Thursday, November 14, 2024

Latvia Residency Bond Investment Program

Latvia offers permanent residency golden visa program to foreign investors. Based on the current Immigration Law, Investors, and their family* can obtain EU residency in Latvia in a short period of time. It is one of the fastest residency solutions in the European Union.

Riga, the capital of Lativa is a great metropolitan city, known for the rich culture and beautiful buildings. The Latvians are friendly, helpful and will welcoming family each year

There are two popular ways to get five year residency in Latvia

  • Government Bonds
  • Company Direct Investment (cheaper)

Here is a major comparison..

Government Bond Investment Company Direct Investment
250.000 EUR interest free Government Bonds

38.000 EUR State fee

30.000 EUR Security checks, legal fees, processing fee

2-4 Month processing time depending on Nationality

Extendable after 5 years**

Instant 5 years Residency

Biometric ID cards issued for 5 years. No need to renew!

No minimum stay required

Visa free travel in the EU Schengen Zone

50.000 EUR nonrefundable Share Investment

10.000 EUR Sate fee

25.000 EUR Security checks, legal fees, processing fee

2-4 Month processing time depending on Nationality

Extendable after 5 years**

Instant 5 years Residency

Biometric ID cards issued for 1 year. Renewable each year.

No minimum stay required

Visa free travel in the EU Schengen Zone

Both options are extendable for the next 5 years term if needed. 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

 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.

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.

Apply now for a free consultation.

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment News. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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