Investment Residence Permit
obtaining a residence permit in Latvia on the basis of investments
The most popular ways to obtain a Residence permit in Latvia are obtaining a Residence Permit through business and investment. The application for a Residence Permit through investment is more expensive at the initial stage but simple in terms of the procedure for acquiring and renewing it. Obtaining a residence permit in Latvia through investment in real estate is, in our opinion, the most affordable and safest option for getting a residence permit in Latvia through investment.
Each method has its own characteristics and advantages. Therefore, first, consult with our specialists.
Purchase of real estate at least 250,000 euros in value
The cadastral value of the real estate - at least 250,000 euros;
One-time payment of a fee of 5% of the property value;
Payment by bank transfer to the buyer's account in Latvia;
No real estate tax arrears;
Purchase only from an individual or legal entity - a resident of Latvia, the EU, or the European Economic Area, or a non-resident with a valid residence permit in Latvia;
Real estate should not include agricultural or forest land.
Opening a deposit account in a bank for 280,000 EUR for a period of 5 years
A one-time state duty of 25,000 EUR.
Purchase of interest-free government bonds in the amount of 250,000 EUR for a period of 5 years
A one-time state duty of 38,000 EUR.
There are also alternative options - obtaining a Residence Permit in Latvia on a business basis.
For a consultation, please leave us a request or contact the numbers indicated below. In addition to Residence Permit services, you can also benefit from our Accounting services in Latvia, Tax consulting services, and Services for registering a company in Latvia and abroad.
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