Once you have decided to start your Latvian business investment, you have to sign a contract with us and transfer the first instalment of the administration fee. Total Non-Refundable shared Capital Investment is around EUR 85000 to qualify for Temporary Residence Permit. Established in 2010, the Latvian residency by investment program has been massively popular among foreign investors and entrepreneurs seeking to establish a footprint in Schengen Europe. Latvia introduced its golden visa programmein 2010. Our immigration lawyers offer a long-term support to foreign investors from initial visa application till getting British passport. 2. See the official Latvian government website. Make sure you fulfil other requirements as well: We will help you obtain Latvia Golden visa, relocate to Latvia or simply get your ticket to Europe. You can also for long term resident of European Union status after 5 years of living in Latvia. According to the rules of the investment program, the application is submitted at the Embassy or Consulate of Latvia in your country of residence. You may purchase interest-free government bonds with the nominal value of 250,000 euro, and pay the government fee. Your investment will be refunded after 5 years maturation. You can invest in a trusted and long existing Latvian company selected by us, or you can invest in our dedicated investment company called Latvindia. Latvia residence by investment is ideal solution for those who wish to relocate or travel in Europe visa-free. Finally, when the foreign investor is done being the permanent Latvian resident for over five years, then the investor can go on to apply for Latvian citizenship by a legal process that is called naturalization. Permanent residence permits; Cheapest European real estate investment program; Latvian Citizenship after 10 years of living (must have PR status) No residence requirements. business day. Invest at least €250,000 in one or two properties depending on the location. In 2007, Latvia joined Europe’s Schengen Area, which brought significant benefits to the country’s citizens and residents. Dependants can include a spouse, minor children, financially dependent children and parents. However, your startup company should pay at least 40,000 euro tax every year. First, you can buy real estate in Latvia for at least EUR 250,000. Will I get back my investment after 5 years? And don’t forget that you are not only buying a home for yourself and your family in a beautiful country; this investment will secure your future as it will help you get Latvia permanent residence and a European passport. Наш специалист ответит вам сегодня или на следующий рабочий день. Villa Lavanda consists of a single and two-floor space, the two-floor zone contains living and leisure area with an elevated ceiling, including the terrace. Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. We use cookies on this site to ensure the most desirable user experience. The cheapest investment for getting a European PR. What is the minimum investment (in euro)? One of our qualified advisors will get back to you today or next business day. Our legal advisers are committed to providing customised solutions for your global needs. Residence permit for the family Clean criminal record and good character. Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. Residence permit in Latvia based on financial investment in a Latvian bank. There are several ways people can become legal residents of Latvia, including by way of marriage with a citizen, by finding work here, joining a monastery, or investing in the Latvian economy. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. In addition to requirements given above, applicants must comply with and have the following: If you decided to start your life in Europe and would like to apply for Latvia permanent residence, you must live in Latvia for at least 4 out of the last 5 years after obtaining a Latvia residence permit. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. There are three options for obtaining investment residency in Latvia. The second option is an interest-free government bond, also with a minimum requirement of EUR 250,000. Applicants may choose from one of the following options: The purchase of real estate of EUR 250,000, plus a one-time payment of 5% of the purchase price to the state budget Yes, you get back your 50,000 euro investment after 5 years, or you can keep your investment for another 5 years. Your investment is guaranteed for this period. A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. You and your family do not have to live in Europe prior to applying for Latvia residence permit. Available funds to maintain yourself and your family. The Latvian government bonds are the safest and fastest investment option. Latvia’s programme is a highly ranked world residence program on a large number of factors including quality of life, tax, visa-free access, time and effort required to get the visa. As a Latvian resident, your children will have free access to the Latvian education system from nursery to the university. 1. Contact us for the details. Latvia offers a 5-year residence permit to third-country nationals that invest in the country. The Latvia Residence-by-Investment Program is one of the most affordable and quickest residence options in Europe. Wholly incorporated into the local language and culture; however, Latvia does not even have immediate citizen status by investment program. Felicity Apartments is a six-floors building of beautiful modern flats in the historical centre of Riga, Latvia. If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). The Latvia residence by investment program was first introduced in 2010. Fast and simple way to get Temporary or permanent residence permit in Latvia in cheapest way If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. If Latvia is not for you, find other options, You miss the cheapest European residence permit, You should invest €50,000 in a Latvian company; we suggest. In Bulgaria and in Cyprus the minimum threshold is EUR 300,000. 2 Obtaining government approval Your documents will be processed within 3 months by the state authorities of Latvia, including the Office of Citizenship and Migration Affairs. 5-star living in the Caribbean paradise. To be a tax resident in Latvia, an individual must have his or her permanent place of residence in Latvia, or be present in Latvia for 183 days or more in any 12-month period. Please bear in mind that you are not permitted to buy agricultural land, woods or forests and you cannot pay in cash. Residents are subject to tax on their worldwide income, while non-residents pay taxes on their income derived from Latvia. Latvia is a small European country in the Baltic region in the northern part of Europe. Investors can gain a five year residency permit by investing €250,000 in property. Detailed information on how we process your data can be found on our privacy policy. About 150 m2 of high-quality living in the city centre, close to all the amenities, schools and shops. Oldest Golden Visa Scheme in Europe March 27, 2019 . We prepare the application form and other governmental documents. You can send an invitation letter to facilitate Schengen visa. The video is an edited version of a previous webinar. Top floor flats have access to large roof terrace, while ground floor residents have an advantage of their own private gardens. After your permit has been granted, you pay the government fee, the balance of the administration fee and receive your residence cards. Latvia Residency by Investment Programme. This application is much more complicated than both the permanent and temporary resident applications. The associated expenses can be paid in stages over the course of five years. You’ll be pleasantly surprised by the quality of property you can buy in Latvia for €250,000. Latvia has excellent English schools as well. Or you can renew your temporary residence permit. The application process for the Greek Residency Program is straightforward and should take about 1-2 months. Show all. Latvia’s golden visa is one of the cheapest immigrant investment programs in Europe. Health insurance for 1 year after the permit is granted. Latvia Residence by Investment. We will help you find your ideal home through our trusted real estate agents in Latvia, close a deal and settle there with comfort, confidence and security. Latvian Temporary Residency Permit (TR) is issued for 5 years and renewable annually. Latvia offers some of the most reasonable residency visas for investors in Europe. We give you a step-by-step description of the process and how to pay less money. If you live in Latvia for 10 years, you can apply for citizenship, and you will be an EU citizen. How safe is the investment in Latvindia, and what profit will I get? As of 2 April 2012 the residence permit is issued in the format of the identification card, therefore biometrics details must be delivered prior to receipt of the residence permit (fingerprints (starting from the age of six) and digital picture of face). Cadastral value of the property must be at least €80,000. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. Latvia is a baltic schengen member country which joined the European Union in 2004. Residence permit is valid for 5 years with annual renewal requirement. Latvia is a beautiful country with its own unique identity, culture, traditions and customs. Following this process, you would get a Latvia Residency by investment. Its main activity is to treasure the funds of the investors. Finally, you can invest in a bank bond for a minimum of EUR 280,000, and receive interest on your investment. Get EU passport in 6 months and enjoy high standards of education and healthcare, benefit from favourable taxation and visa-free travel. Based on the current Immigration Law, Investors, and their family* can obtain EU residency in Latvia in a short period of time. Yes. Latvia residence can be obtained by Business Incorporation under Latvia Business Immigration Program where the Investor will be appointed as a Board Member of the Company. European But Not EU Member States’ Residency by Investment Programs You and your family can move and settle in Latvia, in a European country. Latvia offers permanent residency golden visa program to foreign investors. Latvia PR by Business Investment Latvia offers residence permits to those who invest in the country. Latvia is part of the European Union and its nationals are allowed freedom of movement across the EU. Latvindia offers: Latvia has good real estate market in the capital Riga. Travel to Latvia and get your residence card The building includes 62 residential apartments and some commercial spaces on the ground floor. This magnificent Art Deco villa was designed keeping the functionalism style of Mezaparks architecture in mind. To be eligible the main applicant must be 18 and older. We suggest to invest in Latvindia and try to run your own business separately. First of all, Latvindia is not the usual business venture. Neither would you be asked to attend an interview or prove your knowledge of the Latvian language. Latvindiaâs mission is to connect you to Europe and Latvia. Наш специалист свяжется с вами сегодня или на следующий рабочий день. Latvia offers residence permits to those who invest in the country. Permanent residency As Latvia is part of the Schengen zone of Europe, your residence card allows you to travel freely throughout Europe without the need for a Schengen visa. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. and one of our team members will This European Golden visa program offers EU residency and citizenship in exchange for investment … Latvia offers residency by investment scheme through share capital investment. Minimum investment $100,000. get back to you today or the next One of the fastest routes to a European passport for the whole family. Foreign investors from non-EU countries seeking permanent residency visas can be granted a residence permit valid for a 5-year term. Latvia offers the cheapest and most affordable investor visa schemes in Europe. The TR allows its holders visa-free travel to all Schengen states. If you want to become a resident of Latvia, then you can invest €500,000 in property, pay roughly €25,000 in processing fees, and fill out a couple of forms to get your five-year residence permit. We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. Every person that would like to stay in the Republic of Latvia for more than 90 days within a period of six months is required to obtain a temporary residence permit. It will be ready for you and your whole family to move in and enjoy the high standards of design and finishes. You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. In Portugal and in Spain the requirement is to invest EUR 500,000. The application process for residence takes 30–90 days. You will get an easy to understand overview and all details of getting a Latvian residence permit by investing 50,000 euro in a Latvian company. If you invest in Latvindia you may get profit. 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