Getting a Residence Permit in Latvia. Get EU passport in 6 months and enjoy high standards of education and healthcare, benefit from favourable taxation and visa-free travel. Latvindia offers: We give you a step-by-step description of the process and how to pay less money. 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. This European Golden visa program offers EU residency and citizenship in exchange for investment in real estate. The building includes 62 residential apartments and some commercial spaces on the ground floor. The Latvia RBI program provides a 5-year resident permit to approved applicants, after which they can apply for permanent residence. It contains our professional fee and all costs emerging in Latvia. If you live in Latvia for 5 years, you can apply for permanent residency (Latvia PR). Latvia residence by investment. 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 get back to you today or the next Latvia permanent residence and citizenship. We provide immigration, taxation and relocation advice, and much more. 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. A minimum investment of EUR 50,000 is required to receive temporary residence permit (5 years) in Latvia. Latvia Permanent Residency for Investor. Мы перезвоним и подтвердим вашу запись. Latvia introduced its golden visa programmein 2010. Immigration - Latvia, Lithuania, Estonia. You can send an invitation letter to facilitate Schengen visa. Under the Latvian investment residency program, investors can obtain a Temporary Residency Permit (TRP) for 5 years, with annual renewals applicable. Наш специалист ответит вам сегодня или на следующий рабочий день. Latvia is a Schengen Country that offers Residency by Investment. 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. 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. Support for moving and living in Latvia The associated expenses can be paid in stages over the course of five years. You will have visa-free access to all 26 countries of the Schengen zone, access to state education and health care in Latvia… Total Non-Refundable shared Capital Investment is around EUR 85000 to qualify for Temporary Residence Permit. Dependants can include a spouse, minor children, financially dependent children and parents. You and your family do not have to live in Europe prior to applying for Latvia residence permit. 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 suggest to invest in LatviaPlus and try to run your own business separately. Latvia Investor Visa Program online. One of the fastest routes to a European passport for the whole family. Latvia has excellent English schools as well. You invest in the equity capital of the company; thus, you will be a shareholder of the company. Latvia is a beautiful country with its own unique identity, culture, traditions and customs. Everything you need to know about citizenship and residence programs around the globe. You can also for long term resident of European Union status after 5 years of living in Latvia. For many years Imperial & Legal is the go-to experts for all the things you need when moving to another country. Visa for whole family. 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. LatviaPlus has no chance for bankruptcy. PROFIT â Guaranteed refund of the invested 50,000 euro with a minimum yearly profit of 1,5%. Vija Gailite, Latio’s head of sales, said the average Russian buyer was “a middl… Invest 50,000 euro in a Latvian company The company issues the invitation letter, which is required at the application. 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 1. Latvia’s business migration program was introduced in July 2010. Collect the documents 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. 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. Your investment will be refunded after 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. One of our qualified advisors will call you back today or next business day. What is the minimum investment (in euro)? However, your startup company should pay at least 40,000 euro tax every year. You have book an appointment (we assist you) and visit the dedicated Latvian Embassy and file your application. Visa free travel to EU countries. After ten years of legal residence it is possible to apply for Latvian citizenship (EU citizenship). One of our qualified advisors will get back to you today or next business day. Citizenship 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. Safe investment with profit A residence permit is issued by the Office of Citizenship and Migration Affairs in Latvia (OCMA). You miss the cheapest European residence permit, You should invest €50,000 in a Latvian company; we suggest. Dividends received by individuals are taxed at 10 %. In addition there is a government processing fee of €25,000 or 5% of the property value. You can invest in Latvindia project, which guarantees your investment. Minimum investment €2,150,000. 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. Residence permit is valid for 5 years with annual renewal requirement. Your investment is guaranteed for this period. The new limit introduced in 2014 applies to the first 800 applicants. We prepare the application form and other governmental documents. The application process for residence takes 30–90 days. 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. Some Russian websites continue to advertise the Latvian program. This is not an easy requirement for a new company. Pay an all-inclusive administration fee depending on your family size. It will become EURO 500,000 in case the 800 slots are already filled up. Residence permit for the family Benefits of Latvia Residence Permit. Invest at least €250,000 in one or two properties depending on the location. NEW LIFE â If you settle and live in Latvia, Latvindia can provide you with a loan of maximum 40,000 euro. Felicity Apartments is a six-floors building of beautiful modern flats in the historical centre of Riga, Latvia. File your application at a Latvian Embassy If you invest in LatviaPlus you may get profit. 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. As we have received many requests to help immigration to Latvia, we created a project to facilitate the settlement of investors in Latvia. Apart from that, you must also pass the Latvian language test, have knowledge of general history of the country and know the National anthem. You can invest in our dedicated investment company called LatviaPlus. The Latvian business investment option is the only EU residence permit costing less than 100,000 USD. As a result, you may move to another EU country, you can live, study and work in that country, like Germany or Netherlands. Latvian residents are liable for personal income tax (PIT) on their worldwide income. RCP is a leading independent immigration service firm, offering the best residency and citizenship by investment options in Europe. Our immigration lawyers offer a long-term support to foreign investors from initial visa application till getting British passport. Will I be the owner of the company I invest? Get Latvia Golden Visa by investing €250,000 into property. Permanent residency Incorporation of a company and investment … About 150 m2 of high-quality living in the city centre, close to all the amenities, schools and shops. Yes, you get back your 50,000 euro investment after 5 years, or you can keep your investment for another 5 years. If your budget is low or if you want to move to Latvia. Investment. Latvia Residency: Bank Deposit Investment. By continuing to browse this website you are giving implied consent. Available funds to maintain yourself and your family. It is possible to receive residence permit for up to 5 years in Latvia and for up to 1 year in … Get second citizenship by investment for the whole family with access to beneficial taxation and visa-free travel. Latvia offers residency by investment scheme through share capital investment. 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 may deposit 280,000 euro as a subordinate liability in a Latvian bank, and pay the government fee. Book a consultation today. Additional 5% of the real estate purchase value must be paid as government fees upon approval and 2% stamp duty for registration of title. Contact us for the details. One of our qualified advisors will get back to you today or next business day. 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. As a Latvian resident, your children will have free access to the Latvian education system from nursery to the university. limited liability or joint stock company), establishing a new capital company or investing in subordinate obligations with a Latvian credit institution (i.e. You may learn the benefits of a European residency including free movement in Europe, access to health-care and education. 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. 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. Neither would you be asked to attend an interview or prove your knowledge of the Latvian language. It wasn’t that there weren’t enough properties to go around; Riga’s steeple-studded skyline is once again dotted with cranes. Latvia offers residence permits to those who invest in the country. Support for education of your children in Latvia. Latvia is a baltic schengen member country which joined the European Union in 2004. You invest your money in the equity capital of a trusted company (we suggest Latvindia) for 5 years. Investors can gain a five year residency permit by investing €250,000 in property. Yes. Latvia Golden visa offers the cheapest real-estate investment in Europe. To be eligible the main applicant must be 18 and older. If you want to get a residence permit in Latvia, you have to meet certain conditions in order to qualify. You should collect and legalise all the required documents (see above). Latvia, a small Baltic country with a full EU and Schengen zone membership, offers an uncomplicated investment residency program for yourself and your family. 2. The video is an edited version of a previous webinar. Engage us 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). Living there is affordable; however, it is not at the expense of the quality. Personal income tax rate at 23 %. Since 2010, Latvia has been issuing residence permits to foreign nationals in exchange for investment in the country's economy. Travel to Latvia and get your residence card 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. In 2018 there were just 82 applications for temporary residency permits in Latvia. Заполните форму ниже для записи на консультацию. Its main activity is to treasure the funds of the investors. 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. 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. 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. We use cookies on this site to ensure the most desirable user experience. The Latvian real estate market is full of properties for any taste and budget. 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). Residence permit in Latvia. 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. 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. The Latvian bank deposit is a safe and profitable investment option. Информацию об обработке ваших персональных данных вы можете найти в нашей Политике конфиденциальности. Top floor flats have access to large roof terrace, while ground floor residents have an advantage of their own private gardens. 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. Or you can renew your temporary residence permit. Or fill out one of the forms below After that the investment limit rises to €500,000. Detailed information on how we process your data can be found on our privacy policy. Residence by investment – live, work and study in the country of your choice and get a second passport. You’ll be pleasantly surprised by the quality of property you can buy in Latvia for €250,000. Latvia has the oldest and longest running a residence by investment schemes in Europe since 2010 for HNW families. 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. 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). Latvia residence by investment is ideal solution for those who wish to relocate or travel in Europe visa-free. You and your family can move and settle in Latvia, in a European country. 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 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 After a further 5 years of holding permanent residence, they become eligible for Latvian citizenship. business day. Health insurance for 1 year after the permit is granted. Will I get back my investment after 5 years? You can also get residency by investing a similar amount in a Latvian business or a local bank. Latvia residence by investment program was launched in 2010 in order to attract foreign investors. Latvindia helps you to find a job, rent a flat, and find a school for your children. Our legal advisers are committed to providing customised solutions for your global needs. Cadastral value of the property must be at least €80,000. Introduction. Наш специалист свяжется с вами сегодня или на следующий рабочий день. The residence permit is granted by the Office of Citizenship and Migration Affairs in Latvia (OCMA). How safe is the investment in LatviaPlus, and what profit will I get? If your budget is limited, simply invest in a trusted Latvian company, pay the fees, and get a European residence permit within three months. The ‘golden’ part is that you’re getting a residence permit in an EU country and not just some random island in … This magnificent Art Deco villa was designed keeping the functionalism style of Mezaparks architecture in mind. After your permit has been granted, you pay the government fee, the balance of the administration fee and receive your residence cards. Please bear in mind that you are not permitted to buy agricultural land, woods or forests and you cannot pay in cash. The reason is non-competitive conditions compared to the gold visas of Portugal, Greece and Spain. The Latvia Immigrant Investor Program offers 4 investment options including a real estate investment option. In return, you receive a residence permit for 5 years. You will need to invest at least EURO 250,000 in a property and be one of the first 800 applicants. Latvia PR by Business Investment. Latvia offers residence permits to those who invest in the country. All dependent family members can apply for Latvia Residence Permit together with the main applicant. 5-star living in the Caribbean paradise. 3. The Latvian residence, amicably called the Latvian Golden Visa, offers the cheapest residency by investment in Europe. First of all, LatviaPlus is not the usual business venture. Yes. If you wish to sell your flat later, rising housing prices will make sure you capitalise on your investment. We offer you 3 investment options with different benefits: 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. XIPHIAS Immigration serves all those clients as would be needed Please fill the form below to make an appointment. We will contact you back to confirm your consultation. We offer personalised and confidential solutions for obtaining second citizenship by investment in the country of your choice. - 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. The most popular way to obtain an investment-based residence permit is by purchasing property. Latvia provides the cheapest investment option to immigrate to Europe. Clean criminal record and good character. If you live in Latvia for 10 years, you can apply for citizenship, and you will be an EU citizen. Minimum investment $100,000. It will be ready for you and your whole family to move in and enjoy the high standards of design and finishes. 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. The cheapest investment for getting a European PR. See the official Latvian government website. 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. and one of our team members will EU Long Term Residency Baltic Legal offers useful advice and high quality legal support for obtaining temporal residence permit in Latvia and Lithuania through investments. How to get a Latvia residency by investing in property? Other options are also available: real estate, government bonds, and bank deposit investments. Pay a government fee of €10,000 AFTER the approval of your application. Click the Play button and play in full screen. 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. I. 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. Company should pay at least euro 250,000 in a Latvian bank deposit is a government processing fee €25,000... Dedicated investment company called LatviaPlus to a European passport for latvia residence permit by investment whole family with access Schengen. 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