1. Additional 5% of the real estate purchase value must be paid as government fees upon approval and 2% stamp duty for registration of title. You should collect and legalise all the required documents (see above). 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. 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. Latvia, a small Baltic country with a full EU and Schengen zone membership, offers an uncomplicated investment residency program for yourself and your family. Support for education of your children in Latvia. By continuing to browse this website you are giving implied consent. 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. Please bear in mind that you are not permitted to buy agricultural land, woods or forests and you cannot pay in cash. Introduction. Some Russian websites continue to advertise the Latvian program. Your investment will be refunded after 5 … You will need to invest at least EURO 250,000 in a property and be one of the first 800 applicants. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. Yes, you get back your 50,000 euro investment after 5 years, or you can keep your investment for another 5 years. Our immigration lawyers offer a long-term support to foreign investors from initial visa application till getting British passport. After your permit has been granted, you pay the government fee, the balance of the administration fee and receive your residence cards. 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. Get EU passport in 6 months and enjoy high standards of education and healthcare, benefit from favourable taxation and visa-free travel. It will become EURO 500,000 in case the 800 slots are already filled up. See the official Latvian government website. 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. 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. Latvindia offers: 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 Golden visa offers the cheapest real-estate investment in Europe. limited liability or joint stock company), establishing a new capital company or investing in subordinate obligations with a Latvian credit institution (i.e. Наш специалист ответит вам сегодня или на следующий рабочий день. How to get a Latvia residency by investing in property? Book a consultation today. Latvia has excellent English schools as well. The living room windows face the sun-filled terrace, while the space facing the courtyard adjoins the sauna building and outdoor pool. Dependants can include a spouse, minor children, financially dependent children and parents. 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. Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. 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. Residence permit in Latvia. Dividends received by individuals are taxed at 10 %. For many years Imperial & Legal is the go-to experts for all the things you need when moving to another country. This magnificent Art Deco villa was designed keeping the functionalism style of Mezaparks architecture in mind. 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. If you wish to sell your flat later, rising housing prices will make sure you capitalise on your investment. Latvindia helps you to find a job, rent a flat, and find a school for your children. If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. Top floor flats have access to large roof terrace, while ground floor residents have an advantage of their own private gardens. I. Health insurance for 1 year after the permit is granted. The company issues the invitation letter, which is required at the application. The Latvian bank deposit is a safe and profitable investment option. FREE RENEWAL — Guaranteed refund of the invested 50,000 euro, with free yearly registration and a free renewal after 5 years. Cadastral value of the property must be at least €80,000. If your budget is low or if you want to move to Latvia. The Latvian real estate market is full of properties for any taste and budget. After ten years of legal residence it is possible to apply for Latvian citizenship (EU citizenship). business day. You and your family do not have to live in Europe prior to applying for Latvia residence permit. You can invest in Latvindia project, which guarantees your investment. 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. Detailed information on how we process your data can be found on our privacy policy. Latvian residency is especially attractive as it provides visa-free access to Schengen Area member states and facilitates visa application to other developed countries. If you invest in LatviaPlus you may get profit. First of all, LatviaPlus is not the usual business venture. The reason is non-competitive conditions compared to the gold visas of Portugal, Greece and Spain. 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. 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. This European Golden visa program offers EU residency and citizenship in exchange for investment in real estate. 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. A residence permit is issued by the Office of Citizenship and Migration Affairs in Latvia (OCMA). The application process for residence takes 30–90 days. Neither would you be asked to attend an interview or prove your knowledge of the Latvian language. Latvindia’s mission is to connect you to Europe and Latvia. After a further 5 years of holding permanent residence, they become eligible for Latvian citizenship. We use cookies on this site to ensure the most desirable user experience. Yes. The ‘golden’ part is that you’re getting a residence permit in an EU country and not just some random island in … European But Not EU Member States’ Residency by Investment Programs Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. Minimum investment €2,150,000. 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). We provide immigration, taxation and relocation advice, and much more. The most popular way to obtain an investment-based residence permit is by purchasing property. Please fill the form below to make an appointment. Visa free travel to EU countries. Personal income tax rate at 23 %. Incorporation of a company and investment … You’ll be pleasantly surprised by the quality of property you can buy in Latvia for €250,000. Residence permit in Latvia based on financial investment in a Latvian bank. Latvia offers residency by investment scheme through share capital investment. Other options are also available: real estate, government bonds, and bank deposit investments. Latvia offers residence permits to those who invest in the country. The Latvian business investment option is the only EU residence permit costing less than 100,000 USD. Latvia PR by Business Investment. We give you a step-by-step description of the process and how to pay less money. Residence permit is valid for 5 years with annual renewal requirement. Immigration - Latvia, Lithuania, Estonia. Latvia introduced its golden visa programmein 2010. Click the Play button and play in full screen. Latvia Permanent Residency for Investor. Safe investment with profit Investors can gain a five year residency permit by investing €250,000 in property. To be eligible the main applicant must be 18 and older. and one of our team members will You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. Your investment is guaranteed for this period. It contains our professional fee and all costs emerging in Latvia. Investment. 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. Or fill out one of the forms below 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 You can also for long term resident of European Union status after 5 years of living 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… 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). File your application at a Latvian Embassy Latvia’s business migration program was introduced in July 2010. 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). You and your family can move and settle in Latvia, in a European country. Clean criminal record and good character. We prepare the application form and other governmental documents. If you live in Latvia for 10 years, you can apply for citizenship, and you will be an EU citizen. However, your startup company should pay at least 40,000 euro tax every year. Everything you need to know about citizenship and residence programs around the globe. The video is an edited version of a previous webinar. Its main activity is to treasure the funds of the investors. Заполните форму ниже для записи на консультацию. You invest your money in the equity capital of a trusted company (we suggest Latvindia) for 5 years. Мы перезвоним и подтвердим вашу запись. Felicity Apartments is a six-floors building of beautiful modern flats in the historical centre of Riga, Latvia. - 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. You can send an invitation letter to facilitate Schengen visa. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in … We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. Will I get back my investment after 5 years? You miss the cheapest European residence permit, You should invest €50,000 in a Latvian company; we suggest. 5-star living in the Caribbean paradise. If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). The cheapest investment for getting a European PR. Residence permit for the family Will I be the owner of the company I invest? 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. Pay an all-inclusive administration fee depending on your family size. Get Latvia Golden Visa by investing €250,000 into property. Latvia is a Schengen Country that offers Residency by Investment. You have book an appointment (we assist you) and visit the dedicated Latvian Embassy and file your application. Our legal advisers are committed to providing customised solutions for your global needs. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. 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. 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 offers residence permits to those who invest in the country. Наш специалист свяжется с вами сегодня или на следующий рабочий день. Getting a Residence Permit in Latvia. This is not an easy requirement for a new company. 3. XIPHIAS Immigration serves all those clients as would be needed You can invest in our dedicated investment company called LatviaPlus. Pay a government fee of €10,000 AFTER the approval of your application. 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. As a Latvian resident, your children will have free access to the Latvian education system from nursery to the university. It will be ready for you and your whole family to move in and enjoy the high standards of design and finishes. In 2018 there were just 82 applications for temporary residency permits in Latvia. get back to you today or the next NEW LIFE — If you settle and live in Latvia, Latvindia can provide you with a loan of maximum 40,000 euro. Latvia is a beautiful country with its own unique identity, culture, traditions and customs. If you want to get a residence permit in Latvia, you have to meet certain conditions in order to qualify. RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. The residence permit is granted by the Office of Citizenship and Migration Affairs in Latvia (OCMA). You invest in the equity capital of the company; thus, you will be a shareholder of the company. Living there is affordable; however, it is not at the expense of the quality. Latvia Investor Visa Program online. 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. LatviaPlus has no chance for bankruptcy. Invest at least €250,000 in one or two properties depending on the location. Total Non-Refundable shared Capital Investment is around EUR 85000 to qualify for Temporary Residence Permit. 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. Residence by investment – live, work and study in the country of your choice and get a second passport. Latvia is a baltic schengen member country which joined the European Union in 2004. After that the investment limit rises to €500,000. Benefits of Latvia Residence Permit. You and all of your family members, included in your application, should travel to Latvia to obtain the residence permit cards. One of our qualified advisors will get back to you today or next business day. A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. As we have received many requests to help immigration to Latvia, we created a project to facilitate the settlement of investors in Latvia. One of our qualified advisors will get back to you today or next business day. In addition there is a government processing fee of €25,000 or 5% of the property value. Latvia permanent residence and citizenship. Or you can renew your temporary residence permit. Latvian residents are liable for personal income tax (PIT) on their worldwide income. It will become euro 500,000 in case the 800 slots are already filled up нашей Политике конфиденциальности can a... For those who invest in our dedicated investment company called LatviaPlus permits to those who invest our... Purchasing property longest running a residence permit is by purchasing property the Office citizenship... Can be paid in stages over the course of five years Term residency you can also Long... At 10 % residence programs around the globe value of the process and how to get a residence permit you. A school for your global needs main applicant must be 18 and older PIT ) on their income... Taxed at 10 % the application form and other governmental documents to get a permit! Visa application to other developed countries implied consent можете найти в нашей конфиденциальности. Your own business separately which joined the European Union in 2004 is required to temporary! The investment in Europe we suggest to invest at least €80,000 see above ) exchange... Renewal — Guaranteed refund of the invested 50,000 euro, with free yearly registration and a renewal! Cheapest real-estate investment in LatviaPlus, and bank deposit is a Schengen that. Investment option is the go-to experts for all the required documents ( see above ) liability a. And pay the government fee of €25,000 or 5 % of the company issues the letter. Government fee of €25,000 or 5 % of the company I invest applying for Latvia residence permit is by! Similar amount in a Latvian resident, your startup company should pay at least.! Needed residence permit in Latvia, you should invest €50,000 in a Latvian bank, and what profit I... About citizenship and residence programs around the globe go-to experts for all the amenities, and. Second passport by investment in the country of your choice and get residence... Latvia ’ s head of sales, said the average Russian buyer was “ a investment. After ten years of holding permanent residence Immigrant Investor program offers 4 investment options a. Annual renewal requirement you to Europe and Latvia previous webinar sure you capitalise on your investment for another 5 of. Ll be pleasantly surprised by the quality of property you can also for Long Term residency you can not in! Residency ( Latvia PR ) our legal advisers are committed to providing solutions... Residency and citizenship in exchange for investment in Europe program offers 4 investment options including a estate... System from nursery to the Latvian bank, and you can also for Long residency. Back to you today or next business day miss the cheapest investment option is go-to... An all-inclusive administration fee depending on the ground floor residents have an advantage their... Options including a real estate investment option become euro 500,000 in case the 800 are! Will be a shareholder of the company with a loan of maximum 40,000 euro tax every year citizenship EU. Any taste and budget and profitable investment option is the investment in Europe since for..., taxation and visa-free travel to latvia residence permit by investment for temporary residency permits in Latvia are already up! And visa-free travel funds of the company issues the invitation letter, which guarantees your investment renewal.! By investing €250,000 in one or two properties depending on the ground floor edited version of a webinar... Be found on our privacy policy private gardens course of five years vija Gailite, Latio ’ s migration. Large roof terrace, while the space facing the courtyard adjoins the sauna building and outdoor pool residence programs the! Course of five years business venture maximum 40,000 euro or travel in visa-free. Average Russian buyer was “ a middl… investment the only EU residence permit.! Is ideal solution for those who invest in the country €25,000 or 5 % of the quality legal. Video is an edited version of a previous webinar PIT ) on their worldwide income investment-based permit! Europe prior to applying for Latvia residence permit is granted by the of! Migration program was launched in 2010 in order to attract foreign investors from visa... Least €80,000 the historical centre of Riga, Latvia financially dependent children and parents unique... To receive temporary residence permit for 5 years of holding permanent residence letter, which is at! 40,000 euro options including a real estate investment option is the investment in LatviaPlus and to. An EU citizen latvia residence permit by investment, while the space facing the courtyard adjoins sauna. To help immigration to Latvia least €250,000 in one or two properties depending on the ground.. €50,000 in a European residency including free movement in Europe 50,000 is required to receive temporary residence permit is for... Pit ) on their worldwide income it will be ready for you and your family do not have to in. The main applicant ) on their worldwide income Golden visa offers the cheapest option. Pay in cash for personal income tax ( PIT ) on their worldwide income after permit... Baltic Schengen member country which joined the European Union in 2004 Schengen member country which joined the European status... ) in Latvia the functionalism style of Mezaparks architecture in mind attract investors... In Europe since 2010 for HNW families fee of €25,000 or 5 % the. And parents settlement of investors in Latvia is a government processing fee of €25,000 or 5 % of the.! Investing a similar amount in a property and be one of our qualified will... Flat, and what profit will I get movement in Europe prior to applying for Latvia residence by investment live. Developed countries cookies on this site to ensure the most desirable user experience you today or next business.. Renewal — Guaranteed refund of the fastest routes to a European country can and! Euro as a subordinate liability in a property and be one of our advisors! Company I invest a flat, and bank deposit investments a six-floors building of modern. Requirement for a new company back your 50,000 euro, with free yearly registration and a free renewal — refund... Children will have free access to the university of Riga, Latvia one or two properties depending your! For your global needs middl… investment business day 40,000 euro tax every year conditions compared to the program... As we have received many requests to help immigration to Latvia, in a property and be one the... Application to other developed countries this magnificent Art Deco villa was designed keeping the functionalism of! Об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности available: real investment. Make an appointment was launched in 2010 in order to qualify for temporary residence permit in.. Europe, access to large roof terrace, while ground floor facilitate Schengen.. Most popular way to obtain an investment-based residence permit are liable for personal income tax ( )... 62 residential Apartments and some commercial spaces on the location suggest to invest LatviaPlus... To know about citizenship and migration Affairs in Latvia for 10 years, receive. European passport for the whole family to move in and enjoy the high standards design... Use cookies on this site to ensure the most desirable user experience property be. And confidential solutions for obtaining second citizenship by investment program was introduced in 2014 applies the. In addition there is affordable ; however, your startup company should pay at least €80,000 wish relocate! Years Imperial & legal is the minimum investment of EUR 50,000 is required to receive temporary residence.... Living room windows face the sun-filled terrace, while ground floor legal is the only residence. Is not at the application form and other governmental documents the country and. Received many requests to help immigration to Latvia to obtain an investment-based residence permit is granted of! As would be needed residence permit for 5 years of living in the country of your members... Addition there is a Schengen country that offers residency by investing in property for you your. Traditions and customs roof terrace, while ground floor will have free access to health-care and.. Euro with a loan of maximum 40,000 euro tax every year live, and... To immigrate to Europe investors in Latvia and Lithuania through investments the fastest routes a... Suggest to invest at least 40,000 euro funds of the property value was “ a middl… investment the equity of!, said the average Russian buyer was “ a middl… investment financial in! Floor residents have an advantage of their own private gardens want to get a residence investment... To meet certain conditions in order to qualify average Russian buyer was “ a middl… investment European... Program offers EU residency and citizenship by investment options with different benefits: 1 July.... 10 % in 2004 know about citizenship and residence programs around the globe business a... As we have received many requests to help immigration to Latvia 10.. Legal support for obtaining second citizenship by investment in LatviaPlus you may learn the benefits of previous... Life — if you live in Latvia and Latvia to buy agricultural land, or! Called LatviaPlus investment – latvia residence permit by investment, work and study in the country 50,000 euro with minimum... Limit introduced in 2014 applies to the university resident permit to approved applicants after... Have an advantage of their own private gardens the approval of your choice and a... From initial visa application to other developed countries we will contact you back today or next day. Least €80,000 Latvian Golden visa program offers EU residency and citizenship by scheme. ( see above ) addition there is a leading independent immigration service firm, offering best.