The Latvia Residence by Investment Programme, introduced in 2010, offers a fast track to EU residency. Investors can obtain residence permits by investing in Latvian companies, making subordinated loans to Latvian banks, or purchasing government bonds. With over EUR 1.3 billion raised, Latvia has attracted significant foreign investment. The real estate investment option was suspended in January 2022, but other options remain available for obtaining residency.
The Latvia Residence by Investment Programme, introduced in 2010, offers a fast track to EU residency. Investors can obtain residence permits by investing in Latvian companies, making subordinated loans to Latvian banks, or purchasing government bonds. With over EUR 1.3 billion raised, Latvia has attracted significant foreign investment. The real estate investment option was suspended in January 2022, but other options remain available for obtaining residency.
To qualify for citizenship, you need to:
for you and your family, including all associated costs.
Before submitting your documents for review by the Latvian government, Emirates Advisory will conduct comprehensive background and eligibility checks to ensure your investment meets all requirements for a smooth application process. This preliminary check is fully Confidential and Secure.
The government will review the application within 30 to 90 days. After approval of the application at the Office of Citizenship and Migration Affairs of the Republic of Latvia, the applicant should visit Latvia within 3 months to collect their short-term residence permit. The validity of the residence permit is 5 years with the ID card’s annual renewal requirement.
To be eligible for Latvian Permanent Residence, an applicant must reside in the country for at least 5 years and know the Latvian language, general history, and national anthem.
After 10 years of residence, you are eligible for citizenship. There is no direct citizenship program by investment.
Latvia Residence by Investment Program provides residence to individuals and their families through substantial investments.
There are two ways to invest in Latvia: by purchasing real estate in Latvia and paying a state fee or by investing in the equity capital of a Latvian company.
Additionally, applicants must demonstrate sufficient funds to maintain their standard of living without government assistance.
An investment in the equity capital of a Latvian company and a one-time payment to the state budget starts at EUR 50,000+.
After 5 years of residence, you can obtain permanent residency in Latvia.
After 10 years of residence, you are eligible for citizenship. There is no direct citizenship program by investment.
The processing time is approximately 1 to 2 months.
Yes, the main applicant can include their;
Applicants must maintain their investment for a certain period for the Latvia Residence by Investment Programme.
Investors must select a qualifying investment, submit an application with all required documents, and complete a due diligence process. Once approved, the investor must visit Latvia within three months to collect their temporary residence permit.
1. Country Overview
2. The Economy of Country
3. Global Connectivity
4. Advantages of Residence
Latvia, situated in the Baltic region, is well-known for its breathtaking landscapes and lively cultural scene. The strategic location of this place between Western Europe and the Russian Federation provides access to major markets and a high standard of living. The capital combines historic charm with modern amenities, making it a UNESCO World Heritage site.
Latvia has a thriving economy with solid financial, technology, and logistics growth. The strategic location of this place promotes trade with both European and Eastern markets worldwide. The supportive business environment, with low corporate taxes and a skilled workforce, attracts global investors.
Riga International Airport is the largest in the Baltic states, providing direct flights to major European cities. Latvia’s strategic location in Europe allows for convenient travel, making it easily accessible to international markets for business and leisure purposes.
Living in Latvia offers numerous benefits, including access to the EU’s single market, attractive tax rates, and a high standard of living. The country provides a safe environment, top-notch healthcare and education systems, and a lively cultural scene, making it a desirable destination for international entrepreneurs.
If you have any inquiries or would like a comprehensive breakdown of the precise costs for your family, please do not hesitate to contact us. We are eager to assist you.
If you have any inquiries or would like a comprehensive breakdown of the precise costs for your family, please do not hesitate to contact us. We are eager to assist you.