Latvia
Residence | Latvia
About latvia
Latvia is an EU member state situated along the Baltic Coast of Northeastern Europe, sharing borders with Estonia, Lithuania, Russia, and Belarus. It joined the European Union in 2004, became part of Europe’s Schengen Area in 2007, and adopted the Euro in 2014. Its identity, culture, and rich heritage may be seen and felt through its extensive medieval architecture. While its official language is Latvian, Russian is widely spoken across the country. Its population stands at approximately 1.8 million.
Country Information
Location: Northern Europe
Language: Latvian and Russian
Population: 1.8 million
Economy: Transport Sector
Currency: Euro
Latvia residence by investment
The Latvian Residence by Investment Program was established in 2010, allowing foreign nationals to legally seek a residence through financial contribution, be it through the investment into the equity of a Latvian company, a bank deposit in a Latvian bank, or though the purchase of interest-free government bonds. The applicant for residency may include his spouse and children under the age of 18.
Initially, a temporary residence is issued for five years with an ID renewal required every year. After five years of temporary residence, the applicant and his family may apply for permanent residence status under the conditions that they pass the A2 Latvian language test and show a history of physical residency in Latvia for four out of the five years. Only then, are permanent residence holders eligible to apply for Latvian citizenship, under the condition that they further demonstrate a history of physical residence in Latvia for another four out of five years
Investment Requirements
Options: Share Capital Investment, Real Estate, or Bank Deposit
Option 1: Share Capital Investment option starts at EUR 50,000 + Government Contribution starting at EUR 10,000 (Company investment entails a capital investment into a Latvian company which pays an annual tax of no less than EUR 40,000)
Option 2: Real Estate option starts at EUR 250,000 + State Fee of EUR 12,500 (5% of property value)
Option 3: Bank Deposit option starts at EUR 280,000 + Government Contribution of EUR 25,000 (Bank Deposit entails a capital deposit of no less than five years)
All options have additional government and legal fees
Process & time to residence
Step 1: Choose & Transfer Investment
Step 2: Submit residency application
Step 3: Verification and issuance of residency permit
*Issuance of residence is approximately 1 - 3 months after submission of application
Eligible Dependents
Main applicant’s spouse
Children under the age of 18
Residence Benefits
Most Affordable EU Residence by Investment Program
Visa free mobility within Europe’s Schengen area
Financial planning, access to EU banking, and no global taxation
Investment in an EU country
Access to both educational opportunities and healthcare
Ability to live, work, and study in Latvia
Eligibility for citizenship after ten years of legal residence
Family security in global instability
In the quest for global mobility and security, the Latvia Residence by Investment Program stands out as an attractive option for those seeking to enhance their lifestyle and opportunities within the European Union. Aryzen Global is here to guide you through this unique program, ensuring a seamless and successful application process.
Why Choose Latvia?
Latvia, nestled in the heart of the Baltic region, offers an appealing blend of vibrant city life, natural beauty, and a welcoming environment for investors. As a member of the European Union, Latvia provides its residents with access to the EU's vast economic and cultural resources. This dynamic country combines modern infrastructure with a rich cultural heritage, making it an ideal destination for those looking to expand their horizons.
Why Choose Aryzen Global for Your Latvia Residency?
Expert Guidance: Our team of experts has in-depth knowledge of the Latvia Residence by Investment Program, ensuring you receive accurate and effective advice.
Personalized Approach: We tailor our services to your specific needs and preferences, providing a customized strategy for your investment.
Comprehensive Services: From initial consultation to post-approval support, Aryzen Global offers a full range of services to facilitate a smooth application process.
Trusted Partner: With a track record of success and a commitment to excellence, we are your trusted partner in navigating the residency process.
Take the First Step Toward Your New Future
The Latvia Residence by Investment Program offers a gateway to new opportunities and a prosperous future. With Aryzen Global by your side, you can confidently embark on this journey, knowing you have the expertise and support needed to achieve your residency goals.
Enquire Today
Aryzen Global assists clients internationally in obtaining residence, citizenship and/or real estate under the respective programs. FIll the form below or contact us directly to arrange a private consultation with one of our expert advisors.
The Latvia Residence by Investment Program
The Latvia Residence by Investment Program is designed to attract foreign investors by offering a pathway to residency through various investment options. This program allows individuals and families to gain residence status in Latvia, providing numerous benefits and opportunities. Here's a closer look at the key aspects of the program:
Investment Options:
Real Estate Investment: One of the most popular routes is investing in real estate. Investors can acquire property in Latvia with a minimum investment amount, making it an accessible option for many. The property must be held for a specified period to maintain residency status.
Business Investment: Another option is to invest in a Latvian business or start a new enterprise. This route requires a commitment to contribute to the local economy and create employment opportunities.
Government Bonds: Investors can also choose to invest in Latvian government bonds, which offer a secure and straightforward path to residency.
Residency Benefits:
EU Access: As a resident of Latvia, individuals gain access to the EU's Schengen Area, allowing for visa-free travel across member states.
Business Opportunities: Latvia's favorable business environment and strategic location offer significant advantages for entrepreneurs and investors.
Quality of Life: Latvia boasts a high quality of life, with excellent healthcare, education, and a safe environment.
Application Process:
Initial Consultation: Aryzen Global will start by understanding your goals and guiding you through the various investment options available.
Preparation and Submission: We will assist you in preparing the necessary documentation and submitting your application to the relevant authorities.
Ongoing Support: Our team provides continuous support throughout the process, ensuring all requirements are met and your investment is compliant with Latvian regulations.
direct contact
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Phone: +1 202 709 9255
WhatsApp: +1 202 709 9255
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Phone: +1 949 293 0399
WhatsApp +1 202 709 9255
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Phone: +971 44532735
WhatsApp: +1 202 709 9255
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