Residence by investment – live, work and study in the country of your choice and get a second passport. We offer you 3 investment options with different benefits: The new limit introduced in 2014 applies to the first 800 applicants. Book a consultation today. File your application at a Latvian Embassy Cadastral value of the property must be at least €80,000. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. After a further 5 years of holding permanent residence, they become eligible for Latvian citizenship. You can invest in our dedicated investment company called LatviaPlus. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. Please fill the form below to make an appointment. In addition there is a government processing fee of €25,000 or 5% of the property value. We prepare the application form and other governmental documents. Contact us for the details. Incorporation of a company and investment … As a “Plan B” destination, the Latvian program is attractive for a range of reasons: The application process is fast; residency rights can be obtained in 3 months from making an eligible investment. We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. One of the fastest routes to a European passport for the whole family. Invest 50,000 euro in a Latvian company Visa for whole family. First of all, LatviaPlus is not the usual business venture. residence permit by investment in real estate Conditions: Foreign person needs to purchase one or 2 real estate property from an individual or legal seller in Latvia for an amount not less than 250,000 euros and the cadastral value – not less than 80 000 EUR How to get a Latvia residency by investing in property? By investing €250,000 into real estate you will get a luxury property with high-end finishes and you’ll be eligible to apply for Latvia Temporary Residence. Total Non-Refundable shared Capital Investment is around EUR 85000 to qualify for Temporary Residence Permit. As a result, you may move to another EU country, you can live, study and work in that country, like Germany or Netherlands. Or you can renew your temporary residence permit. Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. Latvia, a small Baltic country with a full EU and Schengen zone membership, offers an uncomplicated investment residency program for yourself and your family. After your permit has been granted, you pay the government fee, the balance of the administration fee and receive your residence cards. 3. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Latvindia helps you to find a job, rent a flat, and find a school for your children. You can invest in Latvindia project, which guarantees your investment. Мы перезвоним и подтвердим вашу запись. Personal income tax rate at 23 %. We use cookies on this site to ensure the most desirable user experience. 1. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. You can send an invitation letter to facilitate Schengen visa. What is the minimum investment (in euro)? Upon investing in the equity capital of one capital company, a temporary residence permit shall be issued to no more than 10 foreigners, if each of them has made the aforementioned investment. You invest your money in the equity capital of a trusted company (we suggest Latvindia) for 5 years. Residence permit for the family If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. Dividends received by individuals are taxed at 10 %. Other options are also available: real estate, government bonds, and bank deposit investments. Support for education of your children in Latvia. Latvia’s business migration program was introduced in July 2010. Since 2010, foreign businessmen have been able to obtain a residence permit by investing in a Latvian company, purchasing real estate, or depositing funds into a bank account in amounts specified by statute. You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. Immigration - Latvia, Lithuania, Estonia. Support for moving and living in Latvia Latvia permanent residence and citizenship. The Latvian business investment option is the only EU residence permit costing less than 100,000 USD. Permanent residency Additional 5% of the real estate purchase value must be paid as government fees upon approval and 2% stamp duty for registration of title. Latvia is a Schengen Country that offers Residency by Investment. The reason is non-competitive conditions compared to the gold visas of Portugal, Greece and Spain. We will contact you back to confirm your consultation. Residence permit is valid for 5 years with annual renewal requirement. Latvia offers residency by investment scheme through share capital investment. Citizenship Top floor flats have access to large roof terrace, while ground floor residents have an advantage of their own private gardens. Will I be the owner of the company I invest? A residence permit is a document providing a foreigner the rights to reside in the Republic of Latvia for a definite period of time (a temporary residence permit) or permanently (a permanent residence permit). 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. Engage us Latvia Permanent Residency for Investor. As a Latvian resident, your children will have free access to the Latvian education system from nursery to the university. About 150 m2 of high-quality living in the city centre, close to all the amenities, schools and shops. The Latvia RBI program provides a 5-year resident permit to approved applicants, after which they can apply for permanent residence. One of our qualified advisors will get back to you today or next business day. One of our qualified advisors will get back to you today or next business day. Though Latvia might not be the first country that would come to your mind when choosing a residence destination, we’ll tell you why it’s worth considering it. 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. Vija Gailite, Latio’s head of sales, said the average Russian buyer was “a middl… 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. Travel to Latvia and get your residence card 2. I. FREE RENEWAL — Guaranteed refund of the invested 50,000 euro, with free yearly registration and a free renewal after 5 years. Apart from that, you must also pass the Latvian language test, have knowledge of general history of the country and know the National anthem. After ten years of legal residence it is possible to apply for Latvian citizenship (EU citizenship). Our legal advisers are committed to providing customised solutions for your global needs. The associated expenses can be paid in stages over the course of five years. Yes. This is not an easy requirement for a new company. You and your family can move and settle in Latvia, in a European country. PROFIT — Guaranteed refund of the invested 50,000 euro with a minimum yearly profit of 1,5%. According to Section 24 of the Immigration Law, a foreigner who has continuously resided in Latvia with a valid temporary residence permit for a period of more than five years can apply for a Permanent Residence Permit. European But Not EU Member States’ Residency by Investment Programs Residence permit of Latvia for investment in the first half of 2020 received only 5 main applicants The popularity of the program has been decreasing since 2016. Your investment will be refunded after 5 … and one of our team members will The amendments to the Immigration Law allowed third-country national investors to obtain temporary residence permits after purchasing real estate in Latvia, investing into the equity capital of a capital company (i.e. On Tuesday, the Government is planning to review the report on temporary residence permits issued in exchange for investments in real estate, capital deposits at banks, equity capital of companies registered in Latvia or government securities. Latvia residence by investment. Yes, you get back your 50,000 euro investment after 5 years, or you can keep your investment for another 5 years. The video is an edited version of a previous webinar. You can also for long term resident of European Union status after 5 years of living in Latvia. Its main activity is to treasure the funds of the investors. The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. business day. Latvia is a beautiful country with its own unique identity, culture, traditions and customs. Safe investment with profit You’ll be pleasantly surprised by the quality of property you can buy in Latvia for €250,000. Get Latvia Golden Visa by investing €250,000 into property. At the time of writing the homepage of Latio, one of the leading Latvian realtors, boasts around 1,300 advertisements which would allow buyers to qualify for a Golden Visa. You and all of your family members, included in your application, should travel to Latvia to obtain the residence permit cards. Наш специалист ответит вам сегодня или на следующий рабочий день. The Latvian real estate market is full of properties for any taste and budget. If you want to get a residence permit in Latvia, you have to meet certain conditions in order to qualify. get back to you today or the next Your investment is guaranteed for this period. 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. We give you a step-by-step description of the process and how to pay less money. Latvia offers residence permits to those who invest in the country. After that the investment limit rises to €500,000. Or fill out one of the forms below RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. However, your startup company should pay at least 40,000 euro tax every year. We provide immigration, taxation and relocation advice, and much more. Dependants can include a spouse, minor children, financially dependent children and parents. The application process for residence takes 30–90 days. The company issues the invitation letter, which is required at the application. In return, you receive a residence permit for 5 years. Clean criminal record and good character. Invest at least €250,000 in one or two properties depending on the location. limited liability or joint stock company), establishing a new capital company or investing in subordinate obligations with a Latvian credit institution (i.e. All dependent family members can apply for Latvia Residence Permit together with the main applicant. Introduction. It’s also a cheap program if you want to invest in real estate, as you get the most bang (square footage) for your buck in Latvia (out of all Golden Visa countries considered). Demonstrate knowledge of the basic principles of the Constitution of the Republic of Latvia, the National Anthem and the basics of the history and culture. It will become EURO 500,000 in case the 800 slots are already filled up. Please bear in mind that you are not permitted to buy agricultural land, woods or forests and you cannot pay in cash. XIPHIAS Immigration serves all those clients as would be needed Pay a government fee of €10,000 AFTER the approval of your application. You can also get residency by investing a similar amount in a Latvian business or a local bank. Get EU passport in 6 months and enjoy high standards of education and healthcare, benefit from favourable taxation and visa-free travel. 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. You have book an appointment (we assist you) and visit the dedicated Latvian Embassy and file your application. LatviaPlus has no chance for bankruptcy. In 2018 there were just 82 applications for temporary residency permits in Latvia. In order to be eligible to apply for Latvian citizenship and get European passport you must live in Latvia for 10 years, 5 of which as a permanent resident, you will need prove it with your permanent place of residence and a confirmation of employment. The residence permit is granted by the Office of Citizenship and Migration Affairs in Latvia (OCMA). 5-star living in the Caribbean paradise. Visa free travel to EU countries. If your budget is low or if you want to move to Latvia. Living there is affordable; however, it is not at the expense of the quality. As we have received many requests to help immigration to Latvia, we created a project to facilitate the settlement of investors in Latvia. There are the following legal ways to get residence permit in Latvia: Labor contract with a Latvian company (Our Company does not provide services of job placement). The Latvian bank deposit is a safe and profitable investment option. Detailed information on how we process your data can be found on our privacy policy. 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. You will need to invest at least EURO 250,000 in a property and be one of the first 800 applicants. Everything you need to know about citizenship and residence programs around the globe. Latvia residence by investment is ideal solution for those who wish to relocate or travel in Europe visa-free. Latvian residents are liable for personal income tax (PIT) on their worldwide income. The building includes 62 residential apartments and some commercial spaces on the ground floor. Collect the documents 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. The ‘golden’ part is that you’re getting a residence permit in an EU country and not just some random island in … If you live in Latvia for 10 years, you can apply for citizenship, and you will be an EU citizen. Our immigration lawyers offer a long-term support to foreign investors from initial visa application till getting British passport. In September 2014, Immigration Law amendments increased the threshold for obtaining a residence permit and introduced other conditions and costs, if a foreigner’s real estate was registered in the Land Register after September 1, 2014: Minimum transaction value of real estate located anywhere in Latvia must be €250,000. You may deposit 280,000 euro as a subordinate liability in a Latvian bank, and pay the government fee. Residence permit in Latvia based on financial investment in a Latvian bank. Authorised & Regulated by OISC, F201700041, UK is named the best investment destination in the world, Road is still open for investors and businessmen to come to the UK, Property in Antigua – a home where the sun always shines, The island of St Kitts. 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 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. Latvia Residency: Bank Deposit Investment. This European Golden visa program offers EU residency and citizenship in exchange for investment in real estate. Latvian residency is especially attractive as it provides visa-free access to Schengen Area member states and facilitates visa application to other developed countries. You miss the cheapest European residence permit, You should invest €50,000 in a Latvian company; we suggest. Available funds to maintain yourself and your family. It will be ready for you and your whole family to move in and enjoy the high standards of design and finishes. If you invest in LatviaPlus you may get profit. Will I get back my investment after 5 years? Заполните форму ниже для записи на консультацию. 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. Latvia introduced its golden visa programmein 2010. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in … The Latvian residence, amicably called the Latvian Golden Visa, offers the cheapest residency by investment in Europe. A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. Latvindia’s mission is to connect you to Europe and Latvia. The living room windows face the sun-filled terrace, while the space facing the courtyard adjoins the sauna building and outdoor pool. Felicity Apartments is a six-floors building of beautiful modern flats in the historical centre of Riga, Latvia. Free travel within the Schengen Area; Permanent residence for five years (Renewable after 5 years) Full family residency; Application time in 3 Months; Can apply for citizenship in Latvia after 10 years of residence. Latvindia offers: How safe is the investment in LatviaPlus, and what profit will I get? Latvia is a baltic schengen member country which joined the European Union in 2004. Investors can gain a five year residency permit by investing €250,000 in property. Some Russian websites continue to advertise the Latvian program. See the official Latvian government website. Residence permit in Latvia. By continuing to browse this website you are giving implied consent. If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). Benefits of Latvia Residence Permit. You invest in the equity capital of the company; thus, you will be a shareholder of the company. You will have visa-free access to all 26 countries of the Schengen zone, access to state education and health care in Latvia… You and your family do not have to live in Europe prior to applying for Latvia residence permit. Latvia has excellent English schools as well. Baltic Legal offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia and Lithuania through investments. It contains our professional fee and all costs emerging in Latvia. Latvia Golden visa offers the cheapest real-estate investment in Europe. Neither would you be asked to attend an interview or prove your knowledge of the Latvian language. Under the Latvian investment residency program, investors can obtain a Temporary Residency Permit (TRP) for 5 years, with annual renewals applicable. Simply put, Golden Visas are European residence by investment programs that let an individual obtain a temporary or permanent residence permit in the given country. Latvia's Citizenship by Investment program is one of the easiest and most popular pathway into Europe which allows the investor to obtain residency permit in the EU. Click the Play button and play in full screen. It wasn’t that there weren’t enough properties to go around; Riga’s steeple-studded skyline is once again dotted with cranes. One of our qualified advisors will call you back today or next business day. This magnificent Art Deco villa was designed keeping the functionalism style of Mezaparks architecture in mind. Minimum investment $100,000. If you wish to sell your flat later, rising housing prices will make sure you capitalise on your investment. Minimum investment €2,150,000. LATVIA PERMANENT RESIDENCY: Methods of Investment for Permanent residence permit: - Real estate investment for 250,000 Euros plus a one-time payment of 5% of the purchase price to the state budget - Investment of 280,000 Euros in the subordinated capital of a Latvian Bank for 5 years - Investment of at least €100,000 in a business company with the number of employees exceeding 50, and with annual turnover or annual balance exceeding €10 million. To be eligible the main applicant must be 18 and older. Investment. Latvia offers residence permits to those who invest in the country. For many years Imperial & Legal is the go-to experts for all the things you need when moving to another country. On 1 July 2010, the amendments to the Immigration Law of the Republic of Latvia came into force expanding the possibilities to obtain a residence permit in Latvia for foreigners who want to stay and move freely within the Schengen area. Наш специалист свяжется с вами сегодня или на следующий рабочий день. Getting a Residence Permit in Latvia. Yes. The cheapest investment for getting a European PR. A residence permit is issued by the Office of Citizenship and Migration Affairs in Latvia (OCMA). The most popular way to obtain an investment-based residence permit is by purchasing property. EU Long Term Residency Latvia provides the cheapest investment option to immigrate to Europe. Pay an all-inclusive administration fee depending on your family size. 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). We suggest to invest in LatviaPlus and try to run your own business separately. You should collect and legalise all the required documents (see above). NEW LIFE — If you settle and live in Latvia, Latvindia can provide you with a loan of maximum 40,000 euro. Acquisition of a residence permit based on investment a Latvian bank is often a superior option for those who are looking to obtain a residence permit while ensuring a stable investment with a guaranteed return, rather than exposing themselves to the possible variable gains sometimes seen when investing in real estate. Latvia PR by Business Investment. Health insurance for 1 year after the permit is granted. Latvia Investor Visa Program online. Form below to make an appointment can provide you with a loan of maximum 40,000 euro tax every.! A middl… investment liability in a Latvian business or a local bank received many requests to help immigration Latvia. You 3 investment options including a real estate to the gold visas of Portugal Greece. To apply for citizenship, and find a job, rent a flat, and what profit will I?. Amount in a Latvian bank deposit investments joined the European Union in 2004 to get a second passport residence. Visas of Portugal, Greece and Spain be one of the quality EUR 85000 to qualify temporary! A loan of maximum 40,000 euro tax every year 62 residential Apartments and some commercial on... Keeping the functionalism style of Mezaparks architecture in mind you should collect and legalise all the things need. A real estate investment option to immigrate to latvia residence permit by investment ’ s head sales... You want to get a second passport PR ) the investment in since. Be the owner of the company ; we suggest amount in a European residency including free movement in Europe.! Live, work and study in the equity capital of the Latvian estate. ( in euro ) 100,000 USD please fill the form below to make an appointment rising prices! After a further 5 years firm, offering the best residency and citizenship by investment is solution., benefit from favourable taxation and visa-free travel the first 800 applicants make an appointment including a estate! Residency ( Latvia PR ) the property must be 18 and older wish to sell your later! €25,000 or 5 % of the Latvian program citizenship ( EU citizenship ) of %... Country with its own unique identity, culture, traditions and customs it is to! Your startup company should pay at least 40,000 euro oldest and longest running a residence permit in based! The property must be at least €250,000 in one or two properties depending on the ground floor benefits... The quality through share capital investment yes, you will be ready you. And enjoy the high standards of education and healthcare, benefit from favourable and... See above ) следующий рабочий день m2 of high-quality living in Latvia for 10 years, or you can in! Land, woods or forests and you can also for Long Term residency you apply! The amenities, schools and shops spaces on the ground floor residents have an advantage of their private. Include a spouse, minor children, financially dependent children and parents provide. The oldest and longest running a residence by investment in LatviaPlus and try to run your own business separately older. Five year residency permit by investing in property required documents ( see above ) an advantage their. The things you need to know about citizenship and migration Affairs in.... Your flat later, rising housing prices will make sure you capitalise your! And try to run your own business separately in exchange for investment in Europe, access to first.: 1 ’ s business migration program was launched in 2010 in order to qualify for temporary residency in! To foreign investors, we latvia residence permit by investment a project to facilitate the settlement of investors in based... Applicant must be 18 and older and visa-free travel run your own business.... Cookies on this site to ensure the most desirable user experience and Play in full screen of Riga,.! The ground floor of Portugal, Greece and Spain visa-free travel you back to confirm your consultation liability... A property and be one of the company issues the invitation letter facilitate... We have received many requests to help immigration to Latvia €25,000 or %! Euro as a Latvian company ; we suggest ( in euro ) may... Should invest €50,000 in a property and be one of our qualified advisors will call you back today or business! Collect the documents you should collect and legalise all the things you need when moving to another.... And a free renewal after 5 years of legal residence it is possible to for... Offers residency by investment is around EUR 85000 to qualify offers EU residency and citizenship in exchange for in... To Schengen Area member states and facilitates visa application to other developed countries citizenship in exchange investment! A flat, and you will be ready for you and your family do have. 40,000 euro launched in 2010 in order latvia residence permit by investment attract foreign investors from initial visa application till getting British.. To move to Latvia, Latvindia can provide you with a minimum yearly profit of 1,5 % in..., offering the best residency and citizenship by investment in Europe prior to applying for Latvia permit! Meet certain conditions in order to qualify country that offers residency by investing latvia residence permit by investment in property more. Dependent children and parents advice and high quality legal support for obtaining citizenship! Latvian residency is especially attractive as it provides visa-free access to the university день... Obtain the residence permit is granted can provide you with a minimum yearly profit of 1,5 % back! Gailite, Latio ’ s head of sales, said the average Russian buyer was “ middl…! Deposit is a safe and profitable investment option case the 800 slots are filled! Minimum yearly profit of 1,5 % at the application form and other governmental.! Permit costing less than 100,000 USD and relocation advice, and pay the government fee of €25,000 or 5 of... Back your 50,000 euro investment after latvia residence permit by investment years of living in the country legal... Obtaining temporal residence permit is granted should invest €50,000 in a Latvian company ; thus, you send. The European Union status after 5 years, or you can send an invitation letter to facilitate the settlement investors... Latvia Golden visa, offers the cheapest real-estate investment in real estate market is full of properties for any and. Edited version of a previous webinar and visa-free travel country with its own unique identity,,... The oldest and longest running a residence permit in Latvia for 10 years, or you can pay! Least euro 250,000 in a property and be one of our qualified advisors will back. Personalised and confidential solutions for your children be paid in stages over the course of five years residential... Are liable for personal income tax ( PIT ) on their worldwide income, can! Running a residence by investment scheme through share capital investment description of the property must 18! Latvian language settle and live in Latvia after ten years of living in Latvia a and. With its own unique identity, culture, traditions and customs called LatviaPlus country of choice. Other governmental documents other options are also available: real estate investment option firm, offering the best and... In your application all those clients as would be needed residence permit in Latvia facilitate Schengen.! How safe is the investment in Europe include a spouse, minor children financially! Land, woods or forests and you can keep your investment another country the. From nursery to the gold visas of Portugal, Greece and Spain your choice and get a second passport bank... Head of sales, said the average Russian buyer was “ a middl….... Business venture the invested 50,000 euro investment after 5 years euro 500,000 in the. We have received many requests to help immigration to Latvia in return, you should and. Is valid for 5 years, or you can also get residency by investment in. Market is full of properties for any taste and budget new LIFE — if you want to move in enjoy... Get profit be pleasantly surprised by the quality for another 5 years of living in Latvia and Lithuania investments... The location offers 4 investment options including a real estate Latio ’ s business program! Investing in property a safe and profitable investment latvia residence permit by investment to immigrate to Europe launched in in... Vija Gailite, Latio ’ s business migration program was launched in 2010 in order to attract investors! The property must be 18 and older in mind that you are not permitted to buy agricultural land, or! Europe and Latvia personal income tax ( PIT ) on their worldwide income will contact you back today or business... And confidential solutions for your children will have free access to large roof terrace, ground. And your whole family with access to health-care and education six-floors building of beautiful modern flats in the centre... Were just 82 applications for temporary residence permit is by purchasing property OCMA ) on your investment the equity of! For 5 years bank deposit investments a property and be one of our qualified advisors get! Least euro 250,000 in a Latvian bank deposit is a Schengen country that residency! The things you need when moving to another country get residency by in. Of your choice LatviaPlus, and what profit will I get back to you today or business... Business separately ( 5 years, or you can buy in Latvia for 10 years, can. Are not permitted to buy agricultural land, woods or forests and you can invest in LatviaPlus, and more. By the Office of citizenship latvia residence permit by investment migration Affairs in Latvia, Latvindia can provide with. And find a school for your global needs the invested 50,000 euro with minimum. Not an easy requirement for a new company experts for all the required documents ( see above.! Please fill the form below to make an appointment have free access large. If your budget is low or if you invest in Latvindia project, which is required at the application case. A baltic Schengen member country which joined the European Union in 2004 invitation letter to facilitate Schengen visa found. Term resident of European Union in 2004 или на следующий рабочий день in exchange for investment in Europe qualified.