Invest/Start a company in Latvia & Become a European Resident in just 4 months. Investment starts from Euro 50,000 !
Latvia Investment Program
Latvia is a country on the Baltic Sea between Lithuania and Estonia. Its landscape is marked by wide beaches as well as dense, sprawling forests. Latvia’s capital is Riga, home to notable wooden and art nouveau architecture, a vast Central Market and a medieval Old Town with St. Peter’s Church. Riga’s museums include the Latvian Ethnographic.
Latvia is a beautiful country, situated in northeastern Europe on the Baltic sea. The Country is situated between Lithuania and Estonia. The Capital of Latvia is Riga, home to art, wooden, Open-Air Museum, showcasing local crafts, food, and music.
- Continent : Europe
- Capital : Riga
- Population : 1.93 Million
- Official Language – Latvian
- Currency – Euro
MAKE AN ENQUIRY
Benefits of a Latvian Residency Permit:-
- Latvia offers the cheapest second residency programme in Europe.
- Strategic Location – Latvia is situated within the heart of the EU Schengen area within easy reach of most of Europe’s capitals by air from Riga
- Visa free Access to 25 European countries within the Schengen area.
- No minimum requirement to reside in Latvia.
- High Visa Success Rate .
- Fast Track Process to obtain a residence permit in Europe, Its just 3 months .
- Investor has an option to apply for Citizenship .
Investment Options to Obtain a Residency Permit :
- Real Estate
- Business investment
- Bank deposit investments
- Government bonds
1). Real Estate Projects
Real Estate is one of the most popular investment options among investors . An applicant requires a minimum investment of Euro 250,000 plus a government of fee of 5% . Property must be retained by the investment for at least a minimum of five years only if he/she wish to apply for Permanent residency and become a part of Latvian economy . Latvia real estate market remains very strong and still growing .Buying a property in Latvia can be a very affordable & profitable investment. There is a high demand of apartments and resorts in Riga ,Kaugri and Jurmala.
2). Business Capital Investment
Business Capital Investment option is suitable for business persons who would like to start/expand business in Latvia. A minimum investment of €100,000 is required to start a new company or invest in an existing business, plus a fee of €10,000-20000 paid into the state budget. Qualified business investors get five years residency along with family members.
3). Bank deposits
This investment option requires a €280,000 deposit in a bank or other financial institution for a term of not less than five years. Qualified business investors get five years residency along with family members. The state fee can vary from €25,000-28000.
4). Government bonds
This option is one of the most safest investment option introduced by the Government of Latvia in the month of Jan 2015. A deposit of €250,000 is made to a government securities account at the State Treasury which is guaranteed by the Latvian government to be repaid to you without interest after five years. The Government bonds can be bought after residence permit has been granted, which may take 2 months. The Residency permit is valid for five years.In addition, an investor needs to pay a state fee of €38,000 fee after the permit has been issued.