and schengen countries.
As of 2014, we are pleased to announce that we are assisting clients in Latvia on business immigration and real estate. We offer 2 packages for Latvia
Latvia Immigration Packages
1. Latvia Business Immigration Package (EUR 80,000)
Get residency in Latvia through company investment (The investor will become a board member to qualify for TRP). The total costs come around EUR 80,000 and it takes 2-3 months to receive your Temporary Residence Permit (TRP).
2. Latvia Real Estate Investment Package (EUR 150,000)
Just buy a real estate in the capital Riga, you will receive Temporary residence permit visa (TRP) in Latvia which is valid for 5 years. The total costs comes around EUR 150,000 to EUR 155,000 for the real estate and about 3 months to receive the residence permit
Note: It is only possible to apply for Permanent Residency in Latvia, after 5 years of holding Temporary Residence Permit (TRP)Ask us free quote
The Latvia business immigration is the cheapest way to get residence permit in Europe. The minimum real estate investment is EUR 150,000 to purchase a property in capital Riga. Please note that as of September 2014, this minimum real estate investment will be increased to EUR 250,000, plus 5 % (state fee) + expenses. Please contact us for more information regarding the real estate. For countries with a 3 month approval time we will not process any applications under the new regulations of € 250.000.
Under business immigration option, non-EU investors, will be issued TRP with yearly renewals, while under real estate option, Foreign Investors (Non EU) will be issued a `temporary residence permit`(TRP) with annual renewals. You have to visit Latvia while renewing the permit, takes 7-10 days. The TRP residence permit issued is a biometric card (replaces visa sticker) 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.
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.
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We provide assistance to our clients in company formation, immigration, visa application, real estate, residence permit, tax planning in Latvia.