Business Residence Permit

obtaining a residence permit in Latvia on a business basis

The most popular ways to obtain a residence permit in Latvia are obtaining a residence permit through business and through investment. Obtaining a residence permit through a business is less expensive, but more difficult to obtain and then renew. Registration of a residence permit in Latvia through employment in your own Latvian company is, in our opinion, the best option for a residence permit in Latvia for business reasons.

Each method has its own characteristics and advantages, therefore, first, consult with specialists.

Employment in your own company in Latvia

  • register your company in Latvia;

  • make a call for employment on behalf of the company and accept yourself for work;

  • company capital – at least 2800 euros;

  • salary for any position – at least 1277 euros per month.

Registration in the Board of your company in Latvia

  • establish your own company in Latvia and register as a board member;

  • the period of existence of the company - more than a year;

  • company capital – at least 2800 euros;

  • the amount of taxes paid - at least 21,500 euros per year;

  • Salary of a board member – at least 2554 euros per month.

Investments in the Statutory capital of the company in Latvia

  • register your company in Latvia and become a shareholder in it;

  • company capital – at least 50,000 euros;

  • the amount of taxes paid - at least 40,000 euros per year;

  • one-time fee - 10,000 euros.

There are also alternative options for obtaining a Residence Permit in Latvia through investment

For a consultation, leave us a request or contact the numbers indicated below. In addition to the Residence Permit service, you can also benefit from our Accounting services in Latvia, Tax and Consulting services, and Services for registering a company in Latvia and registering a business abroad. Follow the news on our Telegram channel: https://t.me/nalogivlatvii or scan the QR code below: