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. File your application at a Latvian Embassy You and your family do not have to live in Europe prior to applying for Latvia residence permit. Residence permit in Latvia. You’ll be pleasantly surprised by the quality of property you can buy in Latvia for €250,000. The video is an edited version of a previous webinar. 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. Latvia offers residence permits to those who invest in the country. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. Total Non-Refundable shared Capital Investment is around EUR 85000 to qualify for Temporary Residence Permit. Clean criminal record and good character. In addition there is a government processing fee of €25,000 or 5% of the property value. 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. We prepare the application form and other governmental documents. However, your startup company should pay at least 40,000 euro tax every year. Baltic Legal offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia and Lithuania through investments. Book a consultation today. 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. Dependants can include a spouse, minor children, financially dependent children and parents. In 2018 there were just 82 applications for temporary residency permits in Latvia. Or you can renew your temporary residence permit. See the official Latvian government website. Мы перезвоним и подтвердим вашу запись. 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. 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 Pay an all-inclusive administration fee depending on your family size. Latvia Investor Visa Program online. Felicity Apartments is a six-floors building of beautiful modern flats in the historical centre of Riga, Latvia. You will need to invest at least EURO 250,000 in a property and be one of the first 800 applicants. Contact us for the details. Latvindia offers: Latvia, a small Baltic country with a full EU and Schengen zone membership, offers an uncomplicated investment residency program for yourself and your family. If your budget is low or if you want to move to Latvia. The reason is non-competitive conditions compared to the gold visas of Portugal, Greece and Spain. For many years Imperial & Legal is the go-to experts for all the things you need when moving to another country. 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. How to get a Latvia residency by investing in property? Investors can gain a five year residency permit by investing €250,000 in property. Under the Latvian investment residency program, investors can obtain a Temporary Residency Permit (TRP) for 5 years, with annual renewals applicable. By continuing to browse this website you are giving implied consent. 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. 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. Additional 5% of the real estate purchase value must be paid as government fees upon approval and 2% stamp duty for registration of title. If you wish to sell your flat later, rising housing prices will make sure you capitalise on your investment. 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. As we have received many requests to help immigration to Latvia, we created a project to facilitate the settlement of investors in Latvia. 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). Visa for whole family. The Latvian residence, amicably called the Latvian Golden Visa, offers the cheapest residency by investment in Europe. Latvia has excellent English schools as well. One of our qualified advisors will call you back today or next business day. Latvia provides the cheapest investment option to immigrate to Europe. Getting a Residence Permit in Latvia. You will have visa-free access to all 26 countries of the Schengen zone, access to state education and health care in Latvia… Latvia Permanent Residency for Investor. A residence permit is issued by the Office of Citizenship and Migration Affairs in Latvia (OCMA). Latvia’s business migration program was introduced in July 2010. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. European But Not EU Member States’ Residency by Investment Programs Visa free travel to EU countries. 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). Safe investment with profit The ‘golden’ part is that you’re getting a residence permit in an EU country and not just some random island in … The Latvia RBI program provides a 5-year resident permit to approved applicants, after which they can apply for permanent residence. After ten years of legal residence it is possible to apply for Latvian citizenship (EU citizenship). Latvian residents are liable for personal income tax (PIT) on their worldwide income. Latvindia’s mission is to connect you to Europe and Latvia. As a result, you may move to another EU country, you can live, study and work in that country, like Germany or Netherlands. Permanent residency 2. 1. 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). 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. business day. You can also get residency by investing a similar amount in a Latvian business or a local bank. 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. How safe is the investment in LatviaPlus, and what profit will I get? If you invest in LatviaPlus you may get profit. Заполните форму ниже для записи на консультацию. PROFIT — Guaranteed refund of the invested 50,000 euro with a minimum yearly profit of 1,5%. NEW LIFE — If you settle and live in Latvia, Latvindia can provide you with a loan of maximum 40,000 euro. The new limit introduced in 2014 applies to the first 800 applicants. Other options are also available: real estate, government bonds, and bank deposit investments. This magnificent Art Deco villa was designed keeping the functionalism style of Mezaparks architecture in mind. Dividends received by individuals are taxed at 10 %. Your investment will be refunded after 5 … You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. One of our qualified advisors will get back to you today or next business day. Some Russian websites continue to advertise the Latvian program. You should collect and legalise all the required documents (see above). 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. About 150 m2 of high-quality living in the city centre, close to all the amenities, schools and shops. Minimum investment $100,000. Apart from that, you must also pass the Latvian language test, have knowledge of general history of the country and know the National anthem. Investment. - 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. Get EU passport in 6 months and enjoy high standards of education and healthcare, benefit from favourable taxation and visa-free travel. Collect the documents One of the fastest routes to a European passport for the whole family. The residence permit is granted by the Office of Citizenship and Migration Affairs in Latvia (OCMA). Travel to Latvia and get your residence card Latvian residency is especially attractive as it provides visa-free access to Schengen Area member states and facilitates visa application to other developed countries. The most popular way to obtain an investment-based residence permit is by purchasing property. Citizenship The cheapest investment for getting a European PR. Yes, you get back your 50,000 euro investment after 5 years, or you can keep your investment for another 5 years. and one of our team members will The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. 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. Latvia residence by investment. The Latvian business investment option is the only EU residence permit costing less than 100,000 USD. Наш специалист свяжется с вами сегодня или на следующий рабочий день. We will contact you back to confirm your consultation. You can send an invitation letter to facilitate Schengen visa. Benefits of Latvia Residence Permit. Residence permit is valid for 5 years with annual renewal requirement. We use cookies on this site to ensure the most desirable user experience. If you want to get a residence permit in Latvia, you have to meet certain conditions in order to qualify. It contains our professional fee and all costs emerging in Latvia. What is the minimum investment (in euro)? The Latvian real estate market is full of properties for any taste and budget. get back to you today or the next This is not an easy requirement for a new company. 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. Residence by investment – live, work and study in the country of your choice and get a second passport. The Latvian bank deposit is a safe and profitable investment option. 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. The living room windows face the sun-filled terrace, while the space facing the courtyard adjoins the sauna building and outdoor pool. A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. Latvia offers residence permits to those who invest in the country. You invest in the equity capital of the company; thus, you will be a shareholder of the company. Please fill the form below to make an appointment. 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. Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. FREE RENEWAL — Guaranteed refund of the invested 50,000 euro, with free yearly registration and a free renewal after 5 years. 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 is a Schengen Country that offers Residency by Investment. Click the Play button and play in full screen. We offer you 3 investment options with different benefits: One of our qualified advisors will get back to you today or next business day. Available funds to maintain yourself and your family. EU Long Term Residency The associated expenses can be paid in stages over the course of five years. After your permit has been granted, you pay the government fee, the balance of the administration fee and receive your residence cards. Latvia is a baltic schengen member country which joined the European Union in 2004. Living there is affordable; however, it is not at the expense of the quality. RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. 5-star living in the Caribbean paradise. You miss the cheapest European residence permit, You should invest €50,000 in a Latvian company; we suggest. 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. 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. Immigration - Latvia, Lithuania, Estonia. I. You can also for long term resident of European Union status after 5 years of living in Latvia. It wasn’t that there weren’t enough properties to go around; Riga’s steeple-studded skyline is once again dotted with cranes. 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. Cadastral value of the property must be at least €80,000. Detailed information on how we process your data can be found on our privacy policy. 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. Personal income tax rate at 23 %. You can invest in Latvindia project, which guarantees your investment. This European Golden visa program offers EU residency and citizenship in exchange for investment in real estate. Invest 50,000 euro in a Latvian company In return, you receive a residence permit for 5 years. Residence permit in Latvia based on financial investment in a Latvian bank. 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. Health insurance for 1 year after the permit is granted. To be eligible the main applicant must be 18 and older. Support for education of your children in Latvia. Everything you need to know about citizenship and residence programs around the globe. 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 limited liability or joint stock company), establishing a new capital company or investing in subordinate obligations with a Latvian credit institution (i.e. If you live in Latvia for 10 years, you can apply for citizenship, and you will be an EU citizen. You have book an appointment (we assist you) and visit the dedicated Latvian Embassy and file your application. Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. Engage us After that the investment limit rises to €500,000. Its main activity is to treasure the funds of the investors. Latvia PR by Business Investment. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in … Your investment is guaranteed for this period. As a Latvian resident, your children will have free access to the Latvian education system from nursery to the university. First of all, LatviaPlus is not the usual business venture. LatviaPlus has no chance for bankruptcy. After a further 5 years of holding permanent residence, they become eligible for Latvian citizenship. Minimum investment €2,150,000. Latvia permanent residence and citizenship. You and your family can move and settle in Latvia, in a European country. Or fill out one of the forms below If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). 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. Top floor flats have access to large roof terrace, while ground floor residents have an advantage of their own private gardens. You may deposit 280,000 euro as a subordinate liability in a Latvian bank, and pay the government fee. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. Introduction. Yes. Latvia Golden visa offers the cheapest real-estate investment in Europe. 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. We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. Latvia is a beautiful country with its own unique identity, culture, traditions and customs. All dependent family members can apply for Latvia Residence Permit together with the main applicant. Please bear in mind that you are not permitted to buy agricultural land, woods or forests and you cannot pay in cash. Latvia offers residency by investment scheme through share capital investment. Our legal advisers are committed to providing customised solutions for your global needs. Latvia introduced its golden visa programmein 2010. The company issues the invitation letter, which is required at the application. Neither would you be asked to attend an interview or prove your knowledge of the Latvian language. We suggest to invest in LatviaPlus and try to run your own business separately. It will be ready for you and your whole family to move in and enjoy the high standards of design and finishes. Will I get back my investment after 5 years? Support for moving and living in Latvia If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. You and all of your family members, included in your application, should travel to Latvia to obtain the residence permit cards. Our immigration lawyers offer a long-term support to foreign investors from initial visa application till getting British passport. You can invest in our dedicated investment company called LatviaPlus. Latvindia helps you to find a job, rent a flat, and find a school for your children. 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. Latvia Residency: Bank Deposit Investment. Pay a government fee of €10,000 AFTER the approval of your application. Incorporation of a company and investment … 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. 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. Residence permit for the family Yes. We provide immigration, taxation and relocation advice, and much more. 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). It will become EURO 500,000 in case the 800 slots are already filled up. Invest at least €250,000 in one or two properties depending on the location. Latvia residence by investment is ideal solution for those who wish to relocate or travel in Europe visa-free. 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. Will I be the owner of the company I invest? XIPHIAS Immigration serves all those clients as would be needed The building includes 62 residential apartments and some commercial spaces on the ground floor. 3. 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