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.